Mahindra Lifespace Developers Ltd., through its subsidiary Mahindra Industrial Park Chennai Limited (MIPCL) and its joint venture partner Sumitomo Corporation, signed a Strategic Cooperation Agreement with the Osaka Government and the Osaka Industrial Development Bureau to facilitate the entry of Japanese companies into India.
The agreement, announced on Friday, strengthens India–Japan industrial collaboration by positioning Chennai as a hub for Japanese investments, particularly in manufacturing.
Key details of the agreement
MIPCL, the developer and operator of Origins by Mahindra, together with Sumitomo, will act as facilitators for Osaka-based companies looking to establish operations in India. They will support business visits, consultations, and knowledge-sharing seminars in Osaka, while the Osaka authorities will identify and recommend potential investors from Japan.
The collaboration aims to streamline the process for Japanese firms by offering regulatory guidance, on-ground support, and access to world-class infrastructure, ensuring their smooth entry and expansion into India.
Comments from Mahindra Lifespaces leadership
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Amit Kumar Sinha, Managing Director & CEO, said:
“This partnership reflects our vision to build future-ready ecosystems that align with India’s manufacturing ambitions. It underscores our focus on setting new benchmarks through successful Public-Private Partnerships (PPPs), enabling sustainable industrial progress.” -
Vikram Goel, Chief Business Officer (Industrial), added:
“Our engagement with Osaka marks a milestone in enabling global investments through our industrial ecosystems. ‘Origins by Mahindra’ is tailored for international manufacturers, offering operational readiness, regulatory support, and integrated infrastructure.”
Why Chennai?
India’s projected GDP growth of 6.3% in FY25, coupled with Chennai’s strong port connectivity and industrial ecosystem, make it an attractive destination for Japanese companies. Origins by Mahindra in Chennai already hosts six Japanese clients and spans approximately 600 acres.
About the stakeholders
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Origins by Mahindra, Chennai: A joint venture between Mahindra World City Developers (a PPP with Tamil Nadu Industrial Development Corporation) and Sumitomo Corporation. The cluster is IGBC Platinum pre-certified and strategically located on NH-16, part of the Golden Quadrilateral.
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Mahindra Group: A multinational federation of companies with a presence in over 100 countries, focused on ESG leadership, rural prosperity, and urban living.
This collaboration is expected to deepen India-Japan economic ties, enhance Tamil Nadu’s role in global supply chains, and contribute to India’s industrial growth story.
