Union Commerce Minister Piyush Goyal has urged Japanese businesses to expand investments and partnerships in India, highlighting growing economic and strategic ties.

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• Piyush Goyal invited Japanese companies to increase investments and partnerships in India while highlighting the strengthening economic relationship between both countries.
• He said India and Japan can leverage their complementary strengths across manufacturing, technology, infrastructure, energy, defence and green economy sectors.
• Uttar Pradesh offers strong investment opportunities due to its large population, improved connectivity, industrial growth and availability of a skilled workforce.
• India and Japan are expanding cooperation in artificial intelligence, semiconductors, critical minerals, batteries, energy and next-generation mobility technologies.
• Japan has set a target of investing 10 trillion yen in India over the next decade to deepen economic cooperation.
• More than 1,400 Japanese companies operate in India, while bilateral trade reached USD 27.5 billion during fiscal year 2026.
• Uttar Pradesh has more than 9 million MSMEs and offers investment opportunities through major infrastructure projects and industrial clusters.
• Piyush Goyal is scheduled to visit Japan from August 24 to 27, 2026, to advance economic cooperation and strengthen bilateral partnerships.