India and Japan Agree to Deepen Collaboration in Strategic Industrial Sectors

India and Japan held the second round of the India–Japan Economic Security Dialogue in New Delhi and agreed to strengthen cooperation in strategic industrial sectors to enhance supply chain resilience.

Key Highlights

India and Japan held the second round of the Economic Security Dialogue in New Delhi.

Both countries agreed to deepen collaboration in strategic industrial sectors.

Main focus was on strengthening resilient and trusted supply chains.

Discussions covered challenges such as:

Economic coercion

Non-market policies

Overproduction

Cooperation will focus on five priority sectors:

Semiconductors

Critical minerals

Information & Communication Technology (ICT)

Clean energy

Pharmaceuticals

Both sides also discussed:

Indo-Pacific developments

Middle East situation

Energy security

Economic resilience

Important Sectors Discussed

Sector Importance

SemiconductorsEssential for electronics, AI, telecom, and defence manufacturing

Critical MineralsImportant for batteries, EVs, and clean technologies

ICTSupports digital economy and communication infrastructure

Clean EnergyHelps in green transition and energy security

PharmaceuticalsImportant for healthcare supply chains

Important Country Details

CategoryIndiaJapan

CapitalNew DelhiTokyo

CurrencyIndian RupeeJapanese Yen

Prime MinisterNarendra ModiSanae Takaichi

RegionSouth AsiaEast Asia

Important GroupingsQUAD,G20QUAD, G7

Important Terms & Definitions

Economic Security: Protection of a country’s economy, industries, and supply chains from external risks and disruptions.

Supply Chain Resilience: The ability of supply chains to continue functioning smoothly during crises or disruptions.

Strategic Industrial Sectors: Industries considered crucial for national security, technology, and economic growth.

Economic Coercion: Use of economic pressure by one country to influence another country’s policies or decisions.

Critical Minerals: Rare and essential minerals required for advanced technologies and clean energy systems.

Indo-Pacific: A strategic geopolitical region stretching from the Indian Ocean to the Pacific Ocean.

QUAD: A strategic grouping of India, Japan, Australia, and the United States.

Important Organisations Mentioned

JETRO: Japan External Trade Organization

CII: Confederation of Indian Industry

QUAD: Quadrilateral Security Dialogue