A meeting of the Cabinet Committee on Investment, chaired by Chief Minister Mohan Yadav on Tuesday, granted approvals for ten projects worth over Rs 2,000 crore and concluded that sustained efforts will continue to promote a conducive environment for the creation of investment opportunities in the state.
The meeting of the key council comes amidst ongoing efforts to garner fresh investments for the state through regional industry conclaves in various parts of the state.
The units approved at the meeting include three textile units: Lakshminath Kalpana (Khargone), Vishweshwara Denim (Neemuch), and Mohini Active Life (Indore); food processing units including Dabur (Dhar), Hindustan Coca-Cola (Rajgarh), Modellez (Bhind), Draitek (Pandhurna), and Bakers Villa (Indore); and an engineering unit, Shakti Pumps (Dhar), as well as an FMCG unit, Shivani Detergent (Dhar).
These projects will bring approximately Rs 2,100 crore in investment to the state, with the state government providing incentives such as subsidised electricity, capital subsidies, employment generation subsidies, and training incentives.
Around 6,200 individuals will directly benefit from employment opportunities generated by these projects.
