India, Aug. 29 -- Japan on Friday set a target of 10 trillion yen ($68 billion) in private investments in India over a decade as Prime Minister Narendra Modi and his counterpart Shigeru Ishiba finalised a 10-year roadmap to deepen economic cooperation in vital areas such as technology, digitalisation and rare earths against the backdrop of uncertainty created by the trade policies of the US administration.

Modi and Ishiba launched the Economic Security Initiative at their annual bilateral summit in Tokyo to ensure supply chain resilience in strategic sectors such as semiconductors, telecom, pharmaceuticals and emerging technologies, and also finalised a Joint Declaration on Security Cooperation to guide joint efforts to respond to contem...