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Japan Commits to Deepen Investment in Gujarat’s Semiconductor and EV Industries

Ambassador Ono’s three-day trip concluded with an agreement to upgrade Dholera SIR infrastructure to catalyze semiconductor growth.

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Overview

  • Ambassador Ono and Minister Hokugo held discussions with Chief Minister Bhupendra Patel and hosted a roundtable with 150 industrialists in Ahmedabad to explore deeper economic collaboration.
  • They finalized formal commitments to expand Japanese investment in Gujarat’s semiconductor and electric vehicle manufacturing sectors.
  • The delegation pledged to bolster industrial and social infrastructure at Dholera Special Investment Region based on a Mizuho Bank survey aimed at developing an optimal semiconductor ecosystem.
  • Ono also urged cooperation to accelerate the Ahmedabad-Mumbai high-speed rail corridor, popularly known as the bullet train project.
  • CM Patel highlighted Gujarat’s supportive environment for over 350 Japanese firms and noted the successful execution of all 2017 Indo-Japan summit memorandums of understanding.