Japan–India infrastructure desk
Japan is India’s largest bilateral development lender and one of its top five investors, with a ¥10 trillion private investment target for the coming decade. We help Japanese firms find Indian partners, navigate approvals and position for JICA-funded and domestic projects.
Talk to a partner- ¥10tnprivate investment target from Japan into India over ten yearsAug 2025 · freepressjournal.in
- 1,434Japanese companies in India, with 5,205 business locationsOct 2024 · asiancommunitynews.com
- US$48.1bncumulative FDI from Japan, India’s 5th-largest sourceApr 2000–Mar 2026 · india-briefing.com
Japan and India today
JICA is the backbone of Indian transport finance
JICA’s commitments to India exceed ¥8.5 trillion across about 100 ongoing projects. In March 2025 alone it signed ¥191.7 billion in loans, including ¥79.7 billion for Delhi Metro Phase 4 and ¥52.6 billion for Chennai’s 400 MLD Perur desalination plant. The Mumbai–Ahmedabad high-speed rail line has drawn ¥1.05 trillion since 2017.
Sources: indembassy-tokyo.gov.in, jica.go.jp, easternmirrornagaland.com
Japanese firms are scaling up in India
Hitachi India employs about 42,000 people and plans 5,000 more hires, with rail and energy as its largest bets. Toshiba is investing Rs 562 crore to expand transformer production in Hyderabad, and JFE Engineering took a 25% stake in Antony Waste’s waste-to-energy projects in 2026.
Sources: outlookbusiness.com, outlookbusiness.com, pulse.bot
Tied loans shape who leads
Japanese tied (STEP) loans typically require a Japanese prime contractor or a Japan-led joint venture, while subcontracts are open more widely. An Indian partner with local execution capacity is usually what completes the bid.
The India–Japan Comprehensive Economic Partnership Agreement has been in force since August 2011. A review is under way; the 7th Joint Committee met in Tokyo in March 2026.
Sources: indembassy-tokyo.gov.in, india-briefing.com
How the Japan desk helps
Market entry
Which Indian states, buyers and tenders fit what your Japanese company sells, and what it takes to qualify.
Learn morePartner search
A checked shortlist of Indian partners, meetings set up and joined, and support agreeing terms.
Learn moreApprovals
Company set-up, registrations and tender eligibility, alongside your lawyers and tax advisers.
Learn moreProjects and finance
PPP and lender-funded projects, from feasibility to bid and financial close.
Learn more
Where Japanese firms are finding work
- Metro, rail and high-speed rail
- Water and desalination
- Power equipment and grids
- Waste-to-energy
Useful organisations
JETRO India
Offices in New Delhi, Mumbai, Bengaluru, Chennai and Ahmedabad.
WebsiteJapan Chamber of Commerce and Industry in India (JCCII)
About 680 member companies.
Website
We work alongside these bodies; we are not affiliated with them.
Talk to the Japan desk
Meetings in English, by video or in Mumbai. A partner replies within one working day.
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