Apart from those industrialists who evinced interest in investing in Madhya Pradesh at Global Investors Summit, other major industrial groups are also presenting proposals for setting up units in the State.
In this regard, representatives of Mine Corp India and Palladam Hi-tech Weaving met Chief Minister Shivraj Singh Chouhan and presented their proposals here on Monday. A representative of Ultratech Cement also called on the Chief Minister.
Mineral Resources and Energy Minister Rajendra Shukla and Chief Secretary Anthony DeSa were also present on the occasion.
During meeting with the Chief Minister, chairman of Mine Corp India Sajid Khan informed that his company intended to set up a global-level stone processing unit in Madhya Pradesh with estimated capital investment of Rs 1,100 crore.
Better quality sandstone, granite and marble are available in Madhya Pradesh. About 4000 people will get employment through this unit. Products of the unit will also be exported. Chouhan directed to take prompt action on Mine Corp’s proposal and permissions given through single window and transparent process.
Director of Palladam Hi-tech Weaving V Rajkumar informed that he wished to establish a Rs 500 crore high-tech textile park project in Madhya Pradesh which will have 100 weaving units and will provide employment to about 5000 people. This project will boost textile industry in the state. It is noteworthy that this group has industrial projects at a number of places in South India including Coimbatore.
The group has come to Madhya Pradesh inspired by Chief Minister Chouhan’s Coimbatore visit.
The Chief Minister directed that the group should be shown proposed places for the project today itself. Senior Executive of Ultratech Cement RM Gupta met the Chief Minister and informed him about Greenfield Cement Project to be established in Satna.
It will be set up with capital investment of about Rs 3000 crore and will provide employment to about 5000 people. Principal Secretary to CM SK Mishra, Secretary Mineral Resources Shekhar Shukla, Secretary Industries Anupam Rajan and TRIFAC’s MD DP Ahuja were also present on the occasion.