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Piyush Goyal Leads India's Largest Business Delegation to Japan for Trade and Investment Talks

The visit aims to boost trade and investment ties as bilateral trade topped $27 billion in 2025-26, the Commerce Ministry said.

  • On Monday, August 24, 2026, Union Commerce and Industry Minister Piyush Goyal begins a four-day visit to Japan, leading India's largest-ever business delegation with more than 200 representatives from manufacturing, semiconductors, clean energy, and other key sectors.
  • Bilateral trade surpassed $27 billion in 2025–26, reflecting the growing economic partnership, while Japan ranks as India's fifth-largest investor with cumulative investments exceeding $48 billion since 2000.
  • Goyal will participate in a round-table with Keidanren, the Japan Business Federation representing more than 1,500 leading companies, with sessions focused on semiconductors, artificial intelligence, and clean energy.
  • Bilateral talks are scheduled with Japanese Economy, Trade and Industry Minister Akazawa Ryosei, followed by business roadshows in Nagoya and Osaka showcasing India's manufacturing and clean energy potential.
  • Japan set a 10 trillion yen investment target for India over the next decade, while Japan External Trade Organisation survey data shows more than 80% of Japanese companies plan to expand operations.
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Moneycontrol broke the news in Mumbai, India on Sunday, August 23, 2026.
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