The suggestion to construct a Japanese city in the area around the Yamuna Expressway is a major step forward in cementing trade and investment pacts between India and Japan. The Yamuna Expressway Industrial Development Authority (YEIDA) has welcomed the proposal, with Japanese firms looking to invest over ₹15,000 crore in 1,000 acres of land.

This area of 1,000 acres will be used for establishing various high-tech industries such as semiconductors, AI, green hydrogen energy, solar energy, and the automobile sector. Besides this medical devices and electronics-related companies would also get an opportunity to start their projects here.

Yamuna Authority Japanese City

Japanese organization JETRO (Japan External Trade Organization) has signed an agreement with YEIDA on this proposal in parallel land along the Yamuna expressway region. This is expected to lead to economic & industrial development of the area that would help industries expand more & generate employment opportunities.

It will be mainly dedicated for different high-tech sectors including semiconductors; artificial intelligence (AI); green hydrogen energy; solar energy as well as the automotive sector while at same time proposing for medical devices among others within its vicinity.

This project will greatly contribute towards economic growth by creating jobs across all levels thereby expanding industrialization even further into rural areas where they had not been much emphasis before, furthermore, free electricity supply among other benefits shall be given by the government so as to attract investors.

Businesses that invest here shall receive special incentives like tax holidays; and free power supply from govt.; development of ultra-modern infrastructure among other things too numerous mention now……

This move is going to benefit many people locally through opening up new employment opportunities on a large scale besides creating demand for skilled human resources (manpower). In addition, construction work done during the establishment phase alone will greatly support welfare programs initiated by local community groups thus leading to overall development not only at the national level but also at the regional one since a significant amount is spent on education sector improvement etc.;