Commerce, Industries and Employment Minister Yashodhara Raje Scindia invited leading industrial houses on Wednesday to Global Investors Summit to be held in Indore in October. She said that Madhya Pradesh has immense investment potential in various sectors.
Madhya Pradesh Government is keen to extend all possible cooperation to them. She said that apart from peaceful atmosphere, Government’s cooperation is also forthcoming in Madhya Pradesh, which is necessary for establishment of a new industry.
Scindia met Executive Chairman of larsen & Toubro AM Naik in his office. Naik informed her about various units of the company. He evinced interest to work under PPP mode.
Informing about availability of 104 acre land in Gwalior, Scindia invited the company to invest in defence spare parts sector in the state.
Scindia also called on BlA Industries Private limited’s Managing Director Shri Anup Agrawal and Vice-Chairman Harsh Duggar. She also held discussions with Volksvagen’s CMD Mahesh Kodumudi and Chief General Manager Pankaj Gupta regarding investment in Madhya Pradesh.
CMD of Mahindra and Mahindra Anand Mahindra was also contacted by Raje Scindia. Urging minimum taxation on electric cars, Mahindra evinced interest in production of company’s electric car “Reva” in Madhya Pradesh.
Mahindra showed interest in investment in low-cost housing projects at Pithampur and other industrial areas of the state.
He expressed intention to start low-cost housing project under PPP mode in Madhya Pradesh if the State Government gives sanction within maximum 30 days through single-window system. He also expressed interest in investment in Smart City scheme of Madhya Pradesh Government apart from aerospace in defence sector and aviation.
Mahindra said they are interested in establishing solar and wind power-based industries in the State.