Japan PM Fumio Kishida will offer India $42 billion (5 trillion yen) in investment over a five-year period, Japanese newspaper Nikkei Asia reported. He is in Delhi – his first visit since taking charge last year and his first meeting with Prime Minister Narendra Modi.
Japan has been supporting India’s urban infrastructure development and a high-speed railway based on its bullet train technology. The last India-Japan summit took place in Tokyo in 2018.
Japan and India signed an agreement to allow reciprocal exchange of food, fuel and supplies between defence forces in 2020. Expanding the bullet train project in India beyond the Mumbai-Ahmedabad corridor is a part of that economic co-operation between the two countries.
For Detailed News: Hindustan Times
