MP Courts Japanese Investment at Davos for Renewable Energy & Manufacturing

The Madhya Pradesh government met with senior officials from the Japan Bank for International Cooperation (JBIC) on the sidelines of the World Economic Forum in Davos. Discussions centered on existing JBIC-supported projects, potential yen borrowings, and collaborations in renewable energy and manufacturing. JBIC's Hashiyama Shigeto highlighted Madhya Pradesh's growing attractiveness for Japanese investment, driven by opportunities in infrastructure and clean energy. He also emphasized India's political stability as a key advantage, noting a JBIC survey ranks India as the top global investment destination for Japanese manufacturers.

Key Points: MP, Japan Bank Discuss Yen Loans & Solar Power at Davos WEF

  • Yen borrowing talks for projects
  • Focus on renewable energy & solar power
  • MP's appeal to Japanese investors
  • Highlight on India's political stability
  • JBIC ranks India top FDI destination
2 min read

MP govt discusses Yen borrowings, solar power with Japan Bank for International Cooperation at Davos

Madhya Pradesh govt meets JBIC at Davos to discuss yen borrowings, solar power projects, and boosting Japanese investment in manufacturing.

"India, particularly Madhya Pradesh, is emerging as a highly attractive destination for Japanese investors. - Hashiyama Shigeto"

Davos, January 19

The Government of Madhya Pradesh on Monday met Hashiyama Shigeto, representative director and Executive Managing Director of Japan Bank for International Cooperation, on the sidelines of the World Economic Forum in Davos.

As per the release from the MP Government, the discussions covered projects where JBIC is already supporting in Madhya Pradesh, as well as areas such as policies for manufacturing and other sectors, yen borrowings, tie-ups through collaborations, and renewable energy, including solar power.

While speaking with ANI, Hashiyama Shigeto said, "India, particularly Madhya Pradesh, is emerging as a highly attractive destination for Japanese investors, driven by strong opportunities in renewable energy, infrastructure, and manufacturing."

Further speaking on the evolving investment climate, Hashiyama highlighted Madhya Pradesh's growing appeal, driven by its focus on attracting new investments in renewable energy and infrastructure development.

He noted that these sectors are drawing increasing interest from Japanese companies looking to expand their global footprint.

"The investment environment in Madhya Pradesh is very attractive for many Japanese potential investors. State's operational competitiveness is expected to strengthen further in the coming years," he said.

He also emphasised India's political stability as a major advantage for foreign direct investors, saying, "The political situation is very stable compared to many other countries in the world. This is a strong point for foreign direct investment, including from Japan."

He cited a recent JBIC study and said that India was ranked the top global destination for foreign direct investment by Japanese manufacturing companies in 2026. "This reflects sustained confidence in India's long-term economic prospects despite global uncertainties."

"At a time when there is significant uncertainty in the investment climate worldwide, including in developed countries, India continues to maintain one of the highest levels of investment attractiveness," he said.

Earlier in the day, the Government of Madhya Pradesh held discussions with Jay Galla, Co-founder, Chairman, and Managing Director of the Amara Raja Group; Herve Couraye, Advisor to TouchLab; and Jasmin Hume, CEO and Founder of Shiru, among others, to explore multiple possibilities.

The 56th Annual Meeting of the World Economic Forum (WEF) is being held from January 19 to 23, 2026, at Davos-Klosters, which is set to welcome nearly 3,000 participants from over 130 countries, including a record number of world leaders, CEOs, innovators and policymakers, under the theme "A Spirit of Dialogue."

- ANI

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Reader Comments

P
Priya S
Good to see our leaders are active at Davos. The focus on renewable energy is the right way forward. However, I hope these "yen borrowings" don't lead to debt that becomes a burden for the state in the long run. We need sustainable partnerships, not just loans.
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Rohit P
MP becoming an investment hub! Japanese companies are known for quality and technology. If they set up manufacturing plants, it will be a game-changer for Indore, Bhopal, and other cities. Let's make sure the local youth get the skill training to benefit from these jobs.
S
Sarah B
As someone working in the renewable sector, this is very encouraging. JBIC's support can accelerate solar farm projects. The key will be ensuring the technology transfer happens and we build local expertise, not just become an assembly line.
V
Vikram M
Political stability is indeed our biggest strength. When foreign investors say this, it means a lot. Hope MP government ensures a smooth "ease of doing business" so these discussions don't remain just headlines from Davos. The real work begins after the forum ends.
K
Kavya N
Heartening to see Madhya Pradesh getting this global recognition! 🙏 Solar power projects can help our villages get reliable electricity. Just hope the benefits reach the common people and not just stay in industrial zones.

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