India’s East Asian Outreach

incentive scheme for semiconductor manufacturing, Jaishankar said it is part of increasing domestic capabilities. While this is in India's interests, Jaishankar said it is also part of de-risking the world economy.

He said that both countries have seen increasing similarity of views on international forums. He said, “It is important to focus on the Indo-Pacific region.” The reference here was obviously to India’s increasing role in Quad.

Jaishankar, in this regard, highlighted the Fusion Centre, hosted by India and built as a result of a number of White Shipping agreements with different partners with a common operative picture across the entire Indian Ocean. a sensitive time as Russia holds a major multinational military exercise in its far east, with China and India part

Stating that the world is now more volatile, uncertain, unpredictable, and open-ended, Jaishankar said that it is a “prospect that India and Japan have to confront, both from the national perspectives as well as from the point of view of their own relationship”.

Hamada, who held defence talks with Indian MoD Rajnath Singh on March 7, said that bilateral and multinational joint exercises and other defence cooperation have expanded in recent years and will be raised to ‘new highs’. He said their first joint fighter jet training is being planned.

Japan hopes to expand military equipment transfers to back up its feeble defence industry as the country tries to bolster its military capability and spending as deterrence against growing threats from China, Russia and North Korea.