Mahindra Industrial Park Chennai (MIPCL), along with its Japanese stakeholder Sumitomo Corporation, has signed a strategic cooperation agreement with the Osaka Prefecture and Osaka Industrial Development Bureau to support Osaka-based businesses entering India.

The partnership aims to streamline entry for Japanese manufacturers, providing support such as business visits, regulatory guidance, and market insights. MIPCL and Sumitomo will act as local facilitators, while Osaka authorities will identify and recommend companies for expansion.

With India’s projected GDP growth of 6.3 per cent in FY25, the country continues to attract global manufacturers. Chennai, in particular, offers strong port connectivity and an emerging hub for sectors such as automotive, electronics, and semiconductors.

The agreement builds on existing Japanese presence at the Origins by Mahindra industrial park and underscores Tamil Nadu’s appeal as a manufacturing destination.