Madhya Pradesh chief minister Mohan Yadav joined a round table meeting and held one-on-one meetings with industrialists in Mumbai to boost investment opportunities in the state.
He also requested entrepreneurs to the Global Investor Summit (GIS) 2025 and Regional Industry Conclave (RIC).
GIS will be held in Bhopal early next year, and the next RIC will be held in Jabalpur on July 20.
Yadav said that a favorable environment has been created for investment in Madhya Pradesh in terms of industry, trade, and business.
He added that there are immense possibilities of investments in all sectors like energy, tourism, health, and mining.
The state government has made adequate provisions in the Budget to encourage industry and trade.
On the RIC, he said a decision has also been taken to hold industrial summits in different areas focusing on the conditions and specialties of those regions of the state.
“RIC will be more of action than intentions. The focus will be on quicker delivery of projects and direct facilitation to investors across departments,” said Chandramauli Shukla, MPIDC managing director.
The earlier edition of RIC was held on March 1 and 2 in Ujjain where investment proposals worth about Rs 10,000 crore were received.
During discussions in Mumbai, Reliance Anil Dhirubhai Ambani Group Chairman Anil Ambani proposed an investment of Rs 50,000 crore in the defence and new and renewable energy, sources said.
The chief minister met 25 industry representatives. The CMD of Larsen & Tourbo, SN Subramaniam proposed an investment in the IT complex and data centre.
The chief exectutive officer of Parle Agro, Schauna Chauhan, gave investment proposals on the production of beverages and dairy products.
The chief minister also discussed with the managing director of Grasim Industries, AK Agarwal, MD of GSW Cement & Paint Parth Jindal, and MD and CEO of Hettich India Andre Eckholt.
First Published: Jul 14 2024 | 9:00 PM IST
