Wednesday, April 24, 2024
Advertisement
  1. You Are At:
  2. News
  3. Business
  4. Japan's Leading Auto Components Firm Keen To Invest In Haryana

Japan's Leading Auto Components Firm Keen To Invest In Haryana

Chandigarh, Sep 7: Japan's leading auto components company Aisin Seiki has proposed to set up a manufacturing facility at Industrial Model Township at Rohtak in Haryana over an area of 30 acres, with an investment

PTI PTI Updated on: September 07, 2011 18:54 IST
japan s leading auto components firm keen to invest in
japan s leading auto components firm keen to invest in haryana

Chandigarh, Sep 7: Japan's leading auto components company Aisin Seiki has proposed to set up a manufacturing facility at Industrial Model Township at Rohtak in Haryana over an area of 30 acres, with an investment of Rs 406 crore.


The Executive Vice President of Aisin Seiki Co Ltd, Masuji Arai said this after a meeting with Haryana Chief Minister Bhupinder Singh Hooda on the concluding day of the India-Japan Global Partnership Summit in Tokyo today.

He said the company also planned to set up another manufacturing facility for brake parts at an estimated cost of Rs 330 crore for which it would require 20 acres of land.

Aisin Seiki Co. Ltd is engaged in manufacture of of automotive parts like drive train, body, brakes, chassis and engine, a Haryana Government release said here.

It is also into lifestyle, energy related and welfare related products.

During the India-Japan Global Partnership Summit meeting, the Japanese side expressed keen interest in supporting basic infrastructure of projects in Haryana.

Hooda emphasised on developing drinking water projects and public transport system projects in collaboration with Japan.

Speaking on the occasion, Haryana's Industries and Commerce Minister Randeep Singh Surjewala called for further strengthening of ties between India and Japan.

The event also witnessed signing of MOUs between enterprises based in Haryana and some prominent Japanese companies for technical collaborations.

Three MOUs were signed by Navin Raheja of Raheja Developers with Zenrin Co—Abacus Venture Solutions for geospatial modeling; Okamura Homes Co for setting up residential project at Dharuhera and Abacus Venture Solutions-Quantum Leaps Co. for development of ‘smart cities'.

Another MOU was signed between the Indian company - Guruvantage- a unit of A2V Infosolutions Pvt. Limited, Gurgaon, and Cicom Brains Inc. from Japan.

Guruvantage and Cicom envisage a huge surge in skills demand in the coming years, the release said.

A MOU was also signed in pharma sector by Pranav Gupta of Parabolic Drugs with Kyodo International Corporation of Japan. PTI

Advertisement

Read all the Breaking News Live on indiatvnews.com and Get Latest English News & Updates from Business

Advertisement
Advertisement
Advertisement
Advertisement