As part of the Yogi Adityanath government’s vision to position Uttar Pradesh as a leading investment destination, the state is hosting the UP-Japan Investment Meet 2026. The five-day event started on 18th August across Delhi, Lucknow, Agra, Greater Noida and Varanasi and will conclude on 23rd August.
The Meet is being organised by Invest UP, the official investment promotion and facilitation agency of the Government of Uttar Pradesh, India. Over 200 Japanese industrialists, CEOs, business representatives and policymakers, with the delegation led by Yamanashi Prefecture Governor Kotaro Nagasaki, are attending the event.
Organised by Invest UP, the meet brought together more than 200 Japanese industrialists, CEOs, business representatives and policymakers, with the delegation led by Yamanashi Prefecture Governor Kotaro Nagasaki. The event is a demonstration of growing Japanese interest in investments, technology partnerships, and manufacturing projects in Uttar Pradesh.
The event started with a high-level CEO roundtable and inaugural session at the Durbar Hall of Taj Palace, New Delhi, where Chief Minister Yogi Adityanath honoured CEOs of Japanese companies already operating in the state. Speaking during the event on Wednesday (19th August), Chief Minister Yogi Adityanath extended a warm welcome to the Japanese investors. Inviting Japanese investment in the state, he highlighted the potential of the state, which now features in the top three economies of the country. The Chief Minister emphasised the prospects of an India-Japan partnership and said that it was based on a foundation of trust, technology, culture, investment and shared vision.
“…It is a matter of great happiness for me that today we have gathered here to further strengthen the partnership between Uttar Pradesh, India’s most populous state, and Japan’s Yamanashi Prefecture. This partnership is built on a strong foundation of trust, technology, culture, investment and shared vision,” the Chief Minister said.
Delhi: Addressing the UP-Japan Investment Meet, Uttar Pradesh CM Yogi Adityanath says, "…It is a matter of great happiness for me that today we have gathered here with the objective of further strengthening the partnership between Uttar Pradesh, India’s most populous state, and… pic.twitter.com/OlpLALZ4DJ
— IANS (@ians_india) August 19, 2026
“We want Japanese companies to make Uttar Pradesh their second industrial home. Together, we can build a long-term and strong partnership in Uttar Pradesh,” CM Yogi added.
Investment plans announced during the meet
Addressing the Japanese delegation, Union Minister Piyush Goyal laid down the bilateral ambition of the UP-Japan partnership. He set the target of 10 trillion yen in Japanese investment into India over the next 10 years, building on bilateral trade of roughly $27.5 billion in FY 2025-26. He pointed out priority areas of the partnership, including artificial intelligence, semiconductors, critical minerals, batteries, energy and next-generation mobility.
During the meeting, announcements were made regarding three industrial projects worth ₹3,191 crore in the Yamuna Expressway Industrial Development Authority (YEIDA) area. The projects, including projects by Escorts Kubota, a joint venture between the Indian company Escorts Limited and the Japanese manufacturer Kubota Corporation and Minda Corporation, an Indian multinational automotive components manufacturer, are expected to generate over 10,000 jobs.
Escorts Kubota will invest around ₹2,025 crore in Sector-10 of YEIDA. The plan involves manufacturing tractors, construction equipment, and related products. The initiative is expected to generate over 3,800 jobs. Two projects worth around ₹1,166 crore will be set up by Minda Corporation across Sector-10 and Sector-24. The project is expected to generate around 6,440 jobs.
The Yogi government does not want to limit Japanese investment to the automobile sector. Therefore, it held discussions with investors for investment opportunities in areas such as green hydrogen, renewable energy, clean technology, electronics, semiconductors, data centres, and digital infrastructure.
In addition to that, a plan to develop a ‘Japan City’ spanning approximately 500 acres in the YEIDA region was also proposed. The city will accommodate Japanese companies and their suppliers and ancillary industries.
