Gujarat Deputy CM Holds Investment Talks with Japanese Firms

Gujarat Deputy CM Harsh Sanghavi met Japanese companies and officials to explore investment opportunities in steel, chemicals, textiles, green energy and technology ahead of the Vibrant Gujarat Global Summit 2027.

Gujarat Deputy Chief Minister Harsh Sanghavi has held a series of meetings with Japanese companies and industry representatives in Tokyo to attract foreign investment ahead of the Vibrant Gujarat Global Summit 2027, scheduled for January 10-12 in Gandhinagar. The discussions focused on expanding industrial partnerships and exploring investment opportunities across manufacturing, chemicals, life sciences, renewable energy and advanced technologies.

During the visit, Sanghavi met representatives of major Japanese companies, including Nippon Steel, Kaneka Corporation, Itochu Corporation and Ultrafabrics Holdings. Discussions with Nippon Steel Chairman Eiji Hashimoto and his team explored the possibility of bringing the company’s investment in precision steel manufacturing to Gujarat.

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The delegation also discussed potential investment opportunities in synthetic leather and related industries with Ultrafabrics Holdings. Talks with Kaneka Corporation President Isao Otsu focused on strengthening cooperation in chemicals and life sciences, while meetings with Itochu Corporation explored collaboration in green energy and global trade. Discussions with Hireso covered cloud computing and the development of Global Capability Centres (GCCs).

As part of the investment outreach, Sanghavi travelled to Shizuoka to meet Governor Yasutomo Suzuki. Their discussions focused on strengthening ties between Gujarat and Shizuoka, with potential areas of cooperation including industrial development, advanced technologies and joint business opportunities. Sanghavi also invited the governor to attend the upcoming Vibrant Gujarat Global Summit.

The visit included engagement with Japan’s textile industry, with a roundtable in Tokyo bringing together representatives from more than 35 textile companies. The discussions examined Gujarat’s textile ecosystem, investment prospects and opportunities for deeper industry partnerships. Sanghavi also held discussions with Yazaki on potential industrial collaboration and business expansion.

The outreach forms part of Gujarat’s broader efforts to strengthen international economic partnerships and position the state as a destination for global investment. The Vibrant Gujarat Global Summit serves as a platform for businesses, investors and government representatives to explore trade, technology and industrial collaboration.

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Through its engagement with Japanese companies and regional authorities, Gujarat aims to attract fresh investment and build long-term partnerships across established and emerging sectors. The meetings identified potential areas for cooperation, although the reports did not announce specific investment commitments resulting from the discussions.