Punjab Chief Minister Bhagwant Singh Mann is currently in Japan and securing investments for the benefit of the state. Punjab CM Bhagwant Mann's visit to Japan entered day 4 on December 5 and he is expected to hold many important meetings.
Punjab Chief Minister will also meet and interact with Indian Diaspora today. CM Mann's visit to Japan is turning out to be fruitful as Japanese industrialists are enthusiastic about investing in Punjab.
CM Mann's day 4 in Japan will start with meeting with officials from Air Water Inc. in Osaka. Immediately afterward, he will participate in business-related meetings.
After meeting with officials from Nichiden Corporation and Kanehiro Corporation, he will meet with the Indian community.
Chief Minister Bhagwant Mann will participate in a roadshow with Japanese industrialists at the end of the day.
On third day of his visit to Japan, Punjab Chief Minister Bhagwant Singh Mann on Thursday roped in investment worth Rs 500 crore as Japandese steel giant Aichi Steel agreed to expand its collaboration with Vardhman Special Steels in the state.
Aichi Steel and Vardhman Special Steels signed an MoU in the presence of the Chief Minister, who visited the company today.
The Chief Minister said that it is Red letter day for the state as the Aichi Steel Corporation better known as the steel arm of Toyota has inked this MoU to give fillip to the industrial development in the state. He said that Aichi Steel, which already holds about 24.9% stake in Vardhman is a key technology partner, symbolising a strong and evolving Indo-Japan partnership in Punjab’s industrial ecosystem.
Bhagwant Singh Mann said that the Japanese Steel Giant will study future factory operations in Punjab, including a feasibility assessment for an investment of about ₹500 crore.