India and Japan are exploring a mechanism for technology partnership that would enable the latter’s cutting-edge firms to tap the Indian market and develop independent supply chain models.
This was the key item on the agenda when foreign secretary Vikram Misri conducted the first round of dialogue on economic security, including strategic trade and technology, in Tokyo this week, according to people with knowledge of the matter. The two sides discussed issues related to economic security, supply chain resilience and partnership in critical and emerging technologies, said an external affairs ministry statement.
Japan is a technology powerhouse, while India’s vast market offers the scale where innovative can be easily tested and propagated, said the people.
