Indo-Japan business collaboration sought to break new grounds in state’s industry

In a landmark move that could redefine the industrial landscape of the state, the Chamber of Industrial and Commercial Undertakings (CICU) concluded its Tech Show 2025 with a high-impact session focused on joint ventures, technology transfer, and B2B collaborations.

The event, held under the visionary leadership of CICU president Upkar Singh Ahuja, brought together top-tier Indian entrepreneurs and Japanese experts to explore transformative partnerships aimed at propelling Punjab’s industries into the global arena.

The highlight of the final day was the session titled “Joint Venture and Technology Transfer – Opportunity to Grow Your Business”, which featured distinguished speakers including Yasumi Suzuki, Indo-Japan Business Consultant and Mentor; Dr VK Gupta, Director of AOTS Alumni Society, Delhi; and Lalit Kumar Gupta, advisor and consultant.

These industry veterans shared deep insights into cross-border collaboration, innovation ecosystems and the cultural synergies that make Indo-Japan partnerships uniquely powerful. Their message was clear — Punjab’s industrial sector stands at the cusp of a global transformation, and strategic alliances with Japan could be the key to unlocking its full potential.

Upkar Singh Ahuja, known for his relentless efforts to internationalise Punjab’s MSME and large-scale industries, played a pivotal role in orchestrating this initiative. His commitment to engaging Japanese companies and mentors ensured that local enterprises had direct access to global expertise and investment opportunities. Speaking at the event, Ahuja emphasised that the goal is not just to modernise Punjab’s manufacturing capabilities but to position the state as a hub for advanced, sustainable and globally competitive industry.

The session generated an overwhelming response, with business queries totalling approximately Rs 1,300 crore. These discussions covered a wide spectrum of industrial needs, including advanced machinery, green manufacturing technologies, automation solutions and joint research ventures. “The sheer volume of interest from Japanese firms underscored Punjab’s growing reputation as a preferred destination for technology-driven collaborations and foreign investment,” said Ahuja.

Beyond business, the event highlighted the deeper cultural alignment between India and Japan. Yasumi Suzuki, in his keynote address, captured the spirit of the collaboration, stating, “When Indian entrepreneurship meets Japanese technology, it is not just a business deal—it is the beginning of a new era of trust, innovation and shared prosperity. The partnerships being explored here in Punjab have the power to create global benchmarks in manufacturing excellence.”