Madhya Pradesh will be an Ideal Investment Destination with Japans Cooperation: Chief Minister Dr. Yadav

Chief Minister Dr. Mohan Yadav returned to India on the evening of Saturday, February 1, after completing his four-day visit to Japan (January 28-31). Addressing media representatives in New Delhi, he stated that during his visit, he invited Japanese investors and industrialists to participate in the Global Investors Summit scheduled to be held in Bhopal on February 24-25.

Dr. Yadav mentioned that Japanese companies have shown a deep interest in investing in Madhya Pradesh, and several major companies will take part in the upcoming summit. He held Business-to-Business (B2B) meetings with various Japanese industrialists and investors, as well as Government-to-Government (G2G) discussions with senior officials of the Japanese government, exploring detailed investment opportunities in the state.

Approval for Japan-Madhya Pradesh Industrial Cooperation Forum

A proposal to establish the Japan-Madhya Pradesh Industrial Cooperation Forum has been approved. This initiative will soon lead to the development of a Japanese Industrial Park, Skill Development Centers, and Smart Manufacturing Hubs in Madhya Pradesh. Additionally, a Japan Plus Cell will be set up to ensure continuous engagement and follow-ups with Japanese investors.

Dr. Yadav personally invited Japanese industrialists and investors to participate in Global Investors Summit (GIS-2025) in February, which will create new investment opportunities.

Japan to Be the Country Partner for the Global Investors Summit

The Chief Minister announced that Japan will be the “Country Partner” for the Global Investors Summit this time, further strengthening economic and industrial cooperation between the two nations.

He also highlighted that Japanese companies have expressed their willingness to invest in medical devices, automobiles, manufacturing, electronics, and the textile (ready-made garments) sectors in Madhya Pradesh. Japanese investments will propel the state’s industrial growth to new heights.

With Japan’s support, Madhya Pradesh is progressing towards becoming an “Ideal Investment Destination” and an “Industry-Friendly State.

Favorable Environment for Investment in Madhya Pradesh

Chief Minister Dr. Yadav stated that his government is providing excellent infrastructure, simplified investment policies, and a highly favorable environment for industrial development. He assured Japanese investors that they could invest in Madhya Pradesh without hesitation, as the state government would extend all possible support. This successful visit is expected to attract Japanese investment, creating new employment opportunities and accelerating industrial growth in the state. The Japan visit will prove to be a significant step towards making Madhya Pradesh a hub for investment.

The Global Investors Summit 2025 will be held at the Indira Gandhi National Museum of Mankind in Bhopal, where investors and industrialists from various countries will participate.

Japan: India’s Fifth Largest Investor

Chief Minister Dr. Yadav highlighted that Japan is currently the fifth-largest investor in India, having made Foreign Direct Investments (FDI) of over $38 billion in the past two decades. The bilateral trade between the two nations stands at approximately $20 billion and is continuously growing. Several leading Japanese companies are already successfully operating in Madhya Pradesh.

Bridgestone has established a world-class tire manufacturing plant in Pithampur, significantly contributing to employment generation and exports. Panasonic has also marked its presence in the state. Companies like NSK, Sano, and Komatsu are actively working in Madhya Pradesh, contributing to the automotive and machinery sectors. Exports from Madhya Pradesh to Japan are steadily increasing, reflecting the strengthening trade relations between the two regions.

Historic Meeting with Tokyo Governor Yuriko Koike

Chief Minister Dr. Yadav emphasized that Tokyo is one of the world’s most advanced metropolitan economies, with a Gross Domestic Product (GDP) of approximately $1 trillion. During a meeting with Governor Yuriko Koike, discussions were held on new dimensions of urban development. Madhya Pradesh will benefit from the expertise of the Tokyo Metropolitan Government in areas such as: Metro rail technology for Bhopal and Indore, Smart city solutions, Water and waste management. This collaboration marks an essential step towards adopting Tokyo’s development model in Madhya Pradesh.

High-Level Talks at Japan’s Ministry of Foreign Affairs

Chief Minister Dr. Yadav stated that his meeting with Mr. Hisashi Matsumoto, Parliamentary Vice-Minister of Japan’s Ministry of Foreign Affairs, was highly significant. The ministry plays a key role in Japan’s foreign policy and international trade. Both sides agreed to make special efforts to facilitate Japanese investment in Madhya Pradesh. Key agreements included:

Exchange of business delegations

Participation of Japanese experts in skill development programs.

