Japan ramps up funding for green tech

MODI’S ONGOING VISIT TO TOKYO, WILL SEE EFFORTS TO RAMP UP CLEAN ENERGY PRODUCTION AND CUT RELIANCE ON CRUDE OIL

- Zia Haq

A new phase of Indo-Japan cooperation and investments, announced during Prime Minister Narendra Modi's ongoing visit to Tokyo, will see efforts to ramp up clean energy production from agricultural residue, and to cut emissions and reliance on crude oil, according to officials familiar with the development.

Modi and Japanese Prime Minister Shigeru Ishiba on Friday pledged to forge deeper ties at a Tokyo summit, even as the full spectrum of 50% US tariffs on Indian exports took effect this week.