India-Japan trade ‘minuscule’: Expert flags opportunities in rare earths, technology | Exclusive

What happened: Prachi Mishra of Ashoka University told LiveMint that India-Japan trade remains small despite strategic cooperation, and flagged untapped potential in semiconductors, rare earths, institutional investment and skilled labour, on the release of the India-Japan Economic Corridor report. Key numbers: Japan's Why it matters: Mishra said closer cooperation could help both countries diversify supply chains and build resilience, and that most Japanese investment sits outside manufacturing, where technology transfer and productivity gains can occur. She said execution is now the task.

Prachi Mishra of Ashoka University told LiveMint that India-Japan trade remains small despite strategic cooperation, and flagged untapped potential in semiconductors, rare earths, institutional investment and skilled labour, on the release of the India-Japan Economic Corridor report.

Mishra said closer cooperation could help both countries diversify supply chains and build resilience, and that most Japanese investment sits outside manufacturing, where technology transfer and productivity gains can occur. She said execution is now the task.