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Haryana Courts Japanese Investment in Semiconductors, Auto & Finance

Haryana Chief Minister Nayab Singh Saini met a delegation from Japan's Mizuho Bank to strengthen economic ties and explore strategic investments. The bank, impressed by the state's business ecosystem, has already relocated its office from Delhi to Gurugram and seeks an MoU for collaboration in automobiles, education, financial services, and the critical semiconductor sector. The Chief Minister assured full government support, highlighting Haryana's stable policies, infrastructure, and skilled workforce as key attractions for high-tech investment. The meeting concluded with CM Saini presenting a copy of the Bhagavad Gita to the bank's India head, discussing its philosophical insights.

Key Points: Haryana, Mizuho Bank Japan Forge Economic Partnership

  • MoU planned with Foreign Cooperation Dept
  • Focus on semiconductors & auto
  • Mizuho shifts office to Gurugram
  • CM assures investor-friendly support
  • Bhagavad Gita presented in meeting
2 min read

Haryana strengthens economic ties with Mizuho Bank of Japan

Haryana CM Nayab Singh Saini meets Mizuho Bank to boost investment in semiconductors, auto, education & finance. Bank moves office to Gurugram.

"impressed by Haryana's progressive policies and robust ease of doing business ecosystem - Mizuho Bank delegation"

Chandigarh, Jan 8

Haryana Chief Minister Nayab Singh Saini, on Thursday, held a meeting with a delegation led by the Managing Director and India Head of Mizuho Bank of Japan, Ryo Murao, here.

The meeting focused on strengthening economic cooperation and exploring new avenues for strategic investments in the state.

During the discussions, the delegation expressed keen interest in entering into a memorandum of understanding (MoU) with the Foreign Cooperation Department of Haryana.

Key areas identified for collaboration included automobile manufacturing, education, financial services and, notably, the semiconductor sector, which is emerging as a critical area of global and national importance.

The delegation told the Chief Minister Saini that impressed by Haryana's progressive policies and robust ease of doing business ecosystem, Mizuho Bank has shifted its office from Delhi to Gurugram.

They sought continued cooperation and support from the state government to further expand their operations and investment footprint in Haryana.

The Chief Minister assured the delegation of the state government's full support and said that Haryana is committed to providing a stable, investor-friendly environment backed by transparent governance, modern infrastructure and skilled manpower.

He emphasised that Haryana's strategic location, policy reforms and proactive administrative approach make it a preferred destination for global investors, especially in high-technology and knowledge-driven sectors.

On the occasion, CM Saini also presented a copy of the Bhagavad Gita to Ryo Murao and discussed its timeless philosophy and universal message of duty, ethics and balanced decision-making.

Notably, the Department of Foreign Cooperation is a dedicated department of the state government, responsible for the state's diplomacy, bilateral and multilateral relations at the international level, and assistance to the Haryanvi diaspora.

It propagates the state government's vision of transforming Haryana through a 'Go Global Approach'.

Pawan Kumar Choudhary, Advisor to Haryana Chief Minister for Foreign Cooperation Department, and other senior officers were present in the meeting.

- IANS

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Reader Comments

P
Priya S
Good step, but I hope this investment translates into real jobs for local youth, not just high-level corporate jobs. The emphasis on education in the collaboration is promising. Let's skill our workforce for these new sectors.
R
Rohit P
Love the gesture of gifting the Bhagavad Gita. It's a great way to share our culture and philosophy with global partners. Shows we're not just about business, but also about values. Well done, CM Saini!
S
Sarah B
As someone working in Gurugram's finance sector, Mizuho moving its office here is a strong signal. It validates the 'ease of doing business' claims. Hope more such strategic partnerships follow, especially in manufacturing.
V
Vikram M
While this is positive, I have a respectful criticism. We hear these MoU announcements often. The real test is execution and ground-level impact. Hope the Foreign Cooperation Department ensures these promises materialize for the state's development.
K
Karthik V
Semiconductor sector! This is the future. If Haryana can become a chip manufacturing hub with Japanese tech and investment, it will be a game-changer for the entire country. Jai Hind!

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