Establishment of a Japan-Madhya Pradesh Industrial Cooperation Forum

Strategic Dialogue with Japan’s Ministry of Land, Infrastructure, Transport, and Tourism (MLIT)

Dr. Yadav highlighted that MLIT is Japan’s apex body for infrastructure development. His meeting with Minister Yasushi Furukawa resulted in several crucial decisions:

Feasibility study for a high-speed rail corridor in Madhya Pradesh

Adoption of Japanese smart transportation models in logistics and urban mobility

Special cooperation in green infrastructure to promote sustainable development

Discussions on Trade Facilitation with JETRO

The Chief Minister also met with Mr. Susumu Kataoka, Chairman of the Japan External Trade Organization (JETRO). Both parties agreed on a special framework to boost trade and investment. Dr. Yadav formally requested JETRO to set up an office in Madhya Pradesh, which would provide guidance to Japanese companies investing in the state.

Meeting with JICA

In a discussion with Mr. Shohei Hara, Senior Vice President of the Japan International Cooperation Agency (JICA), important development projects were reviewed. Mr. Hara recalled JICA’s contributions to Madhya Pradesh in silk production, healthcare, and power transmission during his tenure in India (1996-99).

New project proposals were put forward in Bhopal-Indore-Ujjain urban transport

Japanese industrial parks,Water conservation

Urban renewal initiatives

Skill development and agricultural technology, Key Corporate Meetings, During his visit, Dr. Yadav held discussions with top global, Japanese companies. These interactions are expected to initiate a new wave of investment in Madhya Pradesh. These partnerships will not only bring Foreign Direct Investment (FDI) but also enhance technological capabilities, skill development, and job creation in the state.

The trust of world-class Japanese companies will serve as a milestone in positioning Madhya Pradesh as a global investment destination.

Key Business Meetings in Japan

Toyota Motor Corporation: Strengthening the Automotive Supply Chain

Chief Minister Dr. Yadav highlighted his discussion with Mr. Toshiyuki Nakahara, Department General Manager, Administration & Support Division, Toyota Motor Corporation. Toyota, a global leader in the automotive industry, expressed keen interest in National Automotive Test Tracks and electric vehicle manufacturing in Madhya Pradesh. An agreement was reached to strengthen the automotive supply chain and establish a Skill Development Center in collaboration with Toyota, which will give a new direction to the state’s automotive sector.

Bridgestone Corporation: Expansion Plans in Madhya Pradesh

In a meeting with Global CEO Mr. Shuichi Ishibashi, several key decisions were made. Bridgestone, one of the world’s largest tire manufacturers, will expand its existing unit in Madhya Pradesh. Plans include setting up a new production line, an R&D center, and a skill development center. This investment will not only create direct employment but also strengthen the entire automotive ecosystem in the state.

Sysmex Corporation: Advancing Medical Technology in Madhya Pradesh

Dr. Yadav met with Sysmex Corporation, a leading Japanese medical technology company, in Kobe. Sysmex, operating in India since 1993, is already active in government civil hospitals in Madhya Pradesh. The company aims to expand its expertise in diagnostics within the state. The Chief Minister invited Sysmex to invest in Ujjain’s Medical Device Park.

Panasonic Energy: Future Strategic Partnership

Dr. Yadav held a high-level discussion with Panasonic Energy’s Executive Vice President regarding the company’s expansion plans in India. He emphasized that Madhya Pradesh offers an exceptional opportunity for Panasonic, with its technological innovation, skilled workforce, and favorable industrial policies. The government aims to provide Panasonic with an ecosystem that not only supports its current investments but also creates new growth opportunities in the future.

Uniqlo: Collaboration in the Textile Sector

During a meeting with Mr. Tadashi Yanai, Chairman of Fast Retailing (Uniqlo), the company expressed strong interest in expanding operations in Madhya Pradesh. Uniqlo plans to integrate cotton farming, nanotechnology, and advanced materials into its textile production. Dr. Yadav presented the state’s “Farm to Foreign” model, highlighting Madhya Pradesh’s position as India’s largest organic cotton producer. The company was offered incentives for contract farming partnerships with agricultural producer groups.

Ebara Corporation: Collaboration in the Pump Industry

Dr. Yadav’s meeting with Mr. Masahiro Serikawa focused on the company’s expertise in industrial pump manufacturing and semiconductor supply. Ebara Corporation explored opportunities in semiconductor manufacturing in Madhya Pradesh.

Nitori Holdings: Expanding in Home Furnishing

During a meeting with Mr. Toshiyuki Shirai, Chairman of Nitori Holdings, the company discussed its India expansion plans. Having launched its first store in Mumbai in December 2024, Nitori expressed interest in expanding to Indore. Dr. Yadav emphasized Madhya Pradesh’s strengths in teakwood production, artisan collaborations, and partnerships with self-help groups.

