These tendencies are perhaps reflective of a penchant for innovation  5/7  among growing entrepreneurial class in India, imbued with professionalism and seeking to be globally competitive. Evolving Indo-Japanese economic relations From global and our perspective, Japan, as a leading industrial economy, has made substantial contributions to the growth of world trade over the years.
Japan has also played a key role in the integration of developing countries, especially emerging Asia, with the world economy in terms of trade and investment. The developing economies have been the major destinations and source of Japan's exports and imports, accounting for 58 per cent and 65.5 per cent of Japan's total exports and imports, respectively, in 2004.