Gujarat Deputy CM Harsh Sanghavi Held Mega Investment Meetings in Tokyo to Strengthen India-Japan Economic Ties; He Held High-Level Meeting with Nippon Steel Chairman
FinTech BizNews Service
Mumbai, 20 October, 2026: As part of Gujarat’s efforts to attract global investors ahead of the upcoming Vibrant Gujarat Global Summit, Deputy Chief Minister Shri Harsh Sanghavi visited the headquarters of Nippon Steel Corporation, one of the world’s leading steel producers, in Tokyo on Tuesday.
During the visit, Shri Harsh Sanghavi paid a courtesy call on Nippon Steel Chairman Eiji Hashimoto at the company’s headquarters. He subsequently held a one-to-one meeting with senior company officials, including Managing Executive Officer Hideki Ogawa, to discuss opportunities for enhancing steel production capacity and exploring future industrial expansion in Gujarat.
The discussions were constructive and focused on Gujarat’s potential as a preferred destination for steel manufacturing and industrial investment.
Shri Harsh Sanghavi highlighted Gujarat’s world-class infrastructure, strong port connectivity and business-friendly environment, which offer significant advantages for industries seeking to expand their operations and strengthen their presence in India.
He also invited Nippon Steel to further strengthen its partnership with Gujarat and participate in the upcoming Vibrant Gujarat Global Summit, providing a platform to explore new avenues for investment and industrial collaboration.
The meeting is part of the Gujarat government’s broader efforts to engage with leading Japanese companies and attract strategic investments across key industrial sectors. Through high-level engagements with global industry leaders, the state aims to strengthen international business partnerships, promote industrial expansion and create new opportunities for economic growth.
As part of Gujarat’s efforts to attract global investments ahead of the upcoming Vibrant Gujarat Global Summit, Deputy Chief Minister Shri Harsh Sanghavi is undertaking a series of high-level engagements in Japan to strengthen economic ties between Gujarat and Japan and explore new avenues for industrial collaboration.
A total of 11 key engagements were scheduled across Tokyo and Shizuoka, including seven one-on-one meetings, two government-level bilateral engagements, a high-level textile sector roundtable and an official dinner.
The initial session of the Japan visit focused on engaging leading Japanese companies to explore investment opportunities in Gujarat through the Vibrant Gujarat Global Summit platform.
In a separate meeting with Yoshimura, President of Ultrafabrics Holdings, discussions centred on investment opportunities in synthetic leather and allied sectors.
Shri Harsh Sanghavi also held detailed discussions with Isao Otsu, President of Kaneka Corporation, on strengthening partnerships with Gujarat in the chemicals and life sciences sectors.
Engagements with senior officials from Itochu Corporation's trading and green innovation business units focused on potential cooperation in green energy and global trade.
In addition, the delegation held an important meeting with Hireso to explore opportunities in cloud computing and Global Capability Centres (GCCs).
