♤ Japan has been extending bilateral loan and grant assistance to India since 1958, and is the largest bilateral donor for India.

♤ Japanese Official Development Assistance (ODA) supports India’s efforts for accelerated economic development particularly in priority areas like power, transportation,

environmental projects and projects related to basic human needs. Multiple mega projects are on the anvil which will transform India in the next decade.

o The Ahmedabad-Mumbai High Speed Rail,

o the Western Dedicated Freight Corridor (DFC),

o the Delhi-Mumbai Industrial Corridor with twelve new industrial townships,

o the Chennai-Bengaluru Industrial Corridor (CBIC)

o Delhi Metro Project has also been realized with Japanese assistance.

♤ Last year has seen the highest ever disbursement of official development assistance from Japan in a financial year 2016-17

♤ The amount of Japan's cumulative investment in India since April 2000 to September 2016 is US$ 23.76 billion, which is nearly 8 per cent of India's overall FDI during this period. Japanese FDI into India has mainly been in automobile, electrical equipment, telecommunications, chemical and pharmaceutical sectors.