Kyoto, Aug. 21 -- Japan is considering announcing a 10 trillion yen (USD 68 billion) decade-long private investment target for India when Prime Minister Narendra Modi visits later this month, Japan Wire of Kyodo News reported, citing government sources on Thursday.

The news platform stated that the new target--an update of a five-year 5 trillion yen investment goal rolled out in 2022--is intended to further spur investment at a time when the two countries are working closely to promote a "free and open Indo-Pacific" in the face of an assertive China.

The Japanese government may mention the target in an outcome document to be issued following summit talks between Japanese Prime Minister Shigeru Ishiba and Modi, the Japanese government so...