Rs 11,000 Cr MoUs signed on Yogi's Japan Visit Day 1
- ₹11,000 crore MoUs signed with Japanese companies in sectors like agriculture, automobiles, and real estate during CM Yogi Adityanath’s Japan visit
- Key firms include Kubota, Minda, JAE, Nagase, and Seiko Advance, aiming to boost manufacturing and industrial collaboration
- Agreements are expected to enhance India-Japan industrial ties in automotive electronics and infrastructure
Recently, Uttar Pradesh Chief Minister Yogi Adityanath started his visit to Japan by signing memoranda of understanding (MoUs), which awarded approximately ₹11,000 crore to major Japanese corporations.
During Yogi Adityanath Japan visit, Uttar Pradesh signed Uttar Pradesh Japan MoUs worth ₹11000 crore investment UP with leading Japanese firms investment India, strengthening UP foreign investment Japan and India Japan business ties.
These agreements highlight Uttar Pradesh global partnerships, with Yogi Japan investment deals promoting Indo Japan economic cooperation as multiple Japan companies invest in UP.
The official statement states that the agreements include essential companies such as Kubota Corporation, Minda Corporation, Japan Aviation Electronics Industry, Nagase & Co., Seiko Advance, O&O Group, Fuji Japanese JV and Fujisilvertech Concrete Pvt Ltd.
The signed MoUs cover multiple industry sectors which include agricultural equipment manufacturing, industrial machinery production, water and environmental infrastructure development, automobile manufacturing, electronics production, industrial printing, graphics creation, hospitality and real estate development.
Also Read: UP Signs Rs 6,650 Crore MoUs on Yogi's Singapore Visit
The partnerships will create major manufacturing capacity improvements which will boost industrial ties between India and Japan.
Kubota Corporation, which started its operations in 1890, currently operates its main office in Osaka while proving its proficiency in producing agricultural and industrial equipment.
Minda Corporation, which belongs to the Spark Minda Group, serves as a primary force in the automotive components industry by providing mechatronics, wiring harnesses, sensors and electric vehicle solutions. Japan Aviation Electronics Industry (JAE) provides leading solutions for automotive and aerospace needs through its connector and electronic interface technology.
Nagase & Co., Ltd. operates as a Japanese technology and trading company while developing chemical products, advanced materials and transportation solutions. Seiko Advance, which produces advanced screen printing inks, operates a manufacturing facility in India.
O&O Group has made a financial commitment to develop India's hotel and property markets. The agreements will lead to increased development of industrial partnerships between the two countries.
