Uttar Pradesh, Japan’s Yamanashi sign four MoUs; ₹600-crore fund for MSMEs
The government of Uttar Pradesh and Japan's Yamanashi prefecture have signed four MoUs to enhance cooperation in skills, training, and tourism. Additionally, a ₹600-crore fund has been established to support MSMEs in Uttar Pradesh, signaling a strengthening of economic ties.
Why it matters
This partnership represents a strategic effort to boost regional industrial growth and infrastructure through international investment and technology transfer.
Uttar Pradesh Chief Minister Yogi Adityanath on Friday (August 21, 2026) announced a dedicated Yamanashi Desk at Invest U.P. and regular coordination with companies to facilitate Japanese investment as the government of Uttar Pradesh and Japan advanced their partnership with four Memorandum of Understanding (MoUs) on skills, technical training, tourism and Japanese GCCs, along with a ₹600-crore fund announced by Yamanashi to support Uttar Pradesh’s MSME sector.
The announcements were made at the Japan–India Business Networking Event at Indira Gandhi Pratishthan, Lucknow, attended by Yamanashi Governor Kotaro Nagasaki, Japanese business leaders and senior Uttar Pradesh ministers and officials.
Mr. Adityanath said the partnership with Japan must move beyond investment discussions towards structured, long-term cooperation. He said the ₹600-crore Yamanashi fund would support Uttar Pradesh’s MSMEs, while the dedicated Yamanashi Desk at Invest U.P. would provide a focused channel for investors and businesses from the prefecture.
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