Prime Minister Narendra Modi met with his Japanese PM Fumio Kishida at Hyderabad House in New Delhi on Saturday. The Prime Minister of Japan is on a two-day trip to India to attend key events other than a two-state conference with PM Modi.
Prime Minister Modi and Kishida held talks in New Delhi. Both leaders discussed ways to improve economic and cultural ties between the two countries, the ANI news agency quoted the Office of the Prime Minister as saying.
At his meeting, Kishida is expected to announce a $42 billion investment in India over a five-year period. He is also expected to approve a $300 billion loan and sign a co-operation document related to carbon offsets.
The Japanese prime minister is expected to promise growth in direct investment and the growth of growing Japanese companies in India. Kishida will attend the 14th India-Japan Annual Conference and host bilateral talks with PM Modi.
The Japanese and Indian market is witnessing several record breaking growth since the chronology of enhancement of ties with both the nations. Under PM Narendra Modi the relation between both the countries has recorded a tremendous rise.