India is considered the second most densely populated nation across the globe and its largest democracy, offering the impeccable synergy of a huge, rapidly thriving economy with transparent and democratic social values. India and Japan have had a robust cultural and economic agreement for many years, of which trade was always a significant pillar. The country that has benefited from Japan's Official Development Assistance (ODA) program the most is India and have played a crucial role in progressing India's physical systems of a business through grants and loans.
Over the last decade, India has been one of the world's fastest-growing economies, with decent growth rates of approximately 7 percent. Japan remains an economic house and the third biggest economy globally.
Honda Motor Company is a major player that has contributed a lot to India's two-wheeler market and has taken advantage of the popularity of scooters and motorcycles in India, providing a different range of vehicles to ever-changing consumer preferences.