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India-Japan Summit: 129 MoUs Signed, 10 Trillion Yen Investment Target Set

India-Japan Summit: 129 MoUs Signed, 10 Trillion Yen Investment Target Set

Business Today
Business Today
  • New Delhi,
  • Jul 3, 2026,
  • Updated Jul 3, 2026, 2:12 PM IST

The 16th India-Japan Annual Summit, held in New Delhi from July 1–3, 2026, marked a transformative milestone in the nations' "Special Strategic and Global Partnership." Japanese Prime Minister Sanae Takaichi’s first official visit saw the signing of 129 MoUs, targeting a ¥10 trillion investment over the next decade. Key outcomes included a landmark defence co-development deal for naval radio antennas (UNICORN) and a strategic roadmap focusing on semiconductors, AI, critical minerals, and green energy. Both leaders emphasized resilient supply chains, aligning India's MAHASAGAR vision with Japan’s Free and Open Indo-Pacific to ensure regional stability and economic prosperity.