Mitsubishi UFJ Securities Holdings (MUFG) announced the launch of its new subsidiary, MUFG Securities (India) in Mumbai, having received approvals from the Securities and Exchange Board of India and the Financial Services Agency of Japan to begin operations.
This strategic expansion marks a significant milestone in MUFG’s commitment to India and its broader Asia Pacific growth strategy, and significantly enhances MUFG’s ability to offer end-to-end financing solutions in India by complementing its position in offshore capital markets, according to the company statement. The INR financing platform will enable MUFG to provide holistic funding options across onshore and offshore project finance, M&A, and structured/leveraged finance.
Takuya Senoo, MUFG Bank regional executive for India and Sri Lanka, said in a statement: “This milestone strengthens our One MUFG approach — bringing together our global expertise and local insights to build platforms that empower India’s growth story. This investment reflects our deep confidence in the country’s potential and our commitment to building long-term value through strategic platforms.”
Mark Henderson, CEO of MUFG Securities Asia and chair of the Board of MUFG Securities (India), said in a statement: “This is a pivotal step in our Asia Strategy that marks not just an expansion of our footprint in India but a significant investment in the future that positions us for greater impact and growth.”