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PM Narendra Modi Japan Visit - 10 Key Points (Highlights)

PM Narendra Modi is on five days visit to Japan for winning heart & minds and to strengthen defence, strategic and business ties between India and Japan that are the Asia's second and third largest economies. It is expected that this meeting will produce a result as upgraded and deep relationship between India and Japan, so take a look on 10 Key Points (Highlights) on this visit.

 PM Modi's 3 ‘D’ Mantra

Addressing Japan's Nikkei Exchange, MR. Modi said that India offers the three necessary ‘D’s that is important for any business to succeed such are Demand, Democracy and Demography.  He inviting Japanese Investors to “Make In India” and regarding that he also said that there is no better place than India for Japanese investors because India in one of the largest and competitive markets in the world. Mr. Modi said them that "Now A Red Carpet, Not Red Tape, awaits you". 

Bullet Train

The dream project of Mr. Modi is now a step closer after committing of Japan to provide financial, technical and operational support to introduce bullet train.  PM’s dream project of Bullet Trains in India got a big push towards fulfill.

Mr. Modi said to the Japanese investors that there are more than 50 cities in India that are waiting to get metro rail projects... have you ever seen such business in one country in this one sector?

As all are know that Japan is the leader in running superfast trains, it is expected that the first high-speed train will run between Ahmedabad and Mumbai at an estimated cost of around Rs 60,000-70,000 crores.

Two nominees of Japan in PMO's special team

Modi will set up a Special Management Team directly under his control to facilitate investments proposals from Japan.  The two nominees will be selected by Japan government that would be the part of decision making team which evaluates business proposals. Such type of team which has nominees of foreign government will happen for the first time.   

Special Strategic Global Partnership

Both countries have raised their partnership to the level of 'Special Strategic and Global Partnership' with the signing of a defence pact for regional stability and Tokyo's decision to double FDI in India.
They also decided to "upgrade" and "strengthen" their defence cooperation as they asked officials to launch consultations to promote military equipment collaboration and accelerate discussions on modalities for the sale of Japanese US-2 amphibian aircraft.

Civil nuclear deal remains elusive

Japan government wants India to promise not to perform nuclear tests and more strict inspections of its nuclear facilities to ensure that spent fuel is not diverted to make bombs. Despite last-minute negotiations, the two sides could not narrow down differences over Tokyo's insistence for a tougher safe-guard regime and "no nuclear test" clause in the bilateral agreement.

Japan to invest over $33.58 billion in India

During this visit of PM Modi, Japan announced doubling of its private and public investment in India to about $34 billion over the next five years. The 3.5 trillion yen ($34 billion) of investment from Japan to India including Official Development Assistance (ODA) during a 5-year period will be under the aegis of India-Japan Investment Promotion Partnership for development of projects including infrastructure and building of smart cities. Shinzo Abe (prime minister of Japan) said there will be doubling of the presence of Japanese firms in India within the five-year period.

Japan lifts ban on 6 Indian entities

Mr. Modi said that Japan has decided to remove ban on some entities, one of them is HAL (Hindustan Aeronautics Limited) and five others which had been imposed in the aftermath of the 1998 nuclear tests. He said in his declaration that cooperation between the two countries in defence and security will get a "new direction". 6 Indian entities got free from ban however, four entities still remained in the ban list.  

Japanese companies to speedy clearance

Mr. Modi said that environment of disappointment has been over and he invited Japanese companies in India to join its developmental efforts with a promising of fair/ impartial and speedy clearance. He said “Comes, Make in India” and promised to the Japanese business for single window clearances, fast decision making which is impartial and fair in nature.

New TCS training initiative

PM Narendra Modi established TCS Japan Technology and Culture Academy, to complete the aim of enhancing technology and culture knowledge between IT professionals of the two nations.

He also flagged off the very first batch of 48 TCS Japan Trainees, who will proceed to India to undergo training for 6-8 weeks at various TCS locations and said the 21st century is the century of knowledge and technology and all of you will gain knowledge from travelling in India. He said that, “You are going as employees of TCS but I want you to come back to Japan as ambassadors of India

Modi deplores 'expansionist' tendency of some countries

He deplored the 'expansionist' tendency of some country which "encroach" upon seas of others, he didn’t name any country but the comments may be seen as targeting China which is engaged in territorial disputes with a number of its neighbors, including India, Japan and some others including Vietnam.

He said "We have to decide if we want to have 'vikas vaad' (development) or 'vistar vaad' (expansionism) which leads to disintegration. Those who follow the path of Buddha and have faith on 'vikas vaad', they develop. But we see, those having ideas of the 18th century, engage in encroachments and enter seas (of others)," he said.

During this five day visit in Japan Modi tried his hands at drums while inaugurating the TCS Cultural Centre. He drummed up to support Indian business in Japan during ceremony. The Prime Minister was inspired after watching the drummers and joined them, much to the amusement of the gathering.

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