During investment dialogues in the two countries, Memorandums of Understanding (MoUs) worth ₹1.5 lakh crore were signed while fresh investment proposals amounting to ₹2.5 lakh crore were received. Of the total MoUs, Singapore accounted for ₹60,000 crore and Japan for ₹90,000 crore. Investment proposals stood at ₹1 lakh crore from Singapore and ₹1.5 lakh crore from Japan.
In Japan, MoUs were signed with leading companies, including Kubota Corporation, Spark Minda in collaboration with Toyo Denso, Japan Aviation Electronics Industry, and Nagase & Co. Ltd.
Business-to-government meetings saw participation from corporations such as Suzuki Motor Corporation, Honda Cars India Ltd., Konoike Transport Co. Ltd., Mitsui & Co. Ltd., Rapidus Corporation, Marubeni Corporation, Sumitomo Realty & Development Co. Ltd., and MUFG Bank. Key sectors of interest included agricultural machinery, auto OEMs and components, semiconductors, data centres, green hydrogen, compressed biogas, ESDM, logistics and warehousing.
To deepen clean energy collaboration, an announcement was made to establish a Green Hydrogen Centre of Excellence with the University of Yamanashi, Yamanashi Hydrogen Company, Indian Institute of Technology Kanpur, Harcourt Butler Technical University, Indian Institute of Technology BHU, and Madan Mohan Malaviya University of Technology.
The state will also develop a 500-acre “Japan City” in the Yamuna Expressway Industrial Development Authority area to create a dedicated ecosystem for Japanese firms, alongside auto clusters and R&D facilities. The Japan Desk at Invest UP will be strengthened with direct monitoring by the Chief Minister’s Office.
During the visit, the Chief Minister toured the L0-series Maglev train station and inspected facilities at FANUC Corporation, which expressed interest in investing in Uttar Pradesh and supporting MSME technology upgrades.
AloJapan.com