Madhya Pradesh is going to seek investments from space tech companies for the first time to take the support of new technologies and use it in the development plans.
For the first time, steps have been taken to get investment in the space technology sector in Madhya Pradesh. The space technology companies provide services of satellite imagery and data analytics. Global monitoring and accuracy of data improves through satellites. These companies are developing the latest technology to monitor space pollution and orbital objects. These companies aim to increase security in space.
Chief Minister Dr. Yadav will interact with industrialists in the two-day investors summit road-show being organized at Bengaluru on the 7th and 8th of August. He will invite major companies in this sector to invest in Madhya Pradesh. He will discuss the possibility of investment in Madhya Pradesh from companies like Pixxel, Digantara, Galaxeye, SatSure KaleidEO Sky Server. SatSure Company provides satellite imagery, which is very useful for the agricultural sector. Similarly, Pixxel company builds and operates small satellites based on Earth’s images.
Chief Minister Dr. Yadav will also interact with IT sector companies and discuss investment possibilities. The Chief Minister will mainly discuss with representatives of companies like Cognizant, NASSCOM, Kyndril, Infosys, TCS, Vision Technology, SISA Infosec Happiest Minds, Delta Capita, Neiman Marcus and Movate.
Apart from this, multinational companies establish Global Capability Centers to manage their global operations in a better way. These centers provide high-quality services and operational efficiency in areas such as financial management, human resource management, IT support, data analytics, and research. They also help in reducing costs and create investment opportunities in the local market.
Chief Minister Dr. Yadav intends to establish Global Capability Centers in Bhopal and Indore as this will create local employment opportunities and also give impetus to the local economy. With the establishment of these centers, the talents of the state can be utilized which will also increase the availability of skilled workforce. These centers will encourage technological innovation and entrepreneurship in cities and also strengthen the local ecosystem.
Chief Minister Dr. Yadav will discuss with major investors the efforts being made in the field of IT in the global and national scenario and the requirements of this sector.
Keeping in view the possibilities of the garment industry in Madhya Pradesh, Chief Minister Dr. Yadav will discuss with major apparel and textile (textile) companies in Bengaluru. Many companies in this sector like Best Corp and Gokaldas are investing in Madhya Pradesh. Investment in the garment industry will strengthen the economic condition of Madhya Pradesh and new employment opportunities will be created. Economic activities will increase. Investment in the garment industry will help Madhya Pradesh to emerge as a major center in the universal garment sector.
Investors will be apprised of the investment opportunities in Madhya Pradesh, investment in the IT sector, tourism, investment in MSME, and the possibilities created in Madhya Pradesh in the garment sector.
