UP Govt signs MoUs with South Korea and Japan for INR 183.50 billion

16 Jan 2023 CW Team

According to officials the government of Uttar Pradesh and these businesses recently signed a Memorandum of Understanding (MoU). In the state's new textile and apparel industries, waste management, and manufacturing sectors, around 16700 youth will find work. On the direction of Chief Minister Yogi Adityanath, a delegation from the government of Uttar Pradesh last month travelled to Japan and South Korea to extend invites for the Global Inventors Summit. The delegation was led by Tourism Minister Jaiveer Singh.

The team attended 22 meetings with business and government representatives and received nine investment offers totalling INR 254.56 billion, which are expected to result in the creation of 17,000 employment. Four of these plans have had MoUs for a combined INR 183.50 billion signed on them. Team Yogi met with Samsung Electronics, Coupang, and the Korea Overseas Infrastructure and Urban Development Corporation (KIND) in South Korea. B2G talks with NTT Global, Seiko Advance Ltd., Mitsui & Co., and Chubu Electric Power were held in Japan.

One World Corporation, Mitsui & Co. Global Logistics, Japan India Industry Promotion Association, Nissenken Quality Evaluation Center Tokyo Laboratory, and other significant investors held fruitful discussions with Team Yogi considering investment. The textile and apparel sectors in UP will get investments from the Japan India Industry Promotion Association and the Nissenken Quality Evaluation Center Tokyo Laboratory of INR 25 and INR 100 billion respectively. As a result, 5,000 and 10,000 new jobs will be created in UP, respectively.

Infrastructure Urban

26 Jun 2026

PRS International marks 18 years of global advisory work

PRS International Group of Companies recently said it has strengthened its position as a sovereign-grade multinational advisory organisation, marking nearly 18 years of operations across strategic communications, institutional advisory and international cooperation. The Group, with headquarters in Washington, D.C. and New Delhi, said its work spans more than 190 countries and supports governments, multilateral institutions, investors, corporations and private clients. The organisation said its services cover government advisory, crisis management, trade and investment facilitation, nation bra..

dormakaba showcases access solutions at iDAC Chandigarh

dormakaba recently participated in iDAC Chandigarh 2026 at JW Marriott, engaging with architects, interior designers, developers, hospitality professionals and industry experts. The access solutions brand showcased a range of security and architectural products, including Mechanical Key Systems, Digital Cylinder, C Lever, Lever Handle, AIDO’s SLYNK Profiled Door System and Hotel Lock. The company said AIDO’s solutions added a design-led architectural and hospitality dimension to its presence at the event. The SLYNK Profiled Door System drew attention for supporting modern interiors where ..

Tata Power Secures Karnataka Transmission Project

Tata Power has won a power transmission project in Karnataka after emerging as the successful bidder in a tariff-based competitive bidding process run by PFC Consulting, a wholly owned subsidiary of Power Finance Corporation. The company received a Letter of Intent from PFC Consulting for a renewable energy evacuation scheme to be delivered under a Build, Own, Operate and Transfer model. The award follows a competitive selection and positions the firm to expand its transmission activities in the state. As part of the contract, Tata Power will acquire the special purpose vehicle (SPV) created f..