Japan visit yields over ₹5,000 crore investment: Rao Narbir Singh
Haryana’s Minister of Industries and Commerce Rao Narbir Singh has termed the recent Japan visit led by Chief Minister Nayab Singh Saini as “highly successful” from an investment standpoint, with 10 MoUs worth over Rs 5,000 crore signed with leading Japanese companies.
“This visit marks the beginning of a new era in Haryana’s agricultural and environmental development,” said Rao Narbir Singh.
He lauded Japan’s industrial culture, saying, “Japan’s greatest strength lies in its commitment and work culture — companies there honour their promises with utmost sincerity and complete them within the stipulated timeframe.”
Rao Narbir Singh highlighted that Japanese investments have long played a role in Haryana’s industrial growth. “In 1980, when I first became a minister, Maruti Udyog Limited established its first unit in old Gurugram. Today, more than 500 Japanese companies are actively operating in the state, driving Haryana’s industrial progress,” he said.
The minister noted that companies like Kubota Tractor would boost Haryana’s agricultural development, while partnerships in green energy, electric vehicles, smart mobility and sustainable infrastructure would enhance the quality of urban life.
During the visit, Haryana signed agreements with leading Japanese firms such as AISIN, Air Water, TASI, Namboob, Denso, Sojitz, Nissin, Kawakin, Daikin, and Toppan, which are expected to create thousands of new job opportunities.
He further said as announced by Chief Minister Saini in the 2025-26 Budget, the state government will develop 10 new Industrial Model Townships (IMTs), five of which have already been approved. “One of these IMTs will be developed in collaboration with Japanese companies,” he revealed.
Rao Narbir Singh said the government is amending its industrial policy to encourage the use of electric vehicles worth up to Rs 40 lakh, benefiting the middle class while expanding green energy infrastructure.
Expressing pride in Gurugram’s evolution as a hub of Indo-Japanese cooperation, the minister added, “As someone from Gurugram, I’ve witnessed firsthand — across four tenures as minister since the 1980s — the professionalism and investment culture of Japanese companies.”
Haryana Tribune