Latest news with #India-Japan
India Gazette
2 days ago
- Business
- India Gazette
US Secy of Commerce Lutnick to deliver keynote address at USISPF's Leadership Summit
Washington, DC [US], May 30 (ANI): US Secretary of Commerce Howard Lutnick and Second Lady Usha Vance will attend the eighth edition of the US-India Strategic Partnership Forum (USISPF) Leadership Summit on Monday. Secretary Lutnick will share his insights on strengthening the U.S.-India strategic and economic partnership to achieve the goal set by President Trump and Prime Minister Modi for USD 500 billion in bilateral trade, according to a release. The Summit will also feature the Second Lady of the United States, Usha Vance, in a fireside chat. As the first Indian American in the role of Second Lady, Ms. Vance's presence symbolizes the deepening partnership between the world's oldest and largest democracies and highlights the robust strength of the people-to-people ties. USISPF will also present the 2025 Global Leadership Awards to three distinguished business leaders - Mr. Arvind Krishna, Chairman, President and CEO, IBM, Kumar Mangalam Birla, Chairman, Aditya Birla Group and Toshiaki Higashihara, Executive Chairman, Hitachi, Ltd. for their outstanding contributions in strengthening the US-India-Japan economic partnership, the release added. Under Birla's leadership, the Aditya Birla Group is the largest Indian greenfield investor in the United States, with investments exceeding $15 billion. IBM, led by Arvind Krishna, has accelerated global digital transformation through advancing cutting-edge research in AI, cloud, quantum computing, and blockchain, with India playing a pivotal role in its global R&D and talent ecosystem. Hitachi, under the leadership of Toshiaki Higashihara, continues to expand its investments in infrastructure, mobility, and digital innovation, closely aligning with key U.S.-India-Japan collaboration in energy, transportation, and technology. This will be the first time that QUAD business leaders will be honoured at the USISPF summit, the release added. The summit will also feature conversations with Ambassador Vinay Mohan Kwatra, Ambassador of India to the United States, Senator Steve Daines (R-MT) and Representative Rich McCormick (R-GA-07), Co-Chair, Congressional Caucus on India and Indian Americans, and USISPF Board members. 'USISPF was founded with the single goal of uniting the two most powerful and robust democracies.' said John Chambers, Chairman, USISPF; Founder & CEO, JC2 Ventures. He added 'USISPF's strength and reach reflect with the growth, dynamism and optimism inherent in the U.S.-India strategic partnership'. 'As the most prestigious summit in the U.S.-India corridor, the Leadership Summit brings together key policy and decision makers and private sector leaders to discuss their vision and way forward for bilateral partnership'. 'We are proud to welcome Secretary Lutnick, Second Lady Usha Vance and recognise exemplary business leaders who have strengthened the U.S.-India-Japan corridor,' said Dr. Mukesh Aghi, President & CEO, USISPF. 'These three leading democracies--together representing well over $35 trillion--are united by a shared commitment to strengthening supply chains and upholding a rules-based international order in the Indo-Pacific and beyond. With Japan's strength in advanced engineering manufacturing, India's robust economic growth, demographic dividend and engineering talent and the U.S. innovation economy and capital, this trilateral partnership is uniquely positioned to drive progress across critical sectors. This summit celebrates that shared vision and momentum.' The USISPF Leadership Summit is the most prestigious gathering in Washington, DC focused on accentuating US-India ties and convening senior government leaders and officials, diplomats, Members of the U.S. Congress and Senate, USISPF Board members, leading business executives, media, think tanks, and global thought leaders, all working to advance cooperation and celebrate this important partnership, the release added. (ANI)
India.com
24-05-2025
- Politics
- India.com
Indian All-Party Delegation In Japan Reaffirms Zero Tolerance For Cross-Border Terrorism
An all-party delegation of Indian MPs, led by Shri Sanjay Kumar Jha, on Saturday, conveyed a strong and unified national message of zero tolerance for cross-border terrorism during a formal interaction hosted by the Indian Ambassador to Japan, Sibi George, at India House in Tokyo. Indian Embassy in Japan stated that Members of Parliament interacted with dignitaries from Japan's political, governmental, and academic spheres and conveyed a message regarding zero tolerance for cross-border terrorism. "All-Party Delegation of Hon'ble Members of Parliament led by Shri Sanjay Kumar Jha interacted with dignitaries from Japan's political, governmental, and academic spheres and conveyed a strong and unified national message of zero tolerance for cross-border terrorism at a dinner hosted by Ambassador Sibi George at India House," the Indian Embassy in Japan said in a post on X. Headed by Janata Dal (United) MP Sanjay