New Delhi: India and Japan will work more closely on critical minerals to boost “resilience” in their supply chains, Prime Minister Narendra Modi said on Thursday, as the two huge Asian economies look to cut dependence on top exporter China.
Both India and Japan depend on imports for many such minerals, used in everything from electric vehicles, solar panels and smartphones to jet engines and guided missiles.
They have been seeking new suppliers, including the United States and other countries, as China’s dominance may leave them vulnerable to changes in their ties with Beijing.
“We have agreed to strengthen supply chain resilience in strategic sectors such as semiconductors, quantum technologies, and critical minerals,” India’s Modi said after talks with his Japanese counterpart Sanae Takaichi in New Delhi.
Japan and India are members of the Quad security alliance along with the United States and Australia, a group seen as a counterweight to China’s expanding presence in the Indian Ocean and wider Asia-Pacific region. — AFP
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