New Delhi, Aug. 28 -- India and Japan are stepping into a new phase of economic partnership, marked by more than USD 13 billion in fresh investments with over 170 MoUs signed in the past two years, reflecting Japan's growing confidence in India's growth story.
These Memoranda of Understandings (MoUs) are across key sectors, including steel, automotive, renewables, semiconductors, real estate and aerospace.
The agreements span across state boundaries, ranging from steel plants in Gujarat to biogas projects in rural India, Assam's gateway role to Tokyo's advanced R&D labs, semiconductor fabs to academic exchanges and AI engineers in Bangalore to Tokyo.
Under the prime agreements, Nippon Steel is investing INR 15 billion for expansion purpo...