Japan PM hails India's efforts to become global semiconductor hub under PM Modi’s Leadership
Aug 29, 2025
Desc: Tokyo (Japan), Aug 29 2025 (ANI): Addressing the India-Japan Joint Economic Forum, Japan PM Shigeru Ishiba said, " Japan's advanced technology and India's outstanding talent complement each other, leading to a dramatic expansion of our economic ties. Many Japanese companies are playing a key role in Make in India... Today, the signing of new cooperation documents between our companies demonstrates Japan's firm commitment to further its investment in India and to strengthening cooperation. It is clear evidence that we are steadily building our supply chain centred around our two nations... I wish to see our bilateral cooperation continue to develop in the future. To achieve this, I will outline three key initiatives- promotion of people-to-people exchanges. Six years ago I visited Varanasi and met some really hardworking people there... I was overwhelmed by India's energy for growth... The fusion of technology and the market is the second initiative... Many Japanese companies are working together on the construction of Mumbai-Ahmedabad High Speed Rail... Maruti Suzuki which entered India 40 years ago, now commands a significant market share..."
