Mitsubishi Heavy Industries (MHI) has announced a strategic investment of JPY 150 million (approximately Rs. 8.9 crore) to acquire a 2% stake in HIPUS, a joint venture led by Infosys Singapore. This move aligns with MHI’s broader objective to enhance data-driven procurement capabilities across its global value chain. HIPUS—established in 2019 by Infosys Singapore, Hitachi, Panasonic, and Pasona—aims to deliver end-to-end procurement solutions powered by next-generation digital platforms for Japanese enterprises.