+
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
Real Estate

MoHUA Sanctions 1.47 Lakh Additional Houses Under PMAY-U 2.0

In a major push towards the Government’s Housing for All mission, the Ministry of Housing and Urban Affairs (MoHUA) has approved 1,46,582 additional pucca houses under Pradhan Mantri Awas Yojana – Urban 2.0 (PMAY-U 2.0) for 14 States/UTs, bringing total sanctions under the revamped scheme to 8.56 lakh.The decision came during the fourth meeting of the Central Sanctioning and Monitoring Committee (CSMC), chaired by Srinivas Katikithala, Secretary, MoHUA, at the Ministry’s Kasturba Gandhi Marg office. Senior officials, State Principal Secretaries, and PMAY-U Mission Directors participated ..

Next Story
Real Estate

Piyush Goyal Inaugurates Expanded ISA Building at Intellectual Property Office

Union Minister of Commerce and Industry, Piyush Goyal, today inaugurated the newly expanded International Searching Authority (ISA) building at the Intellectual Property Office (IPO) in Dwarka, New Delhi, marking a major step forward in India’s intellectual property ecosystem.Addressing the gathering, Goyal highlighted that innovation has been central to India’s heritage for centuries, citing the engineering brilliance of the Konark Temple as a historic example. He emphasised that innovation is not just intellectual property but a symbol of sovereignty, and a key driver in India’s journe..

Next Story
Real Estate

SIEGER Boosts Automation in Mumbai Realty

SIEGER, a leading automation solutions provider, is expanding its advanced manufacturing capabilities to meet the surging demand for precision, high-speed automation in Mumbai’s rapidly growing real estate sector.Operating from a 21,000 m² advanced production hub in Coimbatore—part of a 40,000 m² integrated campus—SIEGER offers complete solutions from design and prototyping to manufacturing and deployment. The fully digitalised facility features CNC machining, QR-coded component tracking, conveyorized powder coating, and a Government of India–certified R&D centre, ensuring unmatc..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?