Japan will play an increasingly important role in India's economic transformation and development. During his meeting with India's Prime Minister Narendra Modi, Prime Minister of Japan Shinzo Abe has pledged a qualitatively new level of Japanese support and partnership for India's inclusive development, including transformation of India's manufacturing and infrastructure sectors.

The Japanese PM has announced his intention to realise 3.5 trillion Yens, or US$ 35 billion (Rs2,10,000 crore), of public and private investment and financing to India over the next five years. "I am deeply grateful to him and the people of Japan. He has expressed strong support for my vision of India's development and has committed support in all areas of development," said the Indian PM.

Tokyo Declaration for India
Meeting in Tokyo on September 1, 2014, both the Prime Ministers pledged to realise the full potential of India-Japan Strategic and Global Partnership for continuing progress and prosperity for their people and for advancing peace, stability and prosperity in Asia and the world. Elevating the relationship to a Special Strategic and Global Partnership, they called their meeting the dawn of a new era in India - Japan relations.

Prime Minister Abe expressed his deep appreciation for Prime Minister Modi`s choice of Japan as his first destination for a bilateral visit outside India`s immediate neighbourhood. Prime Minister Modi described this decision as a reflection of Japan`s importance in India`s foreign policy and economic development and her place at the heart of India`s Look East Policy. Prime Minister Modi thanked Prime Minister Abe for his deep personal commitment to strengthening India - Japan strategic partnership, the extraordinary warmth of his hospitality, and the bold vision that characterized their discussions in Tokyo today.

Prime Minister Abe affirmed a broader and stronger Japanese partnership for Prime Minister Modi`s bold and ambitious vision for accelerating inclusive development in India, particularly by transforming the infrastructure and manufacturing sectors. Prime Minister Modi expressed his deep appreciation for Japan's continuous support for India's economic development and stated that no country has done more for modernizing India`s infrastructure than Japan.
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