India and Japan hold a huge untapped potential. Japan with a huge amount of capital and best of infrastructure and manufacturing technology and India with a huge growth market the global human resource perfectly complement each other. The new paradigm of Prime Minister Abe and Prime Minister Modi is very well poised to make it happen.
Japan’s major contribution can be in the areas of large scale infrastructure along with the large amount of capital required for the same. Large scale infra projects require complex decision making which was not happening well in the previous coalition governments of India. The new Government of Prime Minister Modi is in an excellent position to make it happen. Similarly on the Japanese side the risk taking and confidence has been rather low, which is well addressed by the Prime Minister Abe’s new policies dubbed as Abenomics. This paper will discuss how the combination works the best for both the countries.
Author: Sanjeev Sinha