हिंदी
Investment Agreements Worth Nearly Rs 5,000 Crore Signed: Minister
Chandigarh, 13 October 2025
Haryana’s Minister of Industries and Commerce, Rao Narbir Singh, stated that the recent visit to Japan, led by Chief Minister Sh. Nayab Singh Saini, has been highly successful from an investment perspective. During the visit, 10 Memorandums of Understanding (MoUs) were signed with several major Japanese companies for investments exceeding Rs 5,000 crore. This visit will mark the beginning of a new era in the fields of agriculture and environmental development in Haryana.
Rao Narbir Singh said that Japan’s greatest strength lies in its commitment and work culture — the companies there honour their promises with utmost sincerity and complete them within the stipulated timeframe. He mentioned that Japanese investment in Haryana is not a new phenomenon. In 1980, when he first became a minister, Maruti Udyog Limited had established its first unit in old Gurugram. Today, more than 500 Japanese companies are actively operating in the state, playing a significant role in Haryana’s industrial progress.
He further said that Kubota Tractor Company will play an important role in Haryana’s agricultural development, while in the environmental sector, the development of cities through green energy, electric vehicles, smart mobility, green buildings and sustainable infrastructure will enhance the quality of life of citizens. He informed that during the Japan visit, agreements were signed with reputed companies such as AISIN, Air Water, TASI, Namboob, Denso, Sojitz, Nissin, Kawakin, Daikin and Toppan, which will open up new avenues of employment for thousands of youth.
Rao Narbir Singh said that Chief Minister Sh. Nayab Singh Saini, in his Budget address for the year 2025–26, had announced the development of ten new Industrial Model Townships (IMTs), out of which five have already been approved. The government plans to develop one of these IMTs specifically in collaboration with Japanese companies. For this, the Haryana Government is amending its industrial policy, under which there is a plan to promote electric vehicles worth up to Rs 40 lakh. This policy will not only benefit the middle class but also focus on the expansion of green energy.
He added that it is a matter of pride for him being a native of Gurugram, that during his four tenures as a minister since the 1980s, he has closely observed and experienced the working style and investment culture of Japanese companies.
