**Executive Summary**
This report summarizes the press statement delivered during the India-Japan Annual Summit on July 02, 2026. The summit marks a new chapter in the Special Strategic and Global Partnership, focusing on technology, defense, and economic security. Key objectives include attracting 10 trillion yen in Japanese investment over the next decade and celebrating the 75th anniversary of diplomatic relations in the coming year.
**Key Points / Main Content**
**Technology and Artificial Intelligence**
* A Joint Statement on Artificial Intelligence was issued to facilitate cooperation between Indian AI institutions and Japanese partners.
* The partnership aims to combine Japan’s precision technologies with India’s software capabilities to advance global AI development.
**Defense and Maritime Security**
* The countries signed an agreement for their first-ever co-development project: the Naval Radio Antenna.
* Commitment was made to jointly develop defense technologies to strengthen maritime security and a rules-based order in the Indo-Pacific.
**Economic Security and Supply Chains**
* A Joint Roadmap on Economic Security was adopted to enhance supply chain resilience.
* Strategic focus areas include semiconductors, quantum technologies, and advanced materials.
**Energy and Sustainability**
* The India–Japan Bio-gas Initiative was launched to support the establishment of 1,000 biogas and organic fertilizer plants across India.
* Cooperation will expand in batteries, green hydrogen, nuclear energy, and general energy resilience to address oil shocks.
**Investment and Trade**
* An agreement between financial services agencies was signed to facilitate capital flow.
* India aims to double the number of Japanese companies operating in the country and secure 10 trillion yen in investment over 10 years.
**Healthcare and Biotechnology**
* New agreements were reached in pharmaceuticals, medical devices, and biotechnology.
* The collaboration seeks to provide affordable and reliable healthcare solutions by merging India’s manufacturing scale with Japanese quality standards.
**Mobility and People-to-People Ties**
* The India–Japan Next Generation Mobility Partnership Framework was established to cooperate in shipbuilding, aviation, and logistics.
* Expansion of talent mobility, technical internship programs, and skilling initiatives remains a priority.
**Impact Analysis**
**Indian Government and Rural Sector**
**Impact**
The GOBARdhan Initiative and rural livelihoods will be bolstered by the establishment of 1,000 biogas plants.
**Action Required**
Facilitate the implementation of biogas and fertilizer plant projects and continue ease-of-doing-business reforms to accommodate Japanese investment.
**Japanese Private Sector and Investors**
**Impact**
Japanese companies gain enhanced access to the Indian market and investment opportunities in strategic sectors like semiconductors and mobility.
**Action Required**
Utilize the new financial services framework to increase capital flow and explore new business agreements in emerging sectors.
**Defense and Research Institutions**
**Impact**
Research bodies and defense manufacturers will engage in unprecedented co-development projects and technology transfers.
**Action Required**
Coordinate on the technical execution of the Naval Radio Antenna project and establish research links in AI and quantum technologies.
**Global Healthcare Industry**
**Impact**
Enhanced production and distribution of affordable medical devices and pharmaceuticals.
**Action Required**
Indian and Japanese pharmaceutical firms must align on quality standards to deliver healthcare solutions to the global market.
Key Entities Referenced
Special Strategic and Global Partnership: The foundational bilateral framework governing the comprehensive relationship and cooperative initiatives between India and Japan.
Joint Roadmap on Economic Security: A strategic agreement to strengthen supply chain resilience in critical sectors including semiconductors, quantum technologies, and advanced materials.
India–Japan Next Generation Mobility Partnership Framework: A collaborative framework designed to expand automotive cooperation into new areas such as shipbuilding, aviation, and logistics.
India–Japan Bio-gas Initiative: An energy initiative focused on establishing one thousand biogas and organic fertilizer plants across India to support rural livelihoods and sustainability.
Naval Radio Antenna project: The first-ever co-development defense technology project between India and Japan, aimed at strengthening maritime security.
Prime Minister's Office
English Translation of Prime Minister’s Press
Statement during the Joint Press Statement with
the Prime Minister of Japan
प्रव तथ: 02 JUL 2026 2:25PM by PIB Delhi
Your Excellency, and my younger sister, Prime Minister Takaichi,
Members of the delegations of both countries,
Friends from the media,
Namaskar!
Konnichiwa!
It gives me great pleasure to welcome Prime Minister Takaichi on her first visit to India for the India–
Japan Annual Summit.
She is not only Japan’s first woman Prime Minister, but also a visionary and widely respected leader.
Moreover, she hails from Japan’s Nara Prefecture, which is an important centre of the shared Buddhist
heritage of India and Japan.
