New Delhi, March 14 -- The next phase of India-Japan economic cooperation will increasingly be driven by collaboration between Japanese mid-sized enterprises (Chuken) and India's dynamic mid-sized manufacturing firms, according to a report by FICCI jointly with Shardul Amarchand Mangaldas & Co (SAM & Co).

The report titled - 'India-Japan Economic Partnership: Partnering for a Secure, Innovative, and Sustainable Future', highlights that these 'Chuken-to-Chuken' partnerships can enable deeper technological exchange, strengthen production capabilities and move the relationship beyond traditional supplier models toward co-creation.

Since many Indian mid-sized companies already serve as tier-1 and tier-2 suppliers to global manufacturers, su...