business

Bring your technology; we’ll provide talent, land and partnerships, Karnataka tells Japanese business delegation

Bring your technology; we’ll provide talent, land and partnerships, Karnataka tells Japanese business delegation

Tokushima Prefecture Vice-Governor Hirotsugu Ueda and others during the 4th edition of the India-Japan Business Summit 2026 in Bengaluru on Monday.

The Karnataka government on Monday asked Japanese companies to strengthen their manufacturing and technology partnerships with the State, benefit from its skilled talent pool, industrial infrastructure, and friendly policies to scale up their operations, and build globally competitive supply chains.

Delivering the keynote address at the fourth edition of the India-Japan Business Summit 2026 here, S. Selvakumar, Principal Secretary, Commerce and Industries, Government of Karnataka, called upon Japanese businesses to look at Karnataka as a long-term partner for manufacturing, innovation, and global expansion.

“Bring your technology and we will give you the talent, the land and the partnership to build it at its scale. The State has established a strong position in electronics, aerospace and defence, software exports and machine-tool manufacturing,” Mr. Selvakumar told a packed audience comprising a Japanese business delegation, diplomats, and Japanese entrepreneurs.

According to him, Karnataka accounted for 40% of India’s electronic design activity, 65% of its aerospace and defence manufacturing, 40% of software exports, and 52% of machine-tool manufacturing. The State was also home to more than 100 chip-design houses and over 800 research and development centres.

Mr. Selvakumar highlighted the State’s skilled workforce, established industrial ecosystem, and dedicated incentive packages for electronics manufacturing. These include support for plant, machinery, and land, turnover-linked incentives, and power tariff subsidies.

“The government is also working to expand industrial opportunities beyond Bengaluru, supported by a digital single-window system covering more than 30 departments,” he said.

Mr. Selvakumar said that Karnataka’s approach was not limited to attracting investments but focused on building long-term partnerships that translate into manufacturing facilities, exports, employment, and technology development.

The summit is jointly organised by the Bangalore Chamber of Industry and Commerce (BCIC) and Tokushima Prefecture, Japan.

Also speaking at the event, K. Ravi, President, BCIC, said BCIC’s Tokyo presence, established in 2022, has helped create a sustained channel for connecting Indian businesses with Japanese companies and institutions.

“Through the SMRJ-BCIC Startup Portal, we aim to connect more than 1,000 Indian MSMEs with Japanese companies, investors and technology partners, opening up opportunities for technology partnerships, joint ventures, investments, market access and business collaborations,’’ he said adding this initiative reflected trade body’s commitment to creating meaningful business linkages and expanding opportunities for Indian enterprises in Japan and beyond. “Our aspiration is to make BCIC not merely a chamber of commerce, but a bridge of opportunity connecting Karnataka, India and Japan with the world,’’ Mr. Ravi added.

Mr. Hiroshi Nawata, Consul General of Japan in Bengaluru, said Karnataka was home to more than 200 Japanese companies and over 500 Japanese establishments, reflecting the depth of the economic relationship between the two sides.

While highlighting the strong partnership between Karnataka and Japan, Mr. Hiroshi, said, “Bengaluru’s strengths in information technology, artificial intelligence, research and innovation complement Japan’s expertise in engineering, manufacturing, robotics and industrial excellence.’’

The opportunity before Japan was to bring these strengths together, not merely to increase trade, but to create new technologies, generate employment and build globally competitive businesses, he added.

Mr. Nawata, called for deeper cooperation in innovation, industrial development and shared prosperity. He noted that, “BCIC was the only industrial body in India to have established an office in Japan, reflecting its commitment to strengthening institutional and business ties between the two countries.”

As part of the summit, BCIC signed memoranda of understanding with HKBK College, Garden City College and Jain College to provide Japanese language training to engineering students.

The initiative aims to equip students with language skills that can improve their career prospects in Japan and with Japanese companies operating in Bengaluru. The summit also featured a panel discussion titled: The Japan Way: Driving Excellence in Indian Manufacturing through Adoption of Japanese Practices.

  • technology
  • talent
  • land
  • karnataka
  • business
  • delegation
  • partnership

Summaries and tags are generated automatically. Stay informed with VidiaNews.

Related news

KIC and Mastercard Foundation announce Winners of 2026 AgriTech Challenge Pro
business

KIC and Mastercard Foundation announce Winners of 2026 AgriTech Challenge Pro

The Kosmos Innovation Centre (KIC), in partnership with the Mastercard Foundation, has announced the winners of the 2026 AgriTech Challenge Pro. Speaking at the event, Stanley Amamu, Programs Manager for KIC, highlighted: “At the Kosmos Innovation Centre, we believe that Africa’s agricultural transformation will be driven not only by what we produce, but also by how we innovate, how we build businesses and how we create opportunities for young people to participate in the agricultural value chain”.

Read →
Crypto ‘scammers on overdrive’ as Binance customers pull billions from accounts after $6.3bn hack – business live
business

Crypto ‘scammers on overdrive’ as Binance customers pull billions from accounts after $6.3bn hack – business live

Rolling coverage of the latest economic and financial news Elsewhere this morning: oil prices have retreated after reports that US president Donald Trump wants to give diplomacy with Iran more time before possibly restarting strikes after the midterm election result. Brent crude, the international benchmark for oil prices, is down 2.6% to about $110 a barrel.

Read →
Nigeria targets wider access to West African markets
business

Nigeria targets wider access to West African markets

FG urges businesses to exploit ECOWAS trade scheme By Boluwaji Obahopo, Lokoja LOKOJA — The Federal Government has urged Nigerian manufacturers, farmers and entrepreneurs to take advantage of the ECOWAS Trade Liberalisation Scheme (ETLS) to expand their businesses into West African markets. The Minister of State for Foreign Affairs, Ambassador Sola Enikanolaiye, made the call at the ECOWAS Trade Liberalisation Scheme Sensitisation Workshop for the North-Central zone, held in Lokoja, Kogi State, in collaboration with the ECOWAS Commission.

Read →
We need committed partners willing to build with us – Victor Smith
business

We need committed partners willing to build with us – Victor Smith

Ghana’s Ambassador to the United States, Washington, D.C., Ambassador Victor Emmanuel Smith, has called on American investors and the Ghanaian diaspora in Tennessee to become willing partners to help build alongside the many changes and developments which are ongoing in Ghana under President John Mahama, for shared prosperity. Accompanying the Ambassador were the Board Chair of the Ghana Medical Trust Fund, Mrs. Adjoa Obuobia Darko-Opoku, and Mr. Michael Yamson, Administrator of the District Assemblies Common Fund (DACF).

Read →