he Confederation of Indian Industry (CII) has announced its new leadership for Madhya Pradesh for the year 2025-26. Siddharth Sethi, Co-Founder of InfoBeans Limited, has been appointed as the new Chairman, while Siddharth Chaturvedi, Executive Vice President of AISECT Limited, has been elected as the Vice Chairman for the state council. The announcement was made during the CII Madhya Pradesh Annual Session 2025.
The annual session concluded with a conference on the theme "Global Recognition, Local Impact: Inclusive Development for a Developed Madhya Pradesh." The event witnessed participation from key industry leaders and government officials. Addressing the session, Raghvendra Kumar Singh, Principal Secretary of the Department of Industrial Policy and Investment Promotion, Madhya Pradesh, highlighted the government’s latest policies aimed at fostering industrial growth and encouraging investment.
During his speech, Singh emphasized that Madhya Pradesh has become the first state to implement the Global Capability Center (GCC) policy. Additionally, he announced enhancements to the MSME policy, increasing the investment incentive limit to ?200 crore and raising MSME promotion benefits to ?83 crore. These measures aim to attract greater industrial participation and boost economic development in the state.
Singh also outlined other policy initiatives either already launched or in various stages of implementation. He urged industry leaders to explore opportunities to increase investments and contribute to the state's economic growth. Furthermore, he assured the business community that the government is actively facilitating ease of doing business through technology-driven solutions like the Single Window System to expedite approvals and streamline processes.
The newly appointed CII Madhya Pradesh Chairman, Siddharth Sethi, expressed his commitment to working closely with the government and industry to drive sustainable growth and strengthen the state's industrial ecosystem. Vice Chairman Siddharth Chaturvedi echoed these sentiments, emphasizing the importance of collaboration to foster innovation and attract new investments.
