The impact of Modi's visit to Japan
The honorable prime minister of India, in his official visit to Japan has continued with his promise to India about growth and development, by signing a number of bilateral agreements with Japan.
The most important amongst these is doubling Japanese investment in India’s infrastructure over next five years to $35 billion.
Japan is the fourth largest investor in India, and so the agreement also contemplates to double the Japanese business firms in India.
He has taken his first step to create smart cities in India as part of the Delhi Mumbai Industrial Corridor (DMIC) project. India and Japan both will work together to create smart community projects, which includes developing power plants, assured water supply, logistic service, high volume urban transport like bullet trains etc.. The key among them is skill development programmes for youth in the regions following his motto of “ make in India “.
Few cities of Karnataka and Andra Pradesh have been highlighted as potential Industrial nodes and officials from both countries will provide a final development plan for those cities by march 2015.
The most promising thing would be, roadmap for development of Indian Aircraft industry, as Japan is going to transfer Aircraft and its technology to India. The aim here is to speed up cooperation on the US-2 amphibian aircraft. These were the few key points which Prime Minister Narendra modi managed to achieve, which starts from Bullet to nuclear in his 5 day visit to Japan, which was “ very successful” in his own simple but effective words.