CM

Yogi's Japan visit received mega investment proposals, Japanese companies

expressed interest in investing in UP

Participation

of global companies in agricultural and industrial machinery sector, promotion

of automotive electronics and advanced component manufacturing

Expansion

into hospitality, real estate and industrial printing sectors

Lucknow,

25 Feb (HS): Significant progress was made on the first day of Chief Minister

Yogi Adityanath's visit to Japan, along with Finance Minister Suresh Khanna,

and Industrial Development Minister Nand Gopal Gupta Nandi. Memorandums of

Understanding worth approximately Rs 11,000 crore were signed with various

Japanese companies. The companies with whom agreements were signed include

Kubota Corporation, Minda Corporation, Japan Aviation Electronics Industry,

Nagase & Co. Ltd., Seiko Advance, O&O Group, Fuji Japanese JV, and

FujiSilvertech Concrete Pvt. Ltd.

These

agreements cover diverse sectors such as agricultural machinery manufacturing,

industrial machinery manufacturing, water and environmental infrastructure

solutions, automobiles, electronics, industrial printing and graphics,

hospitality, and real estate. They are expected to expand manufacturing

capacity and provide new impetus to industrial cooperation.

Kubota

Corporation, founded in 1890 and headquartered in Osaka, is a leading Japanese

multinational company with a global presence in the manufacturing of

agricultural and industrial machinery. The company specializes in tractors,

harvesters, engines, and construction equipment, as well as water and

environmental infrastructure solutions such as pipes, pumps, and treatment

systems. Through its collaboration with Escorts Kubota Limited, the company is

expanding its manufacturing footprint in India and strengthening its presence

in the farm mechanization sector.

Minda

Corporation, part of the Spark Minda Group, is a leading Indian automotive

component manufacturing company. It provides mechatronics, wiring harnesses,

plastic interiors, sensors, and EV solutions. Japan Aviation Electronics

Industry, known as JAE, specializes in advanced connectors and electronic

interface solutions for the automotive and aerospace sectors. Nagase & Co.,

Ltd. is a diversified Japanese trading and technology company active in

chemicals, advanced materials, mobility solutions, and electronics. The

collaboration between these companies will promote automotive electronics and

advanced component manufacturing.

Seiko

Advanced is a Japanese company known for its high-performance screen printing

inks and coating solutions. Its products are used in automotive decals,

industrial graphics, electronics panels, glass printing, and consumer

appliances. The company supplies to various industrial sectors through its

manufacturing facility in India. Additionally, O&O signed agreements to

invest in the hospitality and real estate sectors. These agreements signed on

the first day are considered a step toward furthering industrial cooperation

between India and Japan.

Hindusthan Samachar / Abhishek Awasthi