PM Modi, Japan PM Sanae Takaichi Sign Key Deals on AI, Semiconductors and Energy

India and Japan have strengthened their Special Strategic and Global Partnership by signing multiple agreements across economic cooperation, clean energy, semiconductors, artificial intelligence (AI), advanced technology and supply chain resilience during the India-Japan Annual Summit held in New Delhi on 2 July 2026.

Japanese Prime Minister Sanae Takaichi, on her first official visit to India after assuming office, held bilateral talks with Prime Minister Narendra Modi at Hyderabad House. The two leaders reaffirmed their commitment to expanding cooperation across critical technologies, trade, defence, energy security and investment, while outlining a roadmap for deeper strategic engagement in the Indo-Pacific region.

The summit comes at a time when both countries are looking to diversify global supply chains, strengthen semiconductor manufacturing capabilities and accelerate clean energy partnerships. Prime Minister Modi also announced plans to double the number of Japanese companies operating in India while targeting 10 trillion yen in Japanese investment over the coming years.

India-Japan Summit 2026: Key Highlights

Particulars	Details
Event	India-Japan Annual Summit 2026
Date	2 July 2026
Venue	Hyderabad House, New Delhi
Leaders	PM Narendra Modi & PM Sanae Takaichi
Major Outcome	Multiple MoUs signed across strategic sectors
Focus Areas	Economy, Energy, AI, Semiconductors, Supply Chains

Major Agreements Signed

India and Japan exchanged several Memorandums of Understanding (MoUs) aimed at expanding bilateral cooperation across high-growth sectors.

Sector	Key Focus
Economic Cooperation	Investment and trade expansion
Energy	Energy security and clean energy collaboration
Semiconductors	Supply chain resilience and chip ecosystem
Artificial Intelligence	AI research and technology collaboration
Advanced Technologies	Quantum technologies and emerging innovation
Supply Chains	Diversification and resilient manufacturing

The agreements are expected to deepen industrial collaboration while supporting long-term economic growth in both countries.

India Targets 10 Trillion Yen Japanese Investment

Prime Minister Narendra Modi announced that India aims to attract 10 trillion yen in Japanese investment while also working to double the number of Japanese businesses operating in India.

Greater investment is expected across manufacturing, electronics, infrastructure, mobility, renewable energy and digital technologies.

Semiconductor and Advanced Technology Cooperation

Semiconductors emerged as one of the key priorities during the summit.

Both countries agreed to strengthen cooperation in:

• Semiconductor supply chains
• Chip manufacturing ecosystem
• Quantum technologies
• Artificial Intelligence
• Advanced manufacturing
• Critical technologies

The partnership aligns with India's ongoing efforts to build a domestic semiconductor ecosystem while reducing dependence on global supply chain disruptions.

Energy Security Takes Centre Stage

Energy cooperation was another major pillar of the summit.

The two leaders emphasized strengthening collaboration in:

• Energy security
• Clean energy technologies
• Sustainable energy infrastructure
• Petroleum supply resilience
• Future energy partnerships

Japanese Prime Minister Sanae Takaichi highlighted the shared responsibility of India and Japan in ensuring regional energy security across Asia.

PM Modi Highlights Long-Term Strategic Partnership

Addressing the joint press conference, Prime Minister Narendra Modi described India-Japan relations as a "partnership for the future built on trust."

He noted that Japan has played a significant role in India's economic development over the past several decades through investments in automobiles, electronics, infrastructure and manufacturing.

The Prime Minister said the latest summit marks the beginning of a new phase in the Special Strategic and Global Partnership.

Why the Summit Matters

The India-Japan summit comes at a time of increasing geopolitical uncertainty and shifting global supply chains.

The agreements are expected to:

• Boost bilateral investment.
• Strengthen semiconductor manufacturing.
• Expand AI and technology collaboration.
• Improve energy security.
• Enhance resilient supply chains.
• Support long-term economic growth.

The expanded partnership also reinforces cooperation in critical sectors that are becoming increasingly important for global economic competitiveness.

Key Takeaways

Highlights	Details
Leaders	PM Narendra Modi and PM Sanae Takaichi
Major Agreements	Economy, Energy, AI, Semiconductors
Investment Target	10 trillion yen from Japan
Business Goal	Double Japanese companies in India
Technology Focus	AI, Quantum, Semiconductor Supply Chains
Strategic Theme	Trusted long-term partnership

What was the main outcome of the India-Japan Summit 2026?

India and Japan signed multiple MoUs covering economic cooperation, energy, artificial intelligence, semiconductors and advanced technologies.

What investment target was announced?

Prime Minister Narendra Modi said India aims to attract 10 trillion yen in Japanese investment while doubling the number of Japanese companies operating in the country.

Which sectors received the biggest focus?

Semiconductors, AI, clean energy, advanced technologies, supply chain resilience and economic cooperation were the major focus areas.

Why are semiconductors important in the partnership?

Both countries are seeking to strengthen semiconductor supply chains, expand chip manufacturing capabilities and reduce dependence on global supply disruptions.

Why is the India-Japan partnership significant?

The partnership supports long-term cooperation in technology, manufacturing, investment, energy security and strategic economic growth while strengthening stability in the Indo-Pacific region.