Japan-India Partnership Deepens: 500,000 Exchanges, $68 Billion Investment, and Strategic Alliances

February 15, 2026
Japan-India Partnership Deepens: 500,000 Exchanges, $68 Billion Investment, and Strategic Alliances
  • Leaders reaffirmed the Special Strategic and Global Partnership and vowed to build a complementary relationship that leverages each other’s strengths to tackle future challenges.

  • Analyst background notes that Indo-Pacific strategic studies are shaping the current assessment of the partnership.

  • Bilateral trade rose to about $25.17 billion in 2026 from $21 billion in 2023-24, with Japan as a major source of India’s FDI, totaling roughly $43 billion over 25 years and plans for about $68 billion more in the next decade in AI, semiconductors, startups, and tech collaboration.

  • A renewed push in December 2025 through high-level discussions set the stage for expanding people-to-people exchanges and advancing the Japan-India Human Resource Exchange and Cooperation plan to facilitate 500,000 two-way participants over five years.

  • The partnership is being elevated, with commitments to broaden investment, manufacturing, technology collaboration, and social and economic value creation for future generations.

  • Cultural exchanges and soft-power gestures, such as the Japan Travel Fair 2026 in India and symbolic cricket memorabilia during strategic dialogues, underscore trusted ties alongside security and tech cooperation.

  • Security dynamics, including concerns about China, the Taiwan Strait, and Senkaku tensions, underpin joint efforts to maintain a rules-based order in the Indo-Pacific.

  • Japan views India as a prime destination for overseas business expansion and a reliable partner for investing in India, reflecting a large and growing market for Japanese investment.

  • The Japan-India relationship is entering a more dynamic phase, moving from traditional diplomacy to a comprehensive partnership centered on security, technology, and shared democratic values, driven by Indo-Pacific strategic interests and growing people-to-people ties.

  • A formal roadmap agreed during high-level visits aims to facilitate a two-way exchange of 500,000 people over five years, expanding sectors such as investment, innovation, environment, technology, health, mobility, and people-to-people exchanges.

  • Both sides emphasize a free, open, rules-based Indo-Pacific and strengthen security cooperation and co-created capabilities amid global uncertainties.

  • During Modi’s 2025 Japan visit, leaders highlighted progress and the need to reinforce security cooperation within the Special Strategic and Global Partnership.

Summary based on 4 sources


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