India’s trade ties with Japan are expanding significantly, according to ASSOCHAM.

The Associated Chambers of Commerce and Industry of India (ASSOCHAM) said in its latest update that India’s trade ties with Japan are expanding significantly, supported by a series of high-level bilateral exchanges. Recent trade developments and promising investment announcements are expected to help lift bilateral trade to USD 50 billion by 2030, from USD 27.47 billion in 2025-26.

Japan has remained an important trade and investment partner in India’s economic development, with both countries expected to build on their longstanding relationship. Japan is currently the fifth-largest investor in India and has committed JPY 10 trillion in private investment over the next decade, underscoring its continued confidence in India’s economic growth prospects.