India's rise past Japan is a wake-up call for both nations

Modi must create jobs to match economic scale, Takaichi has to boost competitiveness Japanese Prime Minister Sanae Takaichi, left, is received by her Indian counterpart Narendra Modi at a ceremonial reception at the Rashtrapati Bhavan presidential palace in New Delhi on July 2. © Reuters William Pesek is an award-winning Tokyo-based journalist and author of "Japanization: What the World Can Learn from Japan's Lost Decades."