CM returns with Rs 78K crore investment proposals

| | BHOPAL
  • 0

CM returns with Rs 78K crore investment proposals

Sunday, 01 December 2024 | Staff Reporter | BHOPAL

India's global stature is steadily rising, and under the leadership of Prime Minister Shri Narendra Modi, the nation is building a unique and powerful identity. His "what he says, he delivers" approach has been an inspiration worldwide.

Madhya Pradesh reaped the benefits of Prime Minister Modi's exceptional global reputation during the recent six-day visit to the UK and Germany, securing investment proposals worth approximately ?78,000 crore from industrialists and investors. These investments are poised to drive the state's overall development and create substantial employment opportunities for its techno-savvy youth.

Speaking with the media on Saturday at Samatva Bhawan in the Chief Minister's residence after returning from the foreign tour, Yadav emphasized that the visit aimed not only to attract investments but also to explore key industries, research centers, educational institutions, and cultural hubs to bolster the state's holistic growth.

The goal was to inspire the youth of Madhya Pradesh, foster employment opportunities, and position the state as a global hub for investment, technological collaboration, and cultural exchange. Dr. Yadav further stated that the visit was strategically designed to present Madhya Pradesh as a future-ready state and to promote partnerships across various sectors. A concerted effort was also made to highlight and attract participation in the upcoming Global Investors Summit, scheduled to be held in Bhopal in February 2025. The tour showcased Madhya Pradesh's readiness to embrace global collaborations and set new benchmarks in development.

Yadav said that the focus sectors for investment during his visit to the UK and Germany were minerals, semiconductors, health, automobile, electronic vehicle (EV), renewable energy, education, and food processing. During the visit to UK and Germany, in-depth discussions were held with investors to promote investment to accelerate industrial, technological, and environmental development in the state. Technological research, green energy, and industrial development in Germany were particularly discussed. Here the focus was on strategies to promote industries with environmental sustainability.

Yadav said that foreign investors were highly impressed by the industrial-friendly policy of the Future Ready State Madhya Pradesh when after a discussion with the officials and the company head, the decision to allot the land to the company was immediately taken and the allotment letter was handed over. In the technical sector, a proposal was made in the Sagar Regional Industry Conclave by a German and Indian company to jointly set up a unit in Acharpura, Bhopal. The German investor of this company was provided land allotment letter in Germany. The company will invest more than Rs 100 crore in Bhopal.

The discussions on investment in the health and pharmaceutical sectors yielded encouraging results. An investment proposal of Rs 3000 crore has been received in this sector. The company will set up its plant in the Smart Industrial Park of Indore. The company gave its full consent after observing the policy of Madhya Pradesh. After discussing with the managers of the company working in the health sector, an immediate decision was taken to allot the land. The health sector has attracted investors to produce modern medical equipment and medicines.

During the foreign visit, the focus was on setting up various industrial units for better utilization of the abundant reserves of mineral resources in the state.

Sunday Edition

A Voice That Heals

01 December 2024 | SAKSHI PRIYA | Agenda

Michelin Magic on a Plate

01 December 2024 | SAKSHI PRIYA | Agenda

CHEF MATTIA’S ITALIAN TREATS

01 December 2024 | Abhi Singhal | Agenda

World Food Carnival

01 December 2024 | Team Agenda | Agenda

Coorg: Where coffee culture meets aspirational avocados

01 December 2024 | Gyaneshwar Dayal | Agenda

The Tuning Fork | An Emotion can Compromise and Corrupt

01 December 2024 | C V Srikanth | Agenda