'10x growth potential in 10 years': Ashoka University co-founder Ashish Dhawan on India-Japan ties, FDI | Exclusive

What happened: Ashish Dhawan, Ashoka University co-founder, said India can expand economic engagement with Japan tenfold in a decade, speaking on the university's India-Japan Economic Corridor report. Why it matters: Dhawan said Japan's moves to reduce dependence on China create an opening for India as a manufacturing and sourcing alternative, but he said engagement remains low and the existing labour-migration framework with Japan has not been fulfilled.

Ashish Dhawan, Ashoka University co-founder, said India can expand economic engagement with Japan tenfold in a decade, speaking on the university's India-Japan Economic Corridor report.

Dhawan said Japan's moves to reduce dependence on China create an opening for India as a manufacturing and sourcing alternative, but he said engagement remains low and the existing labour-migration framework with Japan has not been fulfilled.