MP Attracts ₹8,635 Crore Investment Proposals

Madhya Pradesh attracted investment proposals worth ₹8,635 crore with the potential to generate 5,785 jobs at the Interactive Session on Investment Opportunities in Madhya Pradesh held in Ahmedabad, Gujarat.

The session was chaired by Chief Minister Mohan Yadav and attended by over 500 industrialists, investors, and corporate representatives.

Addressing the gathering, Yadav highlighted the significant investment opportunities in Madhya Pradesh, particularly in the petrochemical, chemical, textile, pharma, food processing, and automobile sectors. He mentioned the upcoming chemical refinery at Bina, the 360-acre Medical Device Park in Ujjain, and the PM MITRA Parks being developed in Dhar and Navsari.

Yadav assured investors that they need not worry about land, water, or power, as industrial land is available at reasonable rates and the state has adequate infrastructure. He also mentioned that Plug-and-Play Zones are being developed and 48 new industrial parks are coming up over 19,000 acres.

The Chief Minister emphasized the state's connectivity, citing 8 airports, 6 Inland Container Depots (ICDs), expressways, and highways, making it an attractive investment destination.

Yadav also held one-to-one meetings with more than 15 industrialists, including Chintan Thakur of the Welspun Group, who shared his positive investment experience in Madhya Pradesh.

The investment proposals were given by various companies, including Goldcrest Cement, Aegios Polyfilms Production Ltd, Gujarat Ambuja Exports Ltd, and Eris Lifescience Ltd, among others.

The total investment proposal of ₹8,635 crore is expected to generate 5,785 jobs in the state.

This development is a significant boost to Madhya Pradesh's economy, showcasing its potential as a growth engine of the country.

The investment proposals and the state's efforts to improve infrastructure and connectivity are expected to have a positive impact on the region's economic growth and development.