New Delhi — India and Japan agreed to deepen cooperation on economic security and reinforce resilient supply chains during the second India‑Japan Economic Security Dialogue held in New Delhi on May 11, 2026.
The talks were co‑chaired by India’s Foreign Secretary Vikram Misri and Japan’s Vice Minister of Foreign Affairs Takehiro Funakoshi, together with Takehiko Matsuo, Vice Minister for International Affairs at Japan’s Ministry of Economy, Trade and Industry. Senior officials from Indian ministries responsible for electronics, telecom, pharmaceuticals, renewable energy, heavy industries and atomic energy took part, alongside counterparts from Japan’s foreign affairs, economy and communications ministries.
The Economic Security Dialogue is the institutional forum created to advance projects under the Economic Security Initiative announced by Prime Minister Narendra Modi and Japanese Prime Minister Shigeru Ishiba at the 15th India‑Japan Annual Summit in Tokyo in August 2025. Delegates focused on strengthening industrial and technology cooperation across five priority areas: critical minerals, semiconductors, information and communications technology (including artificial intelligence and telecom), clean energy, and pharmaceuticals.
Participants exchanged views on national economic security policies and stressed the need for closer public‑private partnerships to protect strategic interests and develop trusted, diversified supply chains amid ongoing geopolitical uncertainty. Both sides welcomed recommendations from the India‑Japan Private Sector Dialogue held on March 26 between the Confederation of Indian Industry and Japan’s Keidanren to remove obstacles to deeper commercial collaboration.
The Economic Security Dialogue was followed by a bilateral Foreign Secretary–Vice Minister meeting in which officials reviewed defence and security ties, trade and investment, technology and innovation cooperation, and people‑to‑people exchanges, while taking stock of regional and global developments. The discussions underscored growing strategic convergence as New Delhi and Tokyo work to diversify critical supply lines and collaborate on emerging technologies under their Special Strategic and Global Partnership.
