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Japanese Firms To Invest In HealthCare, Waste Management Sectors In UP

A number of Japanese companies have shown interest in investing in UP and have also signed MoUs. The sectors where these Japanese firms have shown interest include healthcare, waste management and textile

Photo Credit :


Up Ministers Jaiveer Singh and Ashish Patel with Japanese representatives

After making its presence in the Indian healthcare sector, Japan based Sysmex Corporation is all set to expand its footprints in India. The company has expressed its desire to invest in the Medical Device Parks in Uttar Pradesh and are already in talks with the state government. 

Apart from Sysmex, a number of other Japanese companies have also shown interest in investing in UP and have also signed MoUs. A delegation from Uttar Pradesh, led by state’s tourism and culture minister Jaiveer Singh and Technical Education Minister Ashish Patel, met Kunihiro Funakoshi of Sysmex Corporation. They discussed the possibilities for Sysmex to invest in UP and Funakoshi stated that the company would like to be a part of the Medical Device Parks, proposed by the UP government. 

Meanwhile, the delegation also signed a Rs 5,000-crore MoU with Akihiko Yamashiro of One World Corporation in Tokyo, on the behalf of the UP government, for the development of waste management facilities at Gautam Buddha Nagar. Nissenken Quality Evaluation Center had signed a Rs 10,000 crore MoU with Takeshi Endo of Tokyo Laboratory for the textile park. This collaboration is expected to create 10,000 jobs in this project alone. 

Another delegation of Uttar Pradesh government, led by Deputy CM Keshav Prasad Maurya and IT Minister Yogendra Upadhyay met Deputy Director General of External Affairs, Ministry of External Affairs Netherlands Peter Potman during their meetings at Netherlands and discussed cooperation and partnership in the fields of food processing, agriculture and dairy sectors. The delegation also met Indian Ambassador Reenat Sandhu at India House in The Hague to discuss the strength of Indian and Dutch businesses.