NEW DELHI -- Japanese Prime Minister Sanae Takaichi on Thursday unveiled a plan for Japanese and Indian companies to jointly produce about 400,000 tons of green ammonia annually, speaking at an economic forum in New Delhi attended by business leaders from both countries.
Green ammonia is produced using hydrogen produced using renewable energy.
Appearing alongside Indian Prime Minister Narendra Modi at the India-Japan Joint Economic Forum, Takaichi emphasized that the two countries would "jointly support regional energy security through new forms of cooperation, including efforts to bolster oil reserves."
She also announced that Japan and India had agreed to pursue joint projects to generate energy from biomass resources available in rural India, including cow dung.
Modi expressed strong hopes for a further increase in Japanese investment in India. He said cooperation between the two countries could help build resilient supply chains in such fields as semiconductors and critical minerals.
The forum was organized by the Japan External Trade Organization and cohosted by Japan's Economy, Trade and Industry Ministry and India's Department for Promotion of Industry and Internal Trade, among other organizations, with cooperation from The Yomiuri Shimbun.
More than 150 Japanese companies took part in discussions covering four main areas: energy and critical minerals, economic security, cooperation in Africa, and the development of northeastern India.
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This article is from The Yomiuri Shimbun. Neither Dow Jones Newswires, MarketWatch, Barron's nor The Wall Street Journal were involved in the creation of this content.
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July 03, 2026 08:41 ET (12:41 GMT)
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