Japan will extend 'special economic partner' status to India during Prime Minister Manmohan Singh's visit to that country next month.
On the day its financial year was ending, Japan on Friday extended the largest ever soft loan package of yen 155,458 million (about Rs 5,910 crore) to India for 2005-2006 fiscal for various projects including the second phase of the Delhi Metro.
Japan plans to invest $2 billion in India over the next three years in order to broaden its economic activity in the country.