'Bid to make MP the driving force of nation's economy'

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The next Summit will be held at Indore from Oct 19-21, 2016

Madhya Pradesh Chief Minister Shivraj Singh Chouhan informed at the concluding session of Global Investors Summit here on Friday that investment proposals of Rs 6.89 lakh crore have been made during the summit.

He said that every possible effort will be made to make Madhya Pradesh the driving force of country’s economy. The next Global Investors Summit will be held at Indore from October 19 to 21, 2016. At the session, the Union Ministers endowed thousands of crores proposals for Madhya Pradesh.

Union Minister for Chemicals & Fertilisers Ananth Kumar said that Madhya Pradesh will become a focal point of industrial development in the country and further announced that the Central Government will develop Petrochemical Petro Investment Region costing Rs 1 lakh crore in Bina refinery area.

Union Minister for Steel and Mines Narendra Singh Tomar said that concept of integrated and balanced development has been concretised in Madhya Pradesh. He said that public sector undertaking SAIl is assessing deposits of 50 million tonne iron ore in Madhya Pradesh.

Union Minister for Social Justice Thawarchand Gehlot said that National Mental Treatment and Rehabilitation Centre costing Rs 50 crore is being established in Madhya Pradesh.

Union Minister of State for Forests and Environment Prakash Javadekar said that clearance had been given to 60 projects of all sectors in last 120 days. These projects include power, irrigation and mining. His department has simplified process for giving environmental clearance. For this, online arrangements have been made.

Union Minister of State for Coal and Energy Piyush Goyal said that development model of Madhya Pradesh was an example for other states. He informed that NTPC has maximum capital investment of Rs 75,000 crore in Madhya Pradesh.

Union Minister of State for Commerce & Industries Nirmala Sitaraman said that the biggest industrial hub will be developed in Pithampur-Dhar-Mhow area under Delhi-Mumbai Industrial Corridor in Madhya Pradesh.

Industrialists present at the function shared their experiences and informed about their investment schemes in Madhya Pradesh.

Ambassador of Spain Gustavo Manuel said that investors are impressed by single-door policy of Madhya Pradesh. His country’s major industries are investing in infrastructure, transport and renewable energy sectors in Madhya Pradesh.

Sweden’s Ambassador Herald Sandburg said that Sweden’s major companies are eager to invest in Madhya Pradesh in service and construction sectors.

Chief Secretary Anthony de Sa presented a summary of the summit. He informed that 32 countries, 9 partner countries and ambassadors of 28 countries participated in it. Investors took part in 38 sessions during the summit where 150 subject experts gave presentations.

At the programme, books “Indore and Surroundings” and “Residency Indore” were released. At the outset, CII’s Director General C Banerjee delivered the welcome address.

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