Bhopal (Madhya Pradesh): Madhya Pradesh is increasingly becoming a preferred destination for Japanese investors, thanks to its new industrial promotion policy and a renewed focus on ease of doing business, said Yagi Koji, Japan’s Consul-General in Mumbai, on Monday.
Speaking at the Global Investors Summit 2025, Koji praised the state’s efforts to attract foreign investment, especially from Japan. The Consul-General said that Japanese direct investment in India has surged by 284% over the last decade, growing from 282 billion Yen to 1,082 billion Yen. He also highlighted the 5 trillion Yen target for public and private investment in India, set by leaders in 2022, which is on track.
“India has consistently ranked as the top investment destination for Japan for three consecutive years (FY 2022, FY 2023, and FY 2024), according to the Japan Bank for International Cooperation survey,” Koji said, underscoring the growing interest of Japanese companies in India. The representative from Bridgestone Manufacturing Company highlighted the strategic location of Madhya Pradesh, which offers easy access to districts across the country and has well-established industrial corridors.
He said that 60% of Japanese investments in India are in the manufacturing sector, a trend he expects will continue as MP’s industrial base grows. Koji also expressed confidence that the new initiatives by the state will further facilitate ease of doing business, making it a prime destination for Japanese investors looking to expand in India.