Yokogawa Electric Corporation: Strategic Expansion in India

In a meeting with Mr. Go Iwata and Mr. Naveen Kumar, discussions focused on Yokogawa’s plans to expand its operations in India. The company, headquartered in Bangalore, provides control systems to major clients such as NTPC, IOC, and Reliance. Yokogawa is considering India as a key manufacturing hub, with a special focus on water project monitoring. The company also plans to participate in Global Investors Summit 2025 (GIS 2025).

A&D Medical Devices: Partnership Opportunities

Dr. Yadav’s meeting with Mr. Daiki Arai highlighted A&D’s long-standing presence in India since 1986. The company currently operates through Gurugram, selling BP monitors, nebulizers, blood sugar monitors, and weight measurement devices. A&D proposed a ¥200 million (₹12 crore) investment in a home-based monitoring system, targeting 20,000 units in the first year. The Madhya Pradesh government introduced A&D to Ujjain Medical Device Park and the state’s supportive policies for the medical sector.

These high-level business meetings in Japan are expected to accelerate investment, create job opportunities, and strengthen industrial growth in Madhya Pradesh, positioning the state as a leading global investment destination.

Strategic Dialogue with Japan Business Federation

Chief Minister Dr. Yadav shared that he had an important meeting with Mr. Yuji Fukazawa, Chairman of East Japan Railway Company and Chairman of the South Asia Committee of the Japan Business Federation. The Japan Business Federation, with 1,500 members, plays a significant role in policy advice and global relations. Discussions focused on India-Japan relations, especially the roles of both countries in the Indo-Pacific region.

Meeting with Technocraft Limited

Dr. Yadav met with Mr. Sharad Sharaf, Chairman of Technocraft Limited and IIT Mumbai & Jammu & Kashmir Chairman. Mr. Sharaf shared plans to establish a scaffolding manufacturing unit near Ujjain, which will help position Madhya Pradesh as a major hub for construction equipment manufacturing. The project is expected to create new job opportunities and provide high-tech training to the state’s skilled youth. Mr. Sharaf also discussed plans to offer advanced technical skill development training at the state’s technical education institutions and the application of Japanese technology.

Tokyo Interactive Session

Dr. Yadav mentioned that the “Celebrating India-Japan Relationship: Focus Madhya Pradesh” roadshow was held at the Indian Embassy in Tokyo, where leading Japanese companies and trade organizations participated. Presentations were made on industrial development, investment policies, and opportunities in pharma, textiles, automotive, and food processing sectors in Madhya Pradesh. Participants expressed keen interest in the state’s infrastructure, skilled workforce, and ease of doing business.

Strategic Dialogue with Japan Business Federation

Chief Minister Dr. Yadav shared that he had an important meeting with Mr. Yuji Fukazawa, Chairman of East Japan Railway Company and Chairman of the South Asia Committee of the Japan Business Federation. The Japan Business Federation, with 1,500 members, plays a significant role in policy advice and global relations. Discussions focused on India-Japan relations, especially the roles of both countries in the Indo-Pacific region.

Meeting with Technocraft Limited

Dr. Yadav met with Mr. Sharad Sharaf, Chairman of Technocraft Limited and IIT Mumbai & Jammu & Kashmir Chairman. Mr. Sharaf shared plans to establish a scaffolding manufacturing unit near Ujjain, which will help position Madhya Pradesh as a major hub for construction equipment manufacturing. The project is expected to create new job opportunities and provide high-tech training to the state’s skilled youth. Mr. Sharaf also discussed plans to offer advanced technical skill development training at the state’s technical education institutions and the application of Japanese technology.

Tokyo Interactive Session

Dr. Yadav mentioned that the “Celebrating India-Japan Relationship: Focus Madhya Pradesh” roadshow was held at the Indian Embassy in Tokyo, where leading Japanese companies and trade organizations participated. Presentations were made on industrial development, investment policies, and opportunities in pharma, textiles, automotive, and food processing sectors in Madhya Pradesh. Participants expressed keen interest in the state’s infrastructure, skilled workforce, and ease of doing business.

Osaka Interactive Session

Chief Minister Dr. Yadav informed that an interactive session was held at the Imperial Hotel, Osaka, during the roadshow, with the special presence of Mr. Hidekisho Sho, the Director-General of JETRO Osaka, and Mr. Chandru Appa, the Consul General of India. The session highlighted the investment opportunities, tourism prospects, and special opportunities in the pharma and medical device sectors in Madhya Pradesh.

