UP team extends invitation to Hanwha Grp to invest in state
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Lucknow: A delegation led by finance minister Suresh Khanna is attending the ongoing World Expo 2025 in Osaka, Japan, to strengthen economic ties and attract global investments.
On the second day, the delegation held detailed discussions with members of the Hanwha Group and invited them to invest in UP.
The delegation also toured Hanwha Group's advanced manufacturing facilities in Wakayama, which produce high-quality steel, food products, and other industrial goods. Their engagement with Hanwha's leadership focused on deepening industrial partnerships and encouraging Japanese enterprises to explore UP's investment landscape.
An official spokesperson said: "The finance minister extended a formal invitation to the Hanwha Group to establish manufacturing operations in UP. He highlighted the state's world-class infrastructure, investor-centric policies, and availability of a skilled, future-ready workforce. He also emphasised the importance of local employment generation and encouraged Hanwha to recruit talent from UP and contribute to ongoing skill development initiatives.
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Meanwhile, an EU delegation led by Vivian Loonela visited the UP Pavilion, exploring strategic partnerships to promote sustainable, experience-rich tourism across the state. As part of its global outreach, Invest UP has set up the UP Pavilion, which is witnessing enthusiastic footfall from investors and international delegates keen to explore the state's business-friendly environment, attractive incentive structures, and rapidly evolving industrial ecosystem, officials said.
The spokesperson said that principal secretary, industries and infrastructure development, Alok Kumar assured full institutional support to Japanese investors and reaffirmed the state govt's commitment to facilitating investments in key sectors such as manufacturing, logistics, semiconductor and green energy. This outreach marks another milestone in UP's efforts to position itself as a globally competitive investment destination and strengthen industrial cooperation with Japan, officials said.
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