The Prime Minister of Japan visited India and the two countries signed a number of cooperation agreements.

After a meeting with Japanese Prime Minister Yosuko Koga, Indian Prime Minister Modi announced that India and Japan have signed several agreements aimed at strengthening cooperation in areas such as artificial intelligence, metals, and energy, and have formulated a joint roadmap for economic security.

Modi said on Thursday (July 2nd): "The combination of Japan's advanced technology and India's software capabilities will inject new impetus and strength into the global development of artificial intelligence."

According to data from the Indian government, the bilateral trade volume between the two countries in the fiscal year 2025/26 will reach 27.5 billion US dollars. And during the period from April to December 2025, Japan's investment in India was 3.2 billion US dollars.

Reuters quoted Modi as saying that India and Japan, both members of the Quadrilateral Security Dialogue (Quad) mechanism, have signed the first agreement for cooperation in the defense sector.

He added: "Through the Indo-Japan Biogas Initiative, we will build 1,000 biogas and organic fertilizer plants in India."

Japan is one of the largest sources of investment for India, supporting numerous major infrastructure projects including the Mumbai-Ahmedabad high-speed railway corridor. Japanese companies have also increased their investment in Indian companies, such as recently spending 1.6 billion US dollars to acquire a 20% stake in Indian Yes Bank.

Masako Takahashi led a large business delegation to New Delhi for a three-day visit. The two countries are holding their 16th annual summit, and she will attend a business meeting and give a speech on Thursday.