Dr. Yadav mentioned that the roadshows held in Tokyo and Osaka appreciated the industrial policies, infrastructure, and ease of doing business in Madhya Pradesh. Detailed discussions took place about projects such as the establishment of Japanese industrial parks, skill development centers, and smart manufacturing hubs.

Diaspora Program in Tokyo

Chief Minister Dr. Yadav shared that a diaspora dialogue was held with the Indian community residing in Japan and friends of Madhya Pradesh at the Imperial Hotel in Tokyo. The Chief Minister urged the Indian diaspora to contribute to the development of Madhya Pradesh and invest in the state. The Japanese industrial community showed great interest in Madhya Pradesh’s development potential during the roadshows in Tokyo and Osaka. He expressed personal joy about the efforts to establish a Japanese industrial park, the incorporation of the Japanese model in skill development, and the active participation of Japanese companies in the Global Investors Summit in February 2025.

Kyoto Visit – Coordinating Heritage Conservation and Development

Dr. Yadav informed that the visit to key historical sites in Kyoto, including the Sanjusangendo Temple, Nijo Castle, and Taji Temple, presented an excellent model of modern management of traditional heritage. Kyoto has balanced its ancient heritage with modern development, which serves as an ideal example for Madhya Pradesh. After this visit, it was decided to adopt Japanese techniques and management practices for the conservation of heritage sites. Specifically, Japanese methods will be used for the management of Mahakal Lok in Ujjain, the Buddhist complex at Sanchi, and the temples of Khajuraho. The focus will be on developing smart tourist facilities, modern display techniques, and eco-friendly infrastructure. Furthermore, tourism will be linked to economic development with the participation of local communities. Kyoto’s experience will play a significant role in the development of the Buddhist Circuit, and Buddhist sites from Sanchi to Devani-Jakhora will be developed as attractive destinations for Japanese tourists. This will not only promote tourism but also strengthen cultural ties between both countries.

Global Investors Summit 2025

Dr. Yadav stated that the Madhya Pradesh Global Investors Summit 2025, scheduled to be held on February 24-25 in Bhopal, is poised to be an unprecedented platform for global investment. Prime Minister Narendra Modi will inaugurate the summit on February 24.

Summit Highlights

The Chief Minister informed that the Global Investors Summit will feature four major departmental conferences (IT, Energy, Tourism, MSMEs), a special diaspora session, sectoral sessions, and a buyer-seller meet. There will also be an exhibition of new technologies along with an auto and textile expo. The unique “One District-One Product” exhibition will showcase the state’s diversity.

State Preparations

The state has conducted extensive outreach programs in preparation for the Global Investors Summit. Successful regional conferences were held in the Gwalior-Chambal, Mahakoshal-Vindhya, and Malwa-Nimar regions, with active participation from local industries, resulting in several important investment proposals.

National and International Programs

Roadshows held in Mumbai, Bengaluru, Hyderabad, Pune, Coimbatore, and Kolkata received positive responses from large companies and startups. At the international level, exhibitions in the UK and Germany attracted global investors’ attention, particularly in the automotive, IT, and pharma sectors, leading to significant partnership opportunities.

Investment Proposals

Dr. Yadav mentioned that seven regional industry conclaves, five national interactive sessions, and three international sessions were held in various countries. As a result of these efforts, Madhya Pradesh has received investment proposals worth ₹4.17 lakh crore, which are expected to generate 4.5 lakh jobs.

Key Attractions and Sessions at GIS

Dr. Yadav outlined the key attractions and sessions at the Global Investors Summit, which will include:

• Main Session: The state’s development journey and opportunities
• Departmental Summits: IT, Energy, Tourism, MSMEs
• Special Session: Pharma and Medical Devices
• Diaspora Madhya Pradesh Conference
• One District-One Product Exhibition

He mentioned that prominent companies from Japan and other countries will actively participate in the summit. During the Japan visit, companies like Toyota, Bridgestone, Yokogawa, Uniqlo, and Panasonic confirmed their participation. The GIS-2025 will not only be a platform for investment but also a new chapter in India-Japan industrial cooperation, with Madhya Pradesh playing a central role. To make Madhya Pradesh a global investment hub, the state has decided to establish a Japan Plus Cell in the Madhya Pradesh Industrial Development Corporation, where a dedicated team will follow up regularly with Japanese investors.

He emphasized that this trip is not just about investment and technical cooperation but also about writing a new development story through the blending of two cultures. This partnership between Madhya Pradesh and Japan will set a new model for India’s development in the future.