Japan and India have a long history of business ties, dating back to when India exported a large amount of iron ore to Japan during World War II.
Since then, Japan has provided India with yen loans, and last month, India's Indian Institute of Technology Gandhinagar hosted a two-day "India-Japan Innovation Symposium" to promote research and development between the two countries, Quartz reports.
"The trade relationship between India and Japan dates back to the World War II era when India had exported a large iron ore to help Japan to reach the convalescence from the wreckage caused by the war," the event's website states.
"In return, Japan provided India with yen loans in 1958, first of its type from Japanese government, and since then, a robust relationship between the two kick-started."
Among the topics discussed at the March 11 and 12 event: water filtration, artificial intelligence, robotics, and electronics, among others.
Japan's New Energy and Industrial Technology Development Organization, which helped organize the event, says it hopes to "create a niche future for its industries," including semiconductors, electronics, and space technology.
India's Times of India reports that the two countries have agreed to work together on a number of other projects, including building a
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Ganesh Natarajan is the Founder and Chairman of 5FWorld, a new platform for funding and developing start-ups, social enterprises and the skills eco-system in India. In the past two decades, he has built two of India’s high-growth software services companies – Aptech and Zensar – almost from scratch to global success.