Chief Minister Mohan Yadav positioned Madhya Pradesh as India's emerging epicenter for trade, business, and exports, addressing a massive gathering of investors in Gwalior. The Abhyudaya Madhya Pradesh Growth Summit served as the platform for this significant push, where the state's leadership rolled out the red carpet for domestic and global capital.
MP's Strategic Pitch: Heart of India, Hub of Opportunity
CM Yadav emphasized the state's unique geographical and spiritual positioning. "Madhya Pradesh, besides being the heart of the country, is also a major center of the nation's spiritual energy. Madhya Pradesh has infinite possibilities," he stated. He assured investors of a conducive ecosystem, citing the state's rank among a select group offering natural resources, industry-friendly policies, robust infrastructure, and stable governance.
Detailing the reforms, Yadav highlighted that the state has introduced 18 new industry-friendly policies. These are supported by a substantial land bank, ample water resources, skilled manpower, strong logistics links, and a transparent administrative system. He invited partnerships across a diverse range of sectors including:
- Renewable Energy
- Automobiles & Textiles
- Food Processing & Pharmaceuticals
- IT & Petrochemicals
- Education, Research, and Tourism
"Madhya Pradesh is fully committed to long-term partnership with investors. Investors should remain connected with the heart of India. Madhya Pradesh will also never lag behind in cooperating and partnering with investors," Yadav affirmed.
Mega Launch: Shah Inaugurates Projects Worth Rs 2 Lakh Crore
The summit witnessed a landmark moment as Union Home Minister Amit Shah, with a single click, performed the ground-breaking and inauguration of investment proposals worth over Rs 2 lakh crore. This virtual ceremony also included land allotments and the issuance of letters of intent.
In a significant financial boost, incentive assistance of Rs 1,812 crore was distributed instantly through the same digital mechanism. Shah personally handed over land allotment letters and Letters of Intent (LoIs) to four major investors on stage, namely:
- McCain Group
- LNJ Bhilwara Group
- Green Vent Pvt Ltd
- Nature's Bio Foods
Providing further context, CM Yadav revealed that the state has received investment proposals worth over Rs 30.77 lakh crore since the Global Investors Summit, of which proposals worth Rs 8.57 lakh crore have been approved. These approved projects have the potential to create over six lakh jobs.
Indore Region Leads with Major Job Creation
A specific focus was on the Indore region, where intent letters for public investment and land allocation were issued to 80 industrial units. These units propose investments of Rs 26,140 crore and are expected to generate 62,952 jobs. Key companies in this cluster include Shyam Steel and Power Limited, Helios Group, and Suzermel Tea, among others.
"Today the investment proposals received at Global Investors Summit are being dedicated and foundation stones are being laid. That day there were proposals, today there are projects," Yadav remarked, underscoring the transition from intent to action.
Summit Highlights and Broader Development
The event was multifaceted, featuring several key initiatives and displays:
- Launch of an e-Zero FIR facility to strengthen action against cyber financial crimes.
- An exhibition on the life and contributions of former PM Atal Bihari Vajpayee.
- Release of a coffee table book, 'Resources, Reforms and the Rise,' and a booklet on investment-employment achievements.
- Thematic sessions on MSMEs, skill development, technical education, employment, and ODOP (One District One Product).
- Foundation stones laid for 70 development works in Gwalior worth Rs 170.83 crore, including hostels and water supply schemes.
The summit saw robust participation, with over 25,000 investors, industry representatives, and experts in attendance. This included a strong contingent of over 15,000 MSME stakeholders