An India-Japan corridor proposal looks beyond today’s trade shares
現在の貿易比率の先を見据える印日経済回廊の提案時事・経済
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Prachi Mishra of Ashoka University recommends an economic corridor between India and Japan, covering semiconductors, rare earths, manufacturing technology transfer and skilled labour mobility. The university created an India-Japan Economic Corridor report connected with the Iron Pillar Initiative in Global Learning. Her proposal brings several areas of cooperation together under a single corridor concept.
Mishra says Japan accounted for more than 10% of both Indian exports and imports in the 1980s. In 2026, she puts each share between 1% and 2%. Looking in the other direction, India accounts for less than 1% of Japanese imports, according to her figures. The comparisons show how limited the current trading shares are beside the earlier Indian figures.
Investment is another part of Mishra’s argument for closer economic ties. She puts India’s share of Japanese outward foreign direct investment at approximately 4%. She also describes Japan’s Government Pension Investment Fund as having $2 trillion in investments, with less than 1% allocated to India. Her corridor proposal extends beyond these financial links to manufacturing technology transfer and the movement of skilled labour.