Japanese firm Toppan Speciality Films sign MoU with Punjab to invest ₹400 cr in state

Published on: 04 Dec 2025 at 04:09 PM

Published by: Fact News

Fact News Service

Chandigarh, December 4: Leading Japanese firm Toppan Speciality Films Private Limited (TSF) has signed a memorandum of agreement (MoA) with the Punjab government to invest ₹400 crore in the state as part of its expansion plan. The agreement was signed in the presence of chief minister Bhagwant Mann, who is currently on an official visit to Japan.

The CM said the TSF has formally conveyed its intent to expand its existing manufacturing facility in Punjab, with an estimated investment of ₹400 crore aimed at capacity enhancement, employment generation, technology integration and strengthening its long-term presence in India. Mann assured the company full support for its operations and expansion plans.

Mann said TSF and Invest Punjab have also agreed to collaborate on setting up a skilling excellence centre in the state to boost the training and development of skilled and semi-skilled workers. He said the initiative will play a crucial role in strengthening industry-relevant skills and enhancing employment opportunities within Punjab.

While talking to U-TURN TIMES, Industries minister Sanjeev Arora said that “We have already visited Osaka and Nagoya and now we ware having a roadshow and soon visit Tokyo for further investment. I am sure this visit will be very fruitful for the state from the point of view of employment, workers upskilling and technical assistance.”

Japan’s industry is a diverse and highly advanced manufacturing and service-based economy, known globally for its motor vehicles, consumer electronics, and semiconductors. The country also excels in sectors like robotics, machinery, shipbuilding, and chemicals, though its overall manufacturing sector has lost some global dominance since the 1990s. Key industrial regions include the Keiyō and Chūkyō areas, and the nation relies heavily on imported raw materials.