Japan Pledges $68 Billion Decade-Long Investment in India for AI and Chips

Japan plans to invest about ¥10 trillion ($68 billion) in India over the next decade, with funds earmarked for artificial intelligence development, semiconductor manufacturing and related supply-chain projects, according to Nikkei Asia. Prime Minister Shigeru Ishiba is expected to unveil the initiative during a summit with Indian Prime Minister Narendra Modi in New Delhi on 29 August. The program aims to deepen bilateral industrial cooperation and includes provisions for Japanese companies to welcome Indian specialists, the report said.