Economy
Japanese Firms Expand India Investments Amid China Risks
BBC56m
THE BRIEF
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Japanese companies are aggressively increasing investments in India to diversify supply chains, with $12.5 billion in new deals announced across 120 agreements during a July summit in Delhi.
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Major financial moves include MUFG Bank's $4.4 billion acquisition of a 20% stake in Shriram Finance and Sumitomo Mitsui Banking Corporation securing a 24.22% stake in Yes Bank last year.
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Over 100 Japanese firms now operate Global Capability Centres in India, as businesses shift capital away from China to hedge against geopolitical tensions and supply chain disruptions.