Kumar Jha, the delegation met with prominent Japanese dignitaries from the political, governmental, and academic sectors. The interaction served as a key platform to bolster India-Japan relations and reaffirm India's resolute stance against terrorism, particularly in the context of recent attacks and growing regional security challenges. "Seven delegations of all-party MPs will be visiting different countries. We were the first delegation to leave India. We have been in Japan for the last 3 days. Members of the ruling and opposition parties are in the delegation. We may have political differences and contest elections against each other, but when it comes to the country, we are all together," Sanjay Jha said. The all-party delegation that visited Japan, comprising MPs from various parties including the BJP, AITC, CPI(M), and Congress, is on a multi-nation tour of East Asia as part of India's broader global outreach to garner support against terrorism and promote strategic cooperation. Sanjay Kumar Jha is leading a nine-member delegation including BJP MPs Aparajita Sarangi, Brij Lal, Pradhan Baruah, Hemang Joshi, AITC's Abhishek Banerjee, CPI (M) MP John Brittas, former MEA Salman Khurshid and Ambassador Mohan Kumar.
India Gazette
23-05-2025
- Politics
- India Gazette
"Mission to unite world in India's fight against terrorism and expose Pakistan," all party delegation member Dr. Hemang Joshi
Tokyo [Japan] May 23 (ANI): BJP MP Dr. Hemang Joshi, part of the all-party delegation led by JD(U) MP Sanjay Kumar Jha, stated on Friday that the delegation's mission is to unite the global community in India's fight against terrorism and to expose Pakistan-sponsored terrorism on the world stage. Dr. Joshi said about their visit to Japan, 'From India, the all-party delegation has come here with a mission. The mission is to unite the world in India's fight against terrorism and to expose the terror sponsored by Pakistan, in front of the world. Yesterday was our first day in Japan, and it was very fruitful. We held productive discussions with Japan's former Prime Minister, the Foreign Minister, and prominent think tanks. I am pleased to note that they unequivocally support India's operations against terrorism, condemning terrorism in all its forms and endorsing our zero-tolerance policy.' He added, 'This morning, we hosted a breakfast meeting with diplomats from over 21 countries, including representatives from Mexico, Greece, Saudi Arabia, and the United Kingdom. Their response was positive, and they expressed solidarity with India's efforts to combat terrorism.' On Thursday, Sanjay Jha appealed to all world leaders to side with India against Pakistan's sponsorship of terrorism. Jha, while talking to ANI, said that the delegation is there to raise awareness of Operation Sindoor. 'Pakistan is a state sponsor of terrorism. One must differentiate between terrorists and the terrorist sponsor, which is the state that promotes them, funds them, and gives them training. This is known, but we must make it clear that after the Pahalgam terror attack, India's stance is to wipe off the terror sponsors. Now people from all over the world should gather to eliminate this source from which terrorists are located,' he said. Prior to this, Indian Ambassador to Japan, Sibi George, briefed the All-Party delegation, where he noted that after the dastardly April 22 Pahalgam terror attack, Japan was the first country to respond. The Indian Embassy in Tokyo stated that India's unwavering stand against cross-border terrorism, as seen in Operation Sindoor, will be highlighted in all engagements. In a separate key meeting, Foreign Secretary Vikram Misri met Takehiro Funakoshi, Vice Minister for Foreign Affairs, Government of Japan, for the Foreign Secretary-Vice Minister Dialogue in Tokyo. Their discussions covered advancing the India-Japan Special Strategic and Global Partnership and conveying India's message on zero tolerance for terror. Misri also met Hiroyuki Namazu, Senior Deputy Foreign Minister, Government of Japan. They exchanged views on India-Japan cooperation in the Indo-Pacific region & other issues of common interest. (ANI)
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Business Standard
23-05-2025
- Business
- Business Standard
India not just future-ready, but shaping that future: FS Misri in Tokyo
Foreign Secretary Vikram Misri delivered the spotlight address at the 2nd edition of the Raisina Tokyo Dialogue, highlighting the multifaceted nature of the India-Japan partnership, including new greenfield sectors for cooperation. Speaking on India's economic landscape at the event, Misri highlighted that the country continues to be a highly attractive destination for global capital, backed by strong foreign exchange reserves, declining inflation, and a large, young, and dynamic workforce. He noted that India's foreign exchange reserves have exceeded USD 690 billion, and retail inflation dropped to 3.16 per cent in April 2025, the lowest in nearly six years. With a population of 1.4 billion and a median age under 29, India remains one of the world's largest and most