Japan has committed 2 trillion yen toward India's 10 trillion yen private investment target, as the two nations issued joint declarations on economic security and AI cooperation.
The investment will be made through participations by more than 150 Japanese companies and 120 cooperation agreements, according to a joint statement on Thursday.
At a recent bilateral summit, the two nations issued joint declarations on economic security and AI cooperation, including joint R&D on large language models.
They also launched the Japan-India CBG Initiative for biogas development and advancing the Mumbai-Ahmedabad High-Speed Rail project.
The two nations agreed to deepen defense cooperation under a revised security declaration, hold the next "2+2" ministerial dialogue within the year, and launch energy security talks.