January 29, 2025
2 mins read

Madhya Pradesh CM Promotes State’s Investment Potential in Tokyo

CM Yadav invited top companies like Nitori, Bridgestone, Uniqlo, and JETRO to participate in the upcoming Global Investors Summit in Bhopal, aiming to enhance Madhya Pradesh’s industrial growth and strengthen international partnerships.

Madhya Pradesh Chief Minister Mohan Yadav engaged in high-level meetings with prominent Japanese business leaders, promoting the state’s growing investment opportunities in sectors such as furniture, textiles, automobile manufacturing, and skill development.

The day’s meetings began with CM Yadav’s discussion with Toshiyuki Shirai, President and COO of Nitori Holdings Co Ltd. During their meeting, CM Yadav invited Nitori to expand its presence in India, specifically in the furniture and textile industries. Shirai, reflecting on the company’s recent expansion, noted that Nitori opened its first store in India in December 2024. With 1,049 stores across Japan and Asia, Shirai expressed excitement about the business potential in Madhya Pradesh.

Earlier, CM Yadav visited Bridgestone Headquarters in Tokyo, where he met with Shuichi Ishibashi, the Global CEO of Bridgestone Corporation. Discussions centered on the investment potential of Madhya Pradesh, particularly in the automobile and tyre manufacturing industries. Yadav extended an invitation to Bridgestone and other companies to participate in the Global Investors Summit in Bhopal on February 24-25, 2025.

In another significant meeting, CM Yadav met Shohei Hara, Senior Vice President of the Japan International Cooperation Agency (JICA). They discussed opportunities for collaboration in skill development, urban transport, and smart city projects in Madhya Pradesh. CM Yadav highlighted the state’s potential in infrastructure and hydropower projects, with JICA’s support crucial to furthering these efforts.

CM Yadav also met with Tadashi Yanai, founder of global apparel giant Uniqlo. The meeting focused on Uniqlo’s expansion plans in India, with an emphasis on cotton cultivation in Madhya Pradesh. CM Yadav highlighted the state’s textile industry and its potential to support Uniqlo’s growth in India, inviting Yanai to the upcoming Global Investors Summit.

In a final meeting with Susumu Kataoka, Chairman of the Japan External Trade Organisation (JETRO), CM Yadav invited JETRO to establish an office in Madhya Pradesh. The meeting focused on enhancing investment collaboration and strengthening business partnerships between Japan and Madhya Pradesh.

The Chief Minister’s visit underscores Madhya Pradesh’s strategic position as a hub for industrial growth and investment in India, with an emphasis on sustainable development, innovation, and global partnerships.

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