Bhopal

Indore smart city to get investment of Rs18,000 cr

Staff Reporter

Besides investment on smart city project, the commercial capital of Madhya Pradesh, Indore will attract an investment of Rs 18,000 crore on metro and other projects.

 Chief Minister Shivraj Singh Chouhan has said that Madhya Pradesh has conducive atmosphere for investment. He invited Japanese investors to invest in the state. For them, a world class industrial township will be developed at Pithampur. The township will provide them various facilities in accordance with Japanese culture, language and facilities including education, health, restaurant, market, entertainment etc.

The Chief Minister was addressing a Japanese investors' seminar at Pithampur in Indore on Wednesday. Industries Minister Yashodhara Raje Scindia, Chief Secretary Anthony DeSa, industrialists from Japan Seji Takaji, Nayeshu Nagochi and CP Sharma were also present on the occasion.

 The Chief Minister said that Japan and India have friendly ties for centuries. They also share commercial and cultural relations. He called for further cementing these ties. The state has all the resources and facilities for investors. Madhya Pradesh is an island of peace. All basic facilities including power, roads and water are available here. There are better education facilities. Skilled manpower is also available. The state has industry-friendly policy, he added.

 Chouhan said that single-table instead of single-window arrangement has been made for investors where problems of investors are being solved under one roof.

He informed that land bank of 25 hectares has been developed to set up industries. Investors can choose land online and they would be allotted the same immediately.

Japanese ambassador in India Kenji Hiramatsu said that several Japanese companies have invested in many Indian states including Chennai, Andhra Pradesh, Maharashtra etc. Now Madhya Pradesh has emerged as the strongest economic zone in India.

He said that Chief Minister Chouhan had visited Japan in October, met Japanese Prime Minister, Finance Minister and Industries Minister and signed MoUs. During journey, he had also invited a number of Japanese investors to Madhya Pradesh. Due to it, Japanese investors started evincing interest in investing in Madhya Pradesh.