The initiative of Chief Minister Mohan Yadav to organize the Regional Industry Conclave in various areas of the state has opened new doors of industrial revolution in the state. His new mantra of industrial progress has given new energy to the regional entrepreneurs.
Yadav has taken an important and timely initiative to encourage small and medium-scale (MSME) entrepreneurs. Consequently, with the Regional Industry Conclave held in Jabalpur on July 20, investors have given investment proposals worth about Rs 22 thousand crore for setting up large units as well as MSME units. This investment will generate a large number of jobs.
Proposals worth about Rs 22 thousand crores received, more proposals likely to come
Investment proposals worth Rs 17 thousand crore have been received for setting up large units in the state and investment proposals worth Rs 5 thousand crore have been received from MSME units. In this way, a total of investment proposals worth Rs 22 thousand crore were received from small and big industries in the Regional Industry Conclave of Jabalpur. More proposals are likely to come this month For this, the process of communication with leading industrialists is in progress. The biggest investment proposal in Jabalpur REC is Rs 600 crore related to defense equipment manufacturing. Under this, an agreement has also been signed between Ashok Leyland and Armored Vehicle Corporation Limited. This proposal is an important achievement for Madhya Pradesh.
Initiatives for the development of industries at the regional level
Yadav has taken concrete initiatives for the development of industries at the regional level. For this, the use of a new mantra has been started effectively. After the regional conclave held in Ujjain last March, the conclave held in Jabalpur, a major city and industrial center of the Mahakaushal region, was important in many ways. While the inauguration and foundation stone laying ceremony of 67 new industrial units in the state was completed during the conclave, 340 acres of land were allotted to 265 industrial units. The new units will employ more than 16 thousand 500 people in the state. New investments of Rs 3330 crore are coming from 332 units.
After Malwa and Mahakaushal, other areas to be tapped
The Chief Minister had given instructions to organize REC in all the areas of the state. There is a plan to organize a Regional Industry Conclave in other big cities of the state in the coming months. These include Sagar, Rewa, and Gwalior. This will help in encouraging local entrepreneurs to invest in the Bundelkhand, Vindhya, and Chambal regions. Entrepreneurs operating small and medium-scale units in various sectors will move forward to take advantage of the facilities provided by the government. Efforts initiated especially to encourage agriculture, food processing, minerals, defense production, tourism, and textile industries will establish new dimensions of success.
One-to-one meetings providing prompt solutions to problems
Regional Industry Conclaves being held in the state are becoming the basis for the development of industries due to multidimensional activities. While these conclaves prove to be important platforms through buyer-seller meets, one-to-one meetings between Yadav and leading industrialists will prove to be a milestone for the establishment of large industrial units. One-to-one meetings help in the quick resolution of difficulties or any obstacle that arises in providing necessary facilities to the industries. The role of the MSME sector is becoming increasingly important in strengthening the economy of the state.
