Uttar Pradesh, Japan’s Yamanashi sign four MoUs; ₹600-crore fund for MSMEs
The ₹600-crore Yamanashi fund, the dedicated Yamanashi Desk at Invest UP and regular coordination with JETRO and JICA will help us move faster from dialogue to implementation, says Uttar Pradesh CM Yogi Adityanath
On August 21, 2026, Uttar Pradesh Chief Minister Yogi Adityanath announced four Memorandums of Understanding (MoUs) with Japan, covering skills development, technical training, tourism, and Japanese GCCs. The government of Uttar Pradesh and Japan also unveiled a ₹600-crore fund to support the state's Micro, Small, and Medium Enterprises (MSME) sector.
The MoUs were announced at the Japan-India Business Networking Event held at Indira Gandhi Pratishthan in Lucknow, where Yamanashi Governor Kotaro Nagasaki, Japanese business leaders, and senior Uttar Pradesh ministers and officials attended.
Adityanath emphasized the need to transition from investment discussions to structured, long-term cooperation. He announced the establishment of a dedicated Yamanashi Desk at Invest U.P. and regular coordination with Japan's Export Promotion Councils (JETRO) and Japan-India Chamber of Commerce (JICA) to facilitate investor engagement and project implementation.
Uttar Pradesh's Chief Minister highlighted the state's improving connectivity, industrial infrastructure, skilled workforce, and investor-friendly policies, expressing a desire for a partnership where investment, technology, skills, and employment progress concurrently. Adityanath underscored that Uttar Pradesh possesses the required scale, infrastructure, and young workforce that Japanese companies seek, while Japan offers technology, skills, and global experience to expedite growth.
The partnership aims to generate investment, create jobs, and foster enduring institutional linkages.
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