India-Japan Trade : A Review

India and Japan have a strong trade partnership, where Japan ranks in top five investors in terms of Foreign Direct Investment (FDI) in India. This investment has injected funds into many developmental projects, helping India in strengthening its infrastructure and resource base. However, after exiting the Regional Comprehensive Economic Partnership (RCEP) in 2018, India had a major trade agreement with Japan and South Korea namely, the Comprehensive Economic Partnership Agreement (CEPA). This paper is an attempt to study the mutual benefit claim in International Economics, taking the case of India and Japan. The paper aims to review the (1) Japanese Investment in India and (2) the Trade Opportunities due to CEPA.