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πŸ“° News ⏱ 2 min
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Key Points

5 points
1

Meetings were held in Tokyo, Nagoya and Osaka with many business leaders.

2

The focus was on chips, artificial intelligence, and clean energy projects.

3

Japan External Trade Organization and Japan Bank for International Cooperation will help the plans.

4

India hopes to become a strong maker of chips by using its young talent and Japan's expertise.

5

The goal is to attract about ten trillion Japanese yen of investment over the next ten years.

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Summary

Both countries want to create more chips, the tiny parts that make phones and computers work.

They also talked about using clean power and building factories that need steady electricity.

Japanese companies may invest many Japanese yen and United States dollars in Indian projects.

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New Words to Learn

21 words
semiconductor
tiny piece that lets electronic devices work
artificial intelligence
computer programs that can think and learn like people
investment
spending money now to earn more later
infrastructure
big systems like roads, power lines and water that support businesses
manufacturing
making products in factories
renewable energy
energy from sources that never run out, like sun or wind
economic partnership
countries helping each other grow their money and jobs
supply chain
the process of moving a product from raw material to the customer
chip design
planning how a semiconductor will work
fabrication
building the semiconductor in a special plant
talent development
training people to have useful skills
institutional investors
large groups such as banks that put money into big projects
micro, small and medium enterprises
small and medium sized businesses
global
worldwide, involving many countries
strategic
planned carefully to get the best result
Japanese yen
the money used in Japan
United States dollars
the money used in the United States
Japan External Trade Organization
a group that helps Japanese companies trade with other countries
Japan Bank for International Cooperation
a bank that lends money for big projects abroad
Japan International Cooperation Agency
an agency that helps Japan work with other nations
Japan Business Federation
a large group that represents many Japanese companies
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