Japanese Prime Minister Shigeru Ishiba has committed ¥10 trillion ($68 billion) of public and private investment in India over the next decade, with priority given to artificial intelligence and semiconductor manufacturing. Tokyo framed the initiative as the next phase of its strategic partnership with New Delhi, which has already drawn Japanese capital into high-speed rail, infrastructure and clean-energy projects. The pledge precedes Indian Prime Minister Narendra Modi’s visit to Japan next week. Foreign Secretary Vikram Misri said the trip will focus on translating the investment plan into concrete projects and expanding cooperation under the Quad on health, critical technologies and infrastructure. Negotiators are also working on an agreement to facilitate more than 500,000 two-way visits over the coming five years, according to Japanese media. Immediately after the Tokyo meetings, Modi will travel to Tianjin, China, for the 25th Council of Heads of State of the Shanghai Cooperation Organisation on 31 August-1 September. President Xi Jinping is hosting more than 20 leaders, including Russian President Vladimir Putin, in what Beijing bills as a show of Global South solidarity. Indian officials say Modi’s bilateral agenda in Tianjin includes talks with Xi aimed at further de-escalating tensions along the disputed Himalayan border, restarting direct flights and reinstating resident journalists in each other’s capitals. The back-to-back engagements underscore New Delhi’s effort to draw advanced-technology investment from Japan while easing frictions with China amid shifting geopolitical alignments.