Japan Inc cautious on India despite premiers' love-in

TOKYO: Even as the friendship between Shinzo Abe and Narendra Modi blossomed during the new Indian leader's first foreign trip, Japan Inc refused to get misty-eyed, wary of the pitfalls of doing business on the sub-continent.

A five-day tour that began with a bear hug and a day of sightseeing in the ancient Japanese capital of Kyoto worked itself up through a crescendo of mutual compliments that culminated in Tokyo's pledge to spend $34 billion in India over the next five years.