+
Mahindra and Sumitomo Sign Pact with Osaka to Boost Japanese Investment
ECONOMY & POLICY

Mahindra and Sumitomo Sign Pact with Osaka to Boost Japanese Investment

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.”

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.”

Next Story
Infrastructure Urban

Companies in GIFT City IFSC Cross 400 Mark

As of July 31, 2025, a total of 409 companies are operating in the Gujarat International Finance Tec City – International Financial Services Centre (GIFT IFSC), Finance Minister Nirmala Sitharaman informed Parliament.In a written reply in the Lok Sabha, she highlighted that the number of firms in GIFT IFSC has grown nearly fivefold in less than five years — from 82 on October 1, 2020, to 409 by July 2025.The centre now hosts a wide range of entities, including those in banking, asset management, and allied services, alongside other financial segments.To support GIFT IFSC’s growth, the go..

Next Story
Infrastructure Urban

GMDA to Prepare Fresh DPR for Naurangpur Sewage Treatment Plant

The Gurugram Metropolitan Development Authority (GMDA) will prepare a fresh detailed project report (DPR) for the proposed 40 million litres per day (MLD) sewage treatment plant (STP) at Naurangpur. The move comes after it was found that a high-tension power line and a 24-metre-wide road pass through the site allocated for the project, requiring a revised plan.According to officials, the original 3.65-acre land parcel transferred from the Municipal Corporation of Manesar (MCM) was reduced to 2.89 acres following the road development. The presence of the power line further divided the land into..

Next Story
Infrastructure Transport

PM Inaugurates Bihar Highway and New Ganga Bridge

Prime Minister Narendra Modi will inaugurate a key highway project on Friday, connecting Aunta (Mokama) and Simaria (Begusarai), featuring a newly built 1.865-km bridge across the Ganga.The project establishes direct road connectivity between Mokama in Patna district and Begusarai. The bridge has been constructed parallel to the old two-lane rail-cum-road Rajendra Setu, which is currently under repair and restricts heavy vehicle movement.The new bridge will allow heavy vehicles to avoid a detour of nearly 100 km while travelling between north Bihar districts such as Begusarai, Supaul, Madhuban..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?