September 23, 2015
For a long time after World War II, India attracted little interest from Japan. New Delhi was on the wrong side of the Cold War in Tokyo’s eyes, and its autarkic economic policies left little space for Japanese trade or investment. In time, Japan became India’s largest aid supplier and continues to lead donors. Over the past eight years, though, the two countries have redefined their economic relationship, which is now based on large-scale Japanese investment in Indian manufacturing. Politically, their nascent strategic relationship rests on shared concern about an expansive China.