Chief Minister Mohan Yadav, at Regional Industry Conclave, launched the guidelines for the Madhya Pradesh IT, ITES, and ESDM Investment Promotion Policy 2023. Investors expressed confidence in Madhya Pradesh's leadership, foreseeing it as a leading state.
Representatives from various sectors, including industrialists, industry associations, bureaucrats, and major foreign delegates, participated in the conclave. Over 4,000 stakeholders contributed significantly, marking a milestone in the state's industrial development journey.
Various sessions with more than 700 buyers and sellers facilitated discussions between businesses and potential investors. Approximately 30 one-on-one meetings were held between the Chief Minister and leading industrialists. Additionally, letters of intent were issued for the allocation of 340 acres of land to 265 units, expected to create employment for 12,000 people and generate investments worth ?1,800 crores.
Under the Smart City initiative in Jabalpur, the state government announced the allocation and distribution of funds to startups. Regional sessions involving more than 30 speakers and panelists, including senior officials, discussed specific opportunities in tourism, garments, defense, agriculture, food processing, and dairy sectors.
Minister of Public Works, Rakesh Singh, said that Chief Minister Dr. Yadav's vision aims to take the state to new heights. There are immense possibilities for development in the state. He stated that investment flows only when there is a possibility of investing in that sector. Jabalpur's climate, environment, labour force, and their positive mindset are advantageous for industrial development. It is suitable for establishing food processing units because the cultivation of vegetables, and there is a demand for green peas both domestically and internationally. From a tourism perspective, Amarkantak, Kanha, Pench National Park, and Khajuraho are major attractions centered near Jabalpur, providing suitable opportunities for hotel industry development. Bhedaghat and Marble Rocks are also favorable locations for the film industry. Jabalpur houses four defense factories, and private sector investment is also increasing in this sector. Connectivity via Jabalpur railway station and airport facilitates easy access. The state's largest flyover, the country's first geological park, and the second-largest 118 km ring road are under construction here.
Minister of MSME, Chetanya Kashyap, said that the Regional Industry Conclave is a beginning that will distinguish Madhya Pradesh in the country. It started from Ujjain. This conclave will prove to be a milestone for the development of the region. Its objective is not limited to any specific area but aims for collective development of all sectors. It also aims to provide new opportunities for local industrialists, thereby creating direct and indirect employment opportunities.
Minister Kashyap highlighted that under the leadership of Prime Minister Modi, the Make in India program has been initiated, with special focus on the defense sector. According to the vision of Chief Minister Dr. Yadav, establishing a range of industries in the state will promote industrialization.
