Punjab Chief Minister Bhagwant Mann on Wednesday described the overwhelming response from investors during his 10-day visit to Japan and South Korea as a milestone in the state’s industrial development. The visit aimed to showcase Punjab as a hub for global industry and technology in the run-up to the 6th Progressive Punjab Investors’ Summit, scheduled for March 13-15, 2026, in Mohali.
Mann highlighted that the delegation focused on firming up investments and creating employment opportunities for youth. He said the discussions with Japanese and South Korean companies could give Punjab’s industrial sector a major boost, putting it on a high-growth trajectory.
Key meetings included talks with Japan Bank for International Cooperation (JBIC), where senior officials expressed interest in evaluating Punjab’s industrial and clean-energy projects. Mann said technical discussions on potential financing avenues would continue, strengthening ties with global investors.
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Several private companies also showed keen interest in the state. Yamaha Motor Co., Ltd discussed possibilities in electric vehicle mobility, R&D collaborations, and skill development initiatives. Honda Motor Co., Ltd and Aisan Industry Co., Ltd explored future manufacturing and R&D opportunities in Punjab.
Significant MoUs were signed during the visit, including Toppan Holdings’ proposed Rs 300-400 crore investment and collaboration on a skilling excellence centre. Aichi Steel and Vardhman Special Steels signed a pact to assess future factory operations, with feasibility studies for a potential Rs 500 crore investment.
Mann also emphasized that agencies like JICA and Fujitsu Ltd. expressed interest in supporting Punjab’s urban infrastructure, digital governance, and industrial automation initiatives. With this surge of international investor engagement, the state is set to witness accelerated industrial growth and strengthened global partnerships.
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