Recently the NHK News reported the following:
In India where there was a continuous high economic growth, the government of Japan and India seemed to be accelerating jointly the movement for the large-scale infrastructure upgrading by infrastructure acquisition through government and private cooperation.
In Tamil Nadu state in the southern part of India, the infra-structure maintenance plan that had the cooperation from Japan was a large-scale port, 1/3 of total Japanese firms that had advanced into India was there, that was an equivalent of over 270 companies. On the 22nd, in the state capital Chennai, the person who was in charge of the Ministry of Economy, Trade and Industry in Japan attended the ceremony, it was decided that for the state government and Japanese Government there would be scheduled regular sessions in the future to decide on the upgrading of infrastructure. What followed would be to hold opening meetings to negotiate the modification of roads and bridges that were connected to the port, and Shinkansen etc. of Japan was cited as the candidate to schedule the infrastructure plan for the rail systems and roads. The Indian government had planned that in future in total the infrastructure maintenance would amount to over one trillion dollars in about five years, competition in getting the contracts among the enterprises from all countries would be intense. Shuichi Okada the Economic Industrial Councillor who had attended the ceremony was saying that "It is connected to the maintenance of an environment that Japanese firms could advance easily into the southern part of India, and in addition want to accelerate the advancement in the future".
It is obvious that Japan is shifting its investment focus to India. The political and economic implications of this move can be far reaching.