India seeks Japanese investment, gets credit upgrade

On September 2, 2026, India is actively courting Japanese investment, seeking 10 trillion yen, while Japanese companies remain hesitant. In a related development, the Japanese credit rating agency JCR upgraded India's sovereign rating to A-, a move welcomed by India's Finance Ministry. This upgrade could help boost investor confidence, potentially addressing some of the hesitations Japanese firms have. The headlines also note India's record $127 billion in forex deposits from its diaspora, indicating strong financial inflows. Overall, the main story centers on India's efforts to attract Japanese capital and the positive credit rating signal that may support these efforts.