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Continuing his Japan Tour, CM Firms Up Investment Worth Rs 500 Crore on Third Day
Punjab Times (English Edition)
|December 05, 2025
On third day of his visit to Japan, the 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 Gi
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