On the first day of CM Yogi’s visit to Japan, UP received investment proposals worth about Rs 11 thousand crore. Many Japanese companies including Kubota signed MoUs in agriculture, automobile, electronics and real estate sectors, which will boost employment and manufacturing.
As soon as he set foot on Japanese soil, Chief Minister Yogi Adityanath’s visit has given a big message on the industrial investment front. Memorandums of Understanding (MoU) worth about Rs 11 thousand crore were signed on the very first day. This is not just a paper agreement, but is considered to be a strong foundation for Uttar Pradesh’s factories, youth jobs and new technology in the coming years.
According to the government, these agreements are related to many important sectors like agricultural machinery manufacturing, industrial machinery, automobile, electronics, water and environmental solutions, industrial printing, hospitality and real estate. Experts believe that this will increase the manufacturing capacity of the state and strengthen technical partnerships with global companies.
Also read: UP Investment Roadshow Tokyo: Under the leadership of Yogi, UP became a global hub of investment, auto companies called it a growth engine.
Agreements signed with which companies?
1. Kubota Corporation
Established in 1890 and headquartered in Osaka, this Japanese multinational company has global recognition in agricultural and industrial machinery. The company is active in tractors, harvesters, engines and construction equipment as well as water and environmental infrastructure solutions. In India, it is strengthening farm mechanization in collaboration with Escorts Kubota Limited. The new agreement is expected to give impetus to agricultural equipment manufacturing and technology transfer in UP.
2. Minda Corporation
A leading automotive component manufacturing company, part of the Spark Minda Group. It has a strong hold in mechatronics, wiring harness, sensors and EV solutions. The proposed investment can strengthen the electric vehicle ecosystem.
3. Japan Aviation Electronics Industry (JAE)
Specialist in manufacturing advanced connectors and electronic interface solutions for the automotive and aerospace sectors. This partnership will promote high-tech auto electronics and advanced component manufacturing.
4. Nagase & Co., Ltd.
Diversified Japanese company operating in chemicals, advanced materials, mobility and electronics. There is a possibility of developing new industrial clusters in UP with technical cooperation.
5. Seiko Advance Ltd.
Known for high-performance screen printing inks and coating solutions, the company produces products used in automotive decals, industrial graphics and electronics panels. Its manufacturing unit is already active in India, which is now likely to be expanded.
6. O&O Group
An agreement has been reached regarding investment in hospitality and real estate sector. This can give new impetus to tourism, hotel industry and urban development projects.
What will change in Uttar Pradesh?
Industrial experts say that such investment can have three major impacts:
- Employment opportunities will increase – With the setting up of manufacturing units, local youth will get technical and non-technical jobs.
- Technology Transfer – Japanese companies are known for their advanced technology and management systems. This will improve the quality of local industries.
- Connection to global supply chain – UP products can become more competitive in the international market.
New direction for India-Japan industrial relations
These agreements signed on the first day are not just investment figures, but also a sign of trust and long-term partnership between India and Japan. The changes that Uttar Pradesh has made in the last few years in infrastructure, expressways and industrial policy are now visible in the form of foreign investment.
This visit of the Chief Minister may bring more industrial agreements in the coming days. If these projects come off the ground, Uttar Pradesh can further strengthen its identity as a major manufacturing hub of the country.
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