Friends,
Just a few days ago, at the G7 Summit, I said that in today’s environment of global uncertainty and
upheaval, mutual trust is our greatest strategic asset. I am proud to say that the India–Japan partnership
stands the test of this principle in every respect.
Over the past several decades, Japan has become a key partner in India’s growth story-from automobiles
to electronics, by being an invaluable reservoir of friendship and trust.
Today, with Prime Minister Takaichi’s visit, we are ushering in a new chapter in our Special Strategic and
Global Partnership.
Friends,
Today, India and Japan are both among the world’s largest economies. A free, prosperous, and rules-based
Indo-Pacific remains a shared priority for both our countries.
As the region’s largest democracies and market economies, we have launched several important initiatives
today. Together, these will help pave the way for peace, stability, and prosperity across the region.
Friends,
Prime Minister Takaichi and I firmly believe that a technology partnership will become the strongest pillar
of our cooperation. To realise this vision, we have also issued a Joint Statement on Artificial Intelligence
today. Several leading institutions from India’s AI ecosystem have likewise entered into agreements withtheir Japanese partners today. The convergence of Japan’s precision technologies and India’s software
capabilities will provide new momentum and strength to the advancement of AI globally.
In the field of defence, today we have signed an agreement for the first-ever co-development project
between India and Japan. This Naval Radio Antenna project will open a new chapter in our defence
technology partnership. Going forward, we will jointly develop defence technologies that will strengthen
regional peace, maritime security, and a rules-based order.
The agreements signed today in the areas of pharmaceuticals, medical devices, and biotechnology will
also enable us to contribute to global health security. By combining India’s scale with Japan’s quality, we
will work together to deliver affordable, reliable, and advanced healthcare solutions to the world.
Friends,
The India–Japan Investment Partnership continues to grow stronger. Over the past year, more than 100
new business agreements have been concluded, paving the way for over US$10 billion in Japanese
investment in India. The agreement signed today between our financial services agencies will further
facilitate the flow of capital and investments between our two countries.
Our objective is clear-to attract 10 trillion yen in Japanese investment into India over the next ten years
and to double the number of Japanese companies operating in India. India’s ongoing reforms have
significantly enhanced the ease of doing business, and Japanese companies are well-positioned to benefit
from these opportunities.
Friends,
In today’s era of uncertainty, both India and Japan fully recognize the importance of economic security
and energy security. In this direction, we have adopted a Joint Roadmap on Economic Security today.
Through this roadmap, we will strengthen supply chain resilience in strategic sectors such as
semiconductors, quantum technologies, and advanced materials.
In the area of energy security as well, we have taken several important decisions today. Through the India–
Japan Bio-gas Initiative, support will be extended for the establishment of one thousand biogas and
organic fertilizer plants across India. This will further strengthen our GOBARdhan Initiative.
This will provide renewed momentum to sustainability, prosperity, and rural livelihoods in India’s
villages. To better address challenges such as oil shocks, we have also launched an important initiative on
energy resilience today. At the same time, our cooperation in batteries, green hydrogen, and nuclear energy
will make a significant contribution to the world’s clean energy future.
India and Japan view economic security as a shared security imperative, and the energy transition as a
shared opportunity. Guided by this common vision, we will work together to advance both and translate
them into tangible outcomes.
Friends,
Today, we have also established the India–Japan Next Generation Mobility Partnership Framework. This
will enable us to replicate our success story in the automotive sector across new areas such as
shipbuilding, aviation, and logistics.
Friends,
One of the greatest strengths of our relationship is our people-to-people ties. We are expanding
opportunities for talent mobility, skilling, and technical internship programmes. At the same time, we are
further strengthening cooperation between our two countries in research, education, and the start-up
ecosystem.We are delighted that next year we will celebrate the 75th anniversary of the establishment of diplomatic
relations between India and Japan. On this significant occasion, we will further deepen the bonds between
our peoples through enhanced cooperation in culture, tourism, and the creative economy.
Your Excellency,
The economies of India and Japan are complementary. From our shared cultural values to cutting-edge
technology, our perspectives and approaches are closely aligned.
Above all, the foundation of our relationship rests on unwavering mutual trust. I am confident that this
Special Strategic and Global Partnership will elevate your vision of a strong and prosperous Japan, our
resolve to build a Viksit Bharat, and the progress of the world to new heights.
Together, let us realize your vision of a strong and prosperous Japan, our resolve to build a Viksit Bharat,
and the shared aspiration for the progress and prosperity of the entire world.
Once again, I extend to you my heartfelt and warm welcome.
Thank you very much.
DISCLAIMER: This is the approximate translation of Prime Minister's statement. Original statement was
delivered in Hindi.
***
MJPS/SS/VJ
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