India-Japan Trade Relations: Aiming for Strategic Growth with 10 Trillion Yen Investment
Yogi Adityanath said Uttar Pradesh offers strong infrastructure and industrial potential as Japan targets 10 trillion yen in India investment over a decade.
- On Tuesday, Commerce and Industry Minister Piyush Goyal announced he will travel to Japan from August 24 for a four-day visit to strengthen bilateral trade and investment ties.
- Japan remains India's 5th-largest source of foreign direct investment, with over 1,400 Japanese companies like Suzuki, Toyota, Honda, Sony, Hitachi, and Mitsubishi operating across the country.
- Uttar Pradesh Chief Minister Yogi Adityanath invited Japanese investment at the UP-Japan Investment Meet 2026, citing Prime Minister Narendra Modi's 'Sapta Dhara' vision as key to bilateral cooperation.
- The state contributes approximately 21 per cent to India's total food grain production while possessing 60% of the country's total expressways and 17 airports, supporting industrial growth.
- Japan has set an investment target of 10 trillion yen over the next decade, with 11 industrial townships already established across eight states as the Chief Minister urged companies to make the region their 'second industrial home.
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Piyush Goyal, Yogi Adityanath meet Japanese delegation as Uttar Pradesh aims for trillion-dollar economy
Union Commerce Minister Piyush Goyal and UP Chief Minister Yogi Adityanath engage a high-level Japanese delegation to boost investment in manufacturing, green energy, semiconductors, and technology partnerships in Uttar Pradesh.
Piyush Goyal to visit Japan from Aug 24-27 to discuss trade, investments
Japan is today India's 5th-largest source of FDI, with over 1,400 Japanese companies that are household names, from Suzuki, Toyota and Honda in mobility, Sony in electronics, and Hitachi and Mitsubishi in engineering
Consensus is forming between two countries and their respective states: MEA on UP-Japan investment meet 2026 - The Tribune
Highlighting the strategy of fostering direct ties between Indian states and Japanese prefectures, Jaiswal noted that building relationships at the state level accelerated the implementation of economic and manufacturing agendas. He underscored the efforts made during Japanese Prime Minister Sanae Takaichi's recent visit to New Delhi in that direction.
"Consensus is forming between two countries and their respective states": MEA on UP-Japan investment meet 2026
Highlighting the strategy of fostering direct ties between Indian states and Japanese prefectures, Jaiswal noted that building relationships at the state level accelerated the implementation of economic and manufacturing agendas. He underscored the efforts made during Japanese Prime Minister Sanae Takaichi's recent visit to New Delhi in that direction.
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