New Delhi, July 2 -- Prime Minister Narendra Modi and Japan's Prime Minister, Sanae Takaichi, are set to virtually inaugurate Maruti Suzuki India's new manufacturing complex in Kharkhoda, Haryana, on Thursday, underscoring the increasing economic ties between the two countries.

The two prime ministers will also address the Joint Economic Forum being held here, after the inauguration. A large delegation of business leaders from Japan are part of Takaichi's deleation and will partcipate in the function along with Indian CEOs.

The automobile facility, Maruti Suzuki's fourth manufacturing plant in India, represents a planned investment of Rs 35,000 crore and is expected to become one of the country's largest automobile production hubs. Once f...