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India, Japan have set $42 billion investment target by 2027: S Jaishankar

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‘There are currently 1,400 Japanese companies operating in India, and we aim to increase this number,’ External Affairs Minister S Jaishankar said in a Quad press briefing
India and Japan have set an investment target of Yen 5 trillion ($42 billion) by 2027, said External Affairs Minister S Jaishankar in Tokyo after the Quadrilateral Security Dialogue (Quad) ministerial meeting.
The Quad foreign ministers’ meeting was held on July 29, in Tokyo, which besides Jaishankar included Japan’s Yoko Kamikawa, Australia’s Penny Wong, and US Secretary of State Antony Blinken. During this meeting, Jaishankar spoke about the deepening economic relationship between India and Japan. Click here to connect with us on WhatsApp
Speaking of development in India-Japan ties, Jaishankar at a press conference, said, « In the last 10 years, we’ve constructed eight new airports annually, added 1.5 to 2 new metro systems in various cities each year, built 28 kilometres of highways daily, and laid 8 kilometres of railway tracks daily. The number of educational institutions has doubled, and there are now 1,600 global capability centres in India generating over $100 billion in exports annually.

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