Mahindra and Sumitomo Sign Pact with Osaka to Boost Japanese Investment

21 Jul 2025 CW Team

This tripartite agreement reinforces Mahindra’s commitment to attracting global investments into India’s manufacturing sector and further positions Tamil Nadu as a preferred destination for Japanese industry. Sumitomo Corporation, which holds a 40 per cent stake in MIPCL, will act as the marketing partner in Japan.

As part of the agreement, MIPCL and Sumitomo will work closely with public institutions in Japan and India to facilitate site visits, provide local consultation, and participate in business seminars hosted in Osaka. The Osaka authorities will identify and recommend companies interested in entering India and assist in navigating necessary permissions for a smooth market entry.

India continues to emerge as a strong manufacturing hub with the World Bank projecting a GDP growth of 6.3 per cent for FY2025. With growing demand for reliable global supply chain partners, Chennai has gained prominence owing to its strong port infrastructure, proximity to Southeast Asia, and concentration of industries such as automotive, electronics, and semiconductors.

Origins by Mahindra, Chennai is already home to six Japanese companies and offers ready infrastructure and a stable regulatory environment. The latest collaboration will enhance support for Japanese firms exploring India as an investment destination.

MIPCL, backed by Mahindra Lifespace Developers, will assist Japanese companies with regulatory processes, land acquisition, utilities, and operational scaling to ensure seamless integration into the Indian market.

Amit Kumar Sinha, Managing Director & CEO, Mahindra Lifespace Developers, said, “This partnership reflects our vision to build future-ready ecosystems that align with India’s manufacturing ambitions. This also underscores our focus on setting new benchmarks through successful Public-Private Partnerships, enabling long-term, sustainable industrial progress.”

Vikram Goel, Chief Business Officer (Industrial), Mahindra Lifespace Developers, added, “This engagement with Osaka Prefecture marks a milestone in our efforts to enable global investments into India through our industrial ecosystems. Origins by Mahindra, Chennai has been developed to meet the needs of international manufacturers, offering operational readiness, regulatory support, and integrated infrastructure.”

Mahindra Industrial Park Chennai (MIPCL), the developer and operator of Origins by Mahindra, and its strategic partner Sumitomo Corporation have signed a strategic cooperation agreement with the Osaka Prefecture and the Osaka Industrial Development Bureau. The collaboration aims to support Japanese companies—particularly those based in Osaka—in expanding their footprint in India.This tripartite agreement reinforces Mahindra’s commitment to attracting global investments into India’s manufacturing sector and further positions Tamil Nadu as a preferred destination for Japanese industry. Sumitomo Corporation, which holds a 40 per cent stake in MIPCL, will act as the marketing partner in Japan.As part of the agreement, MIPCL and Sumitomo will work closely with public institutions in Japan and India to facilitate site visits, provide local consultation, and participate in business seminars hosted in Osaka. The Osaka authorities will identify and recommend companies interested in entering India and assist in navigating necessary permissions for a smooth market entry.India continues to emerge as a strong manufacturing hub with the World Bank projecting a GDP growth of 6.3 per cent for FY2025. With growing demand for reliable global supply chain partners, Chennai has gained prominence owing to its strong port infrastructure, proximity to Southeast Asia, and concentration of industries such as automotive, electronics, and semiconductors.Origins by Mahindra, Chennai is already home to six Japanese companies and offers ready infrastructure and a stable regulatory environment. The latest collaboration will enhance support for Japanese firms exploring India as an investment destination.MIPCL, backed by Mahindra Lifespace Developers, will assist Japanese companies with regulatory processes, land acquisition, utilities, and operational scaling to ensure seamless integration into the Indian market.Amit Kumar Sinha, Managing Director & CEO, Mahindra Lifespace Developers, said, “This partnership reflects our vision to build future-ready ecosystems that align with India’s manufacturing ambitions. This also underscores our focus on setting new benchmarks through successful Public-Private Partnerships, enabling long-term, sustainable industrial progress.”Vikram Goel, Chief Business Officer (Industrial), Mahindra Lifespace Developers, added, “This engagement with Osaka Prefecture marks a milestone in our efforts to enable global investments into India through our industrial ecosystems. Origins by Mahindra, Chennai has been developed to meet the needs of international manufacturers, offering operational readiness, regulatory support, and integrated infrastructure.”

Infrastructure Energy

19 Sep 2025

J&K CM Rules Out Power Privatisation, Focuses on Sector Reform

Jammu and Kashmir Chief Minister Omar Abdullah has dismissed speculation regarding privatisation of electricity in the Union Territory, emphasising that his priority is to strengthen and reform the power sector.“We are not discussing privatisation. By reducing losses, improving billing efficiency, and enhancing revenue, there will be no need for it. My vision is to strengthen and reform the power sector in J&K,” Abdullah stated.He addressed the gathering at the 58th Engineers’ Day at SKICC on Monday evening, an event honouring Bharat Ratna Sir M Visvesvaraya for his pioneering contri..

Infrastructure Urban

19 Sep 2025

Mumbai’s Sassoon Dock to Get Tech-Driven Modernisation with Finland

The Maharashtra government, in collaboration with Finland, will modernise Mumbai’s historic Sassoon Dock using advanced technology, state minister Nitesh Rane announced on Wednesday.Rane met a delegation of Finnish officials and representatives of Finnish companies at the dock to discuss strategic plans for upgrading the facility in south Mumbai, according to an official statement.Built in the 19th century, Sassoon Dock is one of Mumbai’s oldest and busiest fishing harbours. Operations currently exceed its original capacity, raising concerns over hygiene, odour, fish handling standards, an..

Infrastructure Energy

19 Sep 2025

Agarwal Industrial Wins Rs 3.3 Billion IOCL Bitumen Tender

Agarwal Industrial Corporation rose 3.84 per cent to Rs 945.65 after announcing it had secured a prestigious tender from Indian Oil Corporation (IOCL) worth Rs 3.3 billion.In a regulatory filing during market hours, the company confirmed it had won the tender to supply Bulk Bitumen (VG-30 and VG-40 grades) to IOCL’s Kakinada locations.The firm quantity under the award totals around 60,500 tonnes across 11 parcels, while the optional quantity is approximately 33,000 tonnes across six parcels. This brings the total awarded quantity to roughly 93,500 tonnes. At current market prices, the firm o..