Commerce Minister Piyush Goyal met Japan-India Business Cooperation Committee Chairman to bolster bilateral trade amid global shifts. Discussions focused on supply chain resilience, green tech investments, and easing market access, targeting $100 Bn trade goal by 2030.
In a key New Delhi meeting on December 16, 2025, Piyush Goyal engaged Japanese business leaders to deepen economic collaboration. The talks align with India's Act East Policy and Japan's Indo-Pacific strategy, emphasizing semiconductors, EVs, and infra synergies post-Quad summits.
Key Highlights
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Trade Focus: Enhancing FTAs; resolving non-tariff barriers in auto, electronics sectors.
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Investment Push: Japan eyes ₹2 lakh Cr infra pledges; PLI schemes for steel, renewables.
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Business Wins: JIBCC commits to skill programs; joint ventures in AI, clean energy.
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Timeline: Follow-up in Tokyo Q1 2026; builds on $22 Bn FY25 bilateral trade.
Sources: PIB, Economic Times