Mahindra, Sumitomo Tie Up with Osaka Govt to Aid Japanese Investment in India
ECONOMY & POLICY

Mahindra, Sumitomo Tie Up with Osaka Govt to Aid Japanese Investment in India

Mahindra Industrial Park Chennai (MIPCL) and Sumitomo Corporation have signed a strategic cooperation agreement with the Osaka Prefecture and the Osaka Industrial Development Bureau to support Osaka-based companies entering India. The partnership is aimed at streamlining the entry of Japanese manufacturers and reinforcing Tamil Nadu’s position as a preferred industrial destination. 

As part of the collaboration, MIPCL and Sumitomo will facilitate business visits, consultations, and seminars in Osaka. In return, Osaka authorities will identify and recommend companies seeking to expand into India. 

The Origins by Mahindra industrial cluster in Chennai currently houses six Japanese clients and offers world-class infrastructure and a stable policy framework. Backed by Mahindra Lifespaces, MIPCL will help Japanese firms with regulatory navigation, land access, and operations. 

Amit Kumar Sinha, MD & CEO, Mahindra Lifespace Developers, said the partnership aligns with India’s manufacturing ambitions and showcases effective PPP models. Vikram Goel, CBO (Industrial), added that this marks a key milestone in attracting global investments via integrated ecosystems. 

Mahindra Industrial Park Chennai (MIPCL) and Sumitomo Corporation have signed a strategic cooperation agreement with the Osaka Prefecture and the Osaka Industrial Development Bureau to support Osaka-based companies entering India. The partnership is aimed at streamlining the entry of Japanese manufacturers and reinforcing Tamil Nadu’s position as a preferred industrial destination. As part of the collaboration, MIPCL and Sumitomo will facilitate business visits, consultations, and seminars in Osaka. In return, Osaka authorities will identify and recommend companies seeking to expand into India. The Origins by Mahindra industrial cluster in Chennai currently houses six Japanese clients and offers world-class infrastructure and a stable policy framework. Backed by Mahindra Lifespaces, MIPCL will help Japanese firms with regulatory navigation, land access, and operations. Amit Kumar Sinha, MD & CEO, Mahindra Lifespace Developers, said the partnership aligns with India’s manufacturing ambitions and showcases effective PPP models. Vikram Goel, CBO (Industrial), added that this marks a key milestone in attracting global investments via integrated ecosystems. 

Next Story
Infrastructure Urban

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Next Story
Infrastructure Energy

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Next Story
Infrastructure Urban

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement