Toray Industries (H.K.) Ltd. has entered a joint venture with MAS Holdings to establish a new manufacturing facility in Odisha, India. The entity, named Toray MAS Apparel India, will operate from the MAS Apparel Park at Bhuinpur, which began development in March 2025. Operations are scheduled to start in early 2026. The agreement was formalised […]
JFE Shoji announced plans to invest INR 4 billion in a new facility to manufacture motor cores for battery electric vehicles (BEVs) and electric vehicles (EVs) in Karnataka. The company is also engaged in early-stage discussions with the state government regarding the possible revival of the defunct New Government Electrical Factory (NGEF) plant in Hubballi. […]
Nissei Plastic Industrial Co., Ltd., a Japan-based manufacturer of injection moulding machines, has selected a property in the Sanand Industrial Estate, Ahmedabad, Gujarat, for its planned India factory. The decision was approved at a Board of Directors meeting on 5 September 2025 following negotiations that began earlier this year. The selected site covers 35,000 square […]
Fujifilm Electronic Materials is planning to establish a large-scale semiconductor materials manufacturing facility in Dholera, Gujarat. The facility would mark the company’s first significant direct investment in India and is intended to serve semiconductor wafer processing clients, including international manufacturers such as TSMC and GlobalFoundries. According to General Manager Tetsuya Iwasaki, the company is evaluating […]
Tokyo Electron has established a new development site in Bengaluru, Karnataka, India. The facility will focus on software development related to equipment design and simulation, while also serving as a base for joint research on next-generation semiconductor technologies with universities and academic institutions in India. The company stated that the new site will also support […]
T-Works Foundation, a prototyping hub based in Hyderabad, has entered into a partnership with Indobox, Inc. to promote collaboration between India and Japan in manufacturing, hardware, and innovation. The agreement is expected to facilitate access for Japanese companies to T-Works’ hardware and manufacturing infrastructure in India. According to T-Works, the memorandum of understanding outlines areas […]
Vardhman Special Steels Limited (VSSL) plans to set up a greenfield special and alloy steel plant in Ludhiana district, Punjab, with an investment of INR 25 billion. The facility will be established in a joint venture with Japan’s Aichi Steel Corporation (ASC). The plant will have an installed capacity of 500,000 tonnes per annum. Production […]
India and Japan announced a series of agreements and initiatives during the India-Japan Economic Forum held in Tokyo on 29 August 2025. The meeting was attended by Prime Minister Narendra Modi and Prime Minister Shigeru Ishiba, along with industry leaders and members of the India-Japan Business Leaders’ Forum. A joint vision for the next decade […]
Lion Corporation, a Japan-based manufacturer of consumer goods, plans to establish a wholly owned subsidiary in India with an investment of INR 400 million (approximately JPY 680 million). The subsidiary, to be named Lion India Private Limited, will be based in Gurugram, Haryana, and is scheduled for establishment in January 2026, with operations expected to […]
Samvardhana Motherson International Limited announced that its board has approved the acquisition of an 81 percent stake in Japan-based Yutaka Giken Co., Ltd. (YGCL) through its wholly owned subsidiary Motherson Global Investments B.V. The company will also acquire an 11 percent stake in YGCL’s subsidiary Shinnichi Kogyo Co., Ltd. from Honda Motor Co., Ltd., and […]
