Japanese investment to boost AI data centres in India's tier‑2 cities

As part of the dialogue, JBIC’s stake in the National Industrial Corridor Development Corporation was examined. Amakawa stressed that Japanese firms are increasingly interested in semiconductor opportunities and stressed the potential for AI, data‑centre projects and related infrastructure in places like Dholera. Sitharaman urged Japanese investors to consider Tier‑2 and Tier‑3 cities such as Visakhapatnam for data‑centre locations to promote balanced urban development.