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Japan accounted for more than a tenth of India's FDI under Abe's tenure

During Abe's tenure, Japan had announced support for a number of major projects

Shinzo Abe
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Prime Minister Narendra Modi with then Japan PM Shinzo Abe | File photo (PTI)

Sachin P MampattaIshaan Gera Mumbai/Delhi
Shinzo Abe’s second run as Japanese prime minister saw investments account for more than ten per cent of India’s overall foreign direct investments (FDI) on more than one occasion. (Abe was prime minister from 2006 to 2007 and again from 2012 to 2020.)

Japan’s $1.8-billion investments accounted for 11.2 per cent of India’s FDI flows in 2013-14. FDI inflows from the island nation had a 11.7 per cent share in 2016-17 when investments rose to $4.2 billion.

The post-pandemic period has seen some signs of investments tapering off. Japan’s FDI flows to India were $1.5 billion, according to provisional 2021-22 Reserve Bank

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