Hitachi's Success Story: A Testament to India-Japan Comradeship

India and Japan have a long history of association. In recent years, the economic relationship between Japan and India have steadily expanded and deepened. A testament to the growing synergies, Japan’s commitment to invest in India’s infrastructural modernization, and the Ease of Doing Business in India is none other than the rich legacy of Hitachi in India, an integral partner in India’s growth story for nine decades.

Indo-Japan Connection: Fascinating Insights

Economic Relationship

On June 9, 1952, Japan and India signed a peace treaty and established diplomatic relations. This treaty was one of the first peace treaties Japan signed after World War II.¹

Iron Ore Assistance

India played a crucial role in Japan’s recovery from the devastation of World War II. India’s iron ore exports greatly aided Japan’s post-war reconstruction efforts.

Pioneering Yen Loans

Following Japanese Prime Minister’s visit to India in 1957, Japan began providing yen loans to India in 1958. This marked the first yen loan aid extended by the Japanese government.

A Legacy of Cooperation

Since the early years of their diplomatic ties, Japan and India have enjoyed cordial relations, laying the foundation for a fruitful partnership that continues to flourish to this day.