Honda’s Gujarat expansion to create 4,000 jobs by 2027 Roadshow opens doors to FDI in semiconductors, green energy, and autos ahead of Vibrant Gujarat Global Summit 2027
Gandhinagar, 27th October, 2026: With the objective of making Gujarat a leader in global investment and the industrial sector, a high-level state delegation, led by Hon’ble Deputy Chief Minister Shri Harsh Sanghavi, successfully completed a tour of Japan and South Korea. The delegation included senior officials such as the Additional Chief Secretary (ACS) of the Industries Department, Mamta Verma; Industries Commissioner P. Swaroop; Finance Secretary V. Arvind; and Secretary to the Deputy Chief Minister Ashish Kumar. During this tour, a series of meetings was held with entrepreneurs, global companies, and government representatives of both countries, which have strengthened the prospects for major investments in important sectors such as semiconductors, green energy, automobiles, and textiles in Gujarat in the near future. Under the leadership of Hon’ble Prime Minister Shri Narendra Modi and Hon’ble Chief Minister Shri Bhupendrabhai Patel, Gujarat has continuously transformed investments into employment. During Hon’ble Deputy Chief Minister Shri Harsh Sanghavi’s Japan tour, more than 50 meetings were held and four important visits were made. During the visit, the Gujarat delegation held discussions with leaders of Japan’s industry.
More than 200 representatives took part in the Japan tour, during which one-to-one meetings were held with 34 leading Japanese companies. The main companies with whom meetings were held under the leadership of Hon’ble Deputy Chief Minister Shri Harsh Sanghavi included Itochu Corporation, Nippon Steel, Suzuki Motor, Honda Motor, Tokyo Electron, Mizuno, Matsuoka, and Furukawa Electric. Under his leadership, the delegation met the Honda team in Tokyo.
Honda’s expansion plan in Gujarat will create 4,000 new jobs by the end of 2027. Furthermore, four high-level meetings were held in Japan, including with H.E. State Minister, Ministry of Foreign Affairs of Japan, Nakasone Yasutaka, and H.E. Governor of Shizuoka Prefecture, Yasutomo Suzuki. In these meetings, discussions were held on further strengthening the friendship agreement between Shizuoka and Gujarat. Discussions were also held with H.E. Iwate Prefecture Governor Takuya Tasso on reaching a consensus to sign a proposed friendship agreement between Iwate and Gujarat at the upcoming ‘Vibrant Gujarat Global Summit 2027’ (VGGS 2027).
A meeting was also held with the Director General of the Trade Policy Bureau of METI, Japan, Kazushige Tanaka. In addition to the roadshow, four roundtable conferences were held, in which about 100 business leaders from the industrial, textile, and automobile sectors participated. Automobile, semiconductor, textile, biotechnology, sports goods, medical devices, BFSI, chemicals, data centers, and advanced manufacturing were the main focus areas of the delegation’s Japan visit. The delegation emphasized technological exchange by visiting Knowledge Capital (Innovation Hub), Nakanoshima Qross (Life Science Incubation), and the Kobe Biomedical Cluster.
After completion of his Japan tour, the Hon’ble Deputy Chief Minister Shri Harsh Sanghavi reached South Korea. During this visit, emphasis was placed on partnerships in the green energy and semiconductor sectors. The Gujarat delegation received an unprecedented response in South Korea as well. The visit to South Korea saw participation of 105 representatives, and successful one-to-one meetings were held with 16 global companies. The main companies with whom meetings were held under the leadership of Hon’ble Deputy Chief Minister Shri Harsh Sanghavi included Youngone Corp., LS Electric, COSMAX, CS Wind, Orsted, Vestas, Kolon Industries, Seoul Viosys, MagnaTech, Lotte Wellfood, and JT Corporation. Among the companies met by the delegation under the leadership of Hon’ble Deputy Chief Minister Shri Harsh Sanghavi, LS Electric is a leading Korean company in the power equipment and industrial automation sector.
It has special expertise in smart grids, data-center power systems, and factory automation. This expertise could be particularly useful for Gujarat’s industries. Kolon Industries is one of the world’s leading advanced-materials manufacturing companies and the third-largest para-aramid supplier. The company’s products are used in automobiles, technical textiles, and specialty chemicals. Lotte Wellfood is a leading South Korean company in the food and confectionery sector and holds a strong position in the ice cream segment. Through its association with Gujarat’s well-known ice cream brand ‘Havmor,’ the company already has a strong relationship with Gujarat, which provides a strong basis for future investments. Youngone Corporation is one of the world’s largest producers of premium outdoor clothing, sportswear, footwear, and equipment.
In the coming days, it could become an important partner in textile production, exports, and employment in Gujarat. COSMAX is a leading global company in the cosmetics development and contract manufacturing sector. It develops formulations and manufactures products for international beauty brands, offering new opportunities in the field of cosmetics, specialty ingredients, and research. Seoul Viosys is a global market leader in the UV LED sector, with expertise in optical semiconductors and micro-LED displays. The company’s technology is useful in sterilization, water purification, sensing, and advanced electronics. JT Corp is a specialized semiconductor equipment manufacturer focusing on chip testing, sorting, handling, and inspection. For Gujarat’s growing semiconductor packaging and testing ecosystem, the company could become a highly suitable technology partner in the coming years. Delta-X is an emerging Korean company with expertise in computer vision AI and battery energy storage. The company also has a subsidiary in India. Its expertise is especially relevant to smart factories, automated inspection, and energy storage solutions. Under the leadership of Hon’ble Deputy Chief Minister Shri Harsh Sanghavi, five roundtable conferences were also held in South Korea, in which about 60 industrialists participated, representing legal firms, industry, textiles, startups, and biotechnology. Semiconductor, electronics, green energy, advanced manufacturing, chemicals, textiles, biotechnology, and food processing were the main focus areas of this visit by the delegation.
They also visited the Korea Textile Development Institute (KTDI), where discussions were held on adopting innovative technology in the textile sector. The delegation also visited Daegu, South Korea’s leading textile hub, known for its textile and fashion industry. A meeting was also held with representatives of ATCA (Advanced Technology Center Association), which comprises 293 companies working in the field of advanced technology, of which 60 are semiconductor companies. This tour of Japan and South Korea, organized under the leadership of Hon’ble Deputy Chief Minister Shri Harsh Sanghavi, has opened up prospects of large-scale foreign direct investment (FDI) into Gujarat. These discussions with global leaders in the semiconductor, green energy, and automobile sectors will create new employment opportunities for the state’s youth and will further strengthen the foundation for the ‘Vibrant Gujarat Global Summit 2027’.
