Tokyo, Aug. 21 -- The Japanese government is planning to announce a 10 trillion yen (USD 68 billion) investment target for India during Prime Minister Narendra Modi's visit later this month, Kyodo News reported, citing a government source's statement.

The new target, an update of a five-year 5 trillion yen investment goal rolled out in 2022, is intended to further spur investment at a time when the two countries are working closely to promote a "free and open Indo-Pacific" in the face of an assertive China.

According to sources, the target may be included in a joint statement following summit talks between Japanese Prime Minister Shigeru Ishiba and Modi.

Modi's three-day visit to Japan, starting August 29, will be his first since May 2...