Correspondent
New Delhi : On being asked about the 10-trillion-yen investment from Japan during the Japanese parliamentary delegation’s visit to India, Randhir Jaiswal, spokesperson for the Ministry of External Affairs, on Tuesday told this reporter,
“There is progress. A large number of Japanese companies are invested in India, more investments are happening, and we are very, very certain – we are very optimistic – about more Japanese companies coming to invest in India in critical sectors.”
A delegation of Japanese parliamentarians from the Liberal Democratic Party (LDP) visited India, holding interactions across the political and policy spectrum to reinforce parliamentary diplomacy and deepen the special strategic partnership between the two countries. The visiting Japanese parliamentary delegation was led by Taro Kono, a senior LDP lawmaker who has previously served as Japan’s foreign minister and defence minister.
“Some months back, we had the commerce minister visiting Japan with a strong delegation, and during that time you would have seen the kind of response that our delegation got—which yet again speaks of the optimism; not just optimism, there are things that are happening on the ground,” Jaiswal added.
“So all in all, we are very optimistic, we are very positive, and we are very certain that this relationship—in the economic partnership specifically between India and Japan—is going to gain greater heights in the days ahead,” he added, further answering the question by this reporter.
Japan’s corporate presence in India has reached a record high, with 1,463 Japanese-owned companies operating in the country in 2026, up from 1,374 in 2025, employing nearly half a million people and expanding beyond manufacturing into technology, consumer, business and financial services. Cumulative Japanese foreign direct investment (FDI) into India stood at $48.14 billion between April 2000 and March 2026, with FY2025–26 inflows of $3.75 billion, making Japan one of India’s top five FDI sources.
Bilateral merchandise trade between India and Japan has roughly doubled over the past decade, rising from $13.60 billion in FY2016–17 to $27.48 billion in FY2025–26. However, the relationship remains import-heavy for India, which exported $6.04 billion and imported $21.43 billion in goods in FY2025–26.
“We have had exchanges between parliamentarians of India and parliamentarians of Japan. Post Operation Sindoor, you would remember that we had sent our parliamentary delegation – an all-party parliamentary delegation – which visited Japan : there, they had conversations around how to strengthen the global fight against terrorism. They also put forth India’s point of view on this very serious challenge that the global community today faces. This particular LDP delegation was which visited India.
They have had interactions across the board, and such parliamentary exchanges continue to nourish and nurture and strengthen the special relationship that we have with Japan,” ” Jaiswal told this reporter earlier on Tuesday.
Japan’s parliament, National Diet (Kokkai), is a bicameral legislature comprising the House of Representatives (Shūgiin) as the lower house and the House of Councillors (Sangiin) as the upper house. The House of Representatives, with 465 members elected for four-year terms, subject to earlier dissolution, holds greater power on key matters such as budget approval, treaty ratification and designation of the prime minister. The House of Councillors has 248 members serving six-year terms, with half the seats contested every three years, and acts as a revising chamber that reviews legislation and scrutinises government policy.
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