promising consumer markets. This demographic strength, combined with a rising middle class and an expanding workforce, positions India to play a key role in the technology-driven future. He emphasized the strategic shift in India's economic model, with a renewed focus on manufacturing-led growth. The "Make in India" initiative, launched in 2014, has led to increased investment across diverse sectors, including electronics, defence, pharmaceuticals, and textiles. Misri highlighted the Production Linked Incentive Scheme, which is projected to attract USD 520 billion in investment and includes more than two dozen Japanese companies. India has also allocated USD 10 billion to develop a semiconductor ecosystem, while collaboration with Japan in this sector is expected to enhance talent and innovation on both sides. "We are also nurturing semiconductor-ready talent, which will supplement similar efforts by Japan to rediscover its traditional strength in this sector," he said. India's electric vehicle sector is also undergoing transformation, supported by policies such as FAME-II and new incentives for battery manufacturing. As the world's fourth-largest vehicle producer, India is aiming to replicate the India-Japan success of Maruti-Suzuki in the age of electric mobility. India has made significant reforms to foster a transparent and efficient business environment, liberalizing foreign direct investment (FDI) limits in defence, insurance, and space technology, while simplifying business compliance and tax structures. The country's ranking in the World Bank's Ease of Doing Business index improved from 142nd in 2014 to 63rd in 2020. Legal reforms have reduced over 39,000 business compliances and decriminalized hundreds of minor offences, streamlining enterprise operations. The government has prioritized transparency and digital governance, with tools like the National Single Window System providing access to over 150 approvals and clearances. Initiatives such as MCA21 and GSTN have simplified filings and compliance for businesses. Misri said, "The simplification of India's complex labour regulations into four unified labour codes has reduced the compliance burden while balancing workers' rights with industry flexibility." He noted that the Goods and Services Tax has created a unified national market, while the Insolvency and Bankruptcy Code has transformed corporate insolvency resolution by ensuring time-bound processes and boosting creditor confidence. Infrastructure development has been a major focus, with the PM Gati Shakti National Master Plan aligning investments across transport and logistics. The Bharatmala initiative aims to upgrade and construct 65,000 kilometres of highways, while Sagarmala is enhancing port infrastructure. The modernization of Indian Railways, full electrification, smart stations, and dedicated freight corridors have all contributed to reducing logistics costs and improving competitiveness. "Japan has been our preferred partner in urban mobility, with metro rail emerging as the new ambition of even second tier cities in India," he said, citing the Mumbai-Ahmedabad High-Speed Rail corridor as a flagship project in bilateral cooperation. India's aviation sector is growing rapidly through the UDAN scheme, expanding regional connectivity and targeting the operation of over 200 airports by 2040. Integrated logistics parks are further improving freight movement. In energy, India is now the world's third-largest renewable energy producer, targeting 500 GW of non-fossil fuel capacity by 2030, with green hydrogen identified as a major area for future India-Japan cooperation. The Digital India mission has revolutionized public service delivery, expanding e-governance, online education, and telemedicine. Misri noted that India's national AI strategy and rollout of 5G have democratized digital opportunities, fostering the growth of the startup ecosystem in areas such as fintech, agritech, clean energy, and health tech. India's space program, including missions like Chandrayaan and Gaganyaan, is now open to private enterprise and has become a major driver of innovation, with Japanese capital and expertise seen as potential partners for the future. A parallel focus on education and skilling is equipping India's youth for the new industrial revolution, with India and Japan collaborating on training and language initiatives. Misri pointed to India's strategic positioning for manufacturing, digital empowerment, and infrastructure development, asserting that India is not only future-ready, but "shaping that future." He underscored the importance of the Special Strategic and Global Partnership between India and Japan, calling it one of the most significant relationships of the 21st century. The bilateral partnership, he said, spans "Industrial Competitiveness, Clean Energy Partnership, Digital Partnership, Semiconductor Supply Chains, infrastructure development, energy, space, food-processing, science and technology, healthcare, and R & D cooperation." Trilateral initiatives, such as the India-Japan Cooperation Initiative for Sustainable Economic Development in Africa, reflect the growing scope of collaboration. Japanese investment in India continues to grow, with Misri noting that in 2022, the countries set a target of 5 trillion yen in public and private investment and financing from Japan to India between 2022 and 2027, with 3.7 trillion yen realized by August 2024. He encouraged Japanese companies to expand in India and tap into its large pool of skilled personnel, saying, "Businesses in Japan must also recognise the immense pool of skilled personnel available in India to meet the changing needs of Japan." He further urged Japanese businesses to broaden their engagement with India into sectors such as digital services, renewable energy, critical minerals, and semiconductors. "A broader trade engagement across sectors will not only unlock new business potential but also enhance economic stability, reduce over-dependence on concentrated markets, ensure supply chain resilience and strengthen long term economic security for both India and Japan." Misri expressed confidence that the India-Japan partnership, rooted in mutual trust and shared principles, would drive sustainable growth, innovation, and prosperity for both nations well into the future. The Foreign Secretary expressed deep appreciation for Japan's support in the aftermath of the April 22 terror attack in Pahalgam, Jammu and Kashmir. He acknowledged the solidarity extended by Japan and several colleagues present, reflecting the strength of the India-Japan relationship during challenging times. "India is deeply appreciative of the support that is being extended by Japan, as we have dealt with the tragedy that took place on the 22nd of April in Pahalgam, Jammu and Kashmir in India," Misri said. He stressed the need for global clarity on the issue of terrorism, urging against equating victims and perpetrators. "As we deal with the scourge that is terrorism that doesn't distinguish and that impacts everybody in the world from time to time, it is important that we don't equate the victim and the perpetrator of these attacks," he said.
India Gazette
23-05-2025
- Business
- India Gazette
India is not only future-ready, it is shaping that future: Foreign Secy Misri in Tokyo
Tokyo [Japan], May 23 (ANI): Foreign Secretary Vikram Misri delivered the spotlight address at the 2nd edition of the Raisina Tokyo Dialogue, highlighting the multifaceted nature of the India-Japan partnership, including new greenfield sectors for cooperation. Speaking on India's economic landscape at the event, Misri highlighted that the country continues to be a highly attractive destination for global capital, backed by strong foreign exchange reserves, declining inflation, and a large, young, and dynamic workforce. He noted that India's foreign exchange reserves have exceeded USD 690 billion, and retail inflation dropped to 3.16 per cent in April 2025, the lowest in nearly six years. With a population of 1.4 billion and a median age under 29, India remains one of the world's largest and most promising consumer markets. This demographic strength, combined with a rising middle class and an expanding workforce, positions India to play a key role in the technology-driven future. He emphasized the strategic shift in India's economic model, with a renewed focus on manufacturing-led growth. The 'Make in India' initiative, launched in 2014, has led to increased investment across diverse sectors, including electronics, defence, pharmaceuticals, and textiles. Misri highlighted the Production Linked Incentive Scheme, which is projected to attract USD 520 billion in investment and includes more than two dozen Japanese companies. India has also allocated USD 10 billion to develop a semiconductor ecosystem, while collaboration with Japan in this sector is expected to enhance talent and innovation on both sides. 'We are also nurturing semiconductor-ready talent, which will supplement similar efforts by Japan to rediscover its traditional strength in this sector,' he said. India's electric vehicle sector is also undergoing transformation, supported by policies such as FAME-II and new incentives for battery manufacturing. As the world's fourth-largest vehicle producer, India is aiming to replicate the India-Japan success of Maruti-Suzuki in the age of electric mobility. India has made significant reforms to foster a transparent and efficient business environment, liberalizing foreign direct investment (FDI) limits in defence, insurance, and space technology, while simplifying business compliance and tax structures. The country's ranking in the World Bank's Ease of Doing Business index improved from 142nd in 2014 to 63rd in 2020. Legal reforms have reduced over 39,000 business compliances and decriminalized hundreds of minor offences, streamlining enterprise operations. The government has prioritized transparency and digital governance, with tools like the National Single Window System providing access to over 150 approvals and clearances. Initiatives such as MCA21 and GSTN have simplified filings and compliance for businesses. Misri said, 'The simplification of India's complex labour regulations into four unified labour codes has reduced the compliance burden while balancing workers' rights with industry flexibility.' He noted that the Goods and Services Tax has created a unified national market, while the Insolvency and Bankruptcy Code has transformed corporate insolvency resolution by ensuring time-bound processes and boosting creditor confidence. Infrastructure development has been a major focus, with the PM Gati Shakti National Master Plan aligning investments across transport and logistics. The Bharatmala initiative aims to upgrade and construct 65,000 kilometres of highways, while Sagarmala is enhancing port infrastructure. The modernization of Indian Railways, full electrification, smart stations, and dedicated freight corridors have all contributed to reducing logistics costs and improving competitiveness. 'Japan has been our preferred partner in urban mobility, with metro rail emerging as the new ambition of even second tier cities in India,' he said, citing the Mumbai-Ahmedabad High-Speed Rail corridor as a flagship project in bilateral cooperation. India's aviation sector is growing rapidly through the UDAN scheme, expanding regional connectivity and targeting the operation of over 200 airports by 2040. Integrated logistics parks are further improving freight movement. In energy, India is now the world's third-largest renewable energy producer, targeting 500 GW of non-fossil fuel capacity by 2030, with green hydrogen identified as a major area for future India-Japan cooperation. The Digital India mission has revolutionized public service delivery, expanding e-governance, online education, and telemedicine. Misri noted that India's national AI strategy and rollout of 5G have democratized digital opportunities, fostering the growth of the startup ecosystem in areas such as fintech, agritech, clean energy, and health tech. India's space program, including missions like Chandrayaan and Gaganyaan, is now open to private enterprise and has become a major driver of innovation, with Japanese capital and expertise seen as potential partners for the future. A parallel focus on education and skilling is equipping India's youth for the new industrial revolution, with India and Japan collaborating on training and language initiatives. Misri pointed to India's strategic positioning for manufacturing, digital empowerment, and infrastructure development, asserting that India is not only future-ready, but 'shaping that future.' He underscored the importance of the Special Strategic and Global Partnership between India and Japan, calling it one of the most significant relationships of the 21st century. The bilateral partnership, he said, spans 'Industrial Competitiveness, Clean Energy Partnership, Digital Partnership, Semiconductor Supply Chains, infrastructure development, energy, space, food-processing, science and technology, healthcare, and R&D cooperation.' Trilateral initiatives, such as the India-Japan Cooperation Initiative for Sustainable Economic Development in Africa, reflect the growing scope of collaboration. Japanese investment in India continues to grow, with Misri noting that in 2022, the countries set a target of 5 trillion yen in public and private investment and financing from Japan to India between 2022 and 2027, with 3.7 trillion yen realized by August 2024. He encouraged Japanese companies to expand in India and tap into its large pool of skilled personnel, saying, 'Businesses in Japan must also recognise the immense pool of skilled personnel available in India to meet the changing needs of Japan.' He further urged Japanese businesses to broaden their engagement with India into sectors such as digital services, renewable energy, critical minerals, and semiconductors. 'A broader trade engagement across sectors will not only unlock new business potential but also enhance economic stability, reduce over-dependence on concentrated markets, ensure supply chain resilience and strengthen long term economic security for both India and Japan.' Misri expressed confidence that the India-Japan partnership, rooted in mutual trust and shared principles, would drive sustainable growth, innovation, and prosperity for both nations well into the future. The Foreign Secretary expressed deep appreciation for Japan's support in the aftermath of the April 22 terror attack in Pahalgam, Jammu and Kashmir. He acknowledged the solidarity extended by Japan and several colleagues present, reflecting the strength of the India-Japan relationship during challenging times. 'India is deeply appreciative of the support that is being extended by Japan, as we have dealt with the tragedy that took place on the 22nd of April in Pahalgam, Jammu and Kashmir in India,' Misri said. He stressed the need for global clarity on the issue of terrorism, urging against equating victims and perpetrators. 'As we deal with the scourge that is terrorism that doesn't distinguish and that impacts everybody in the world from time to time, it is important that we don't equate the victim and the perpetrator of these attacks,' he said. (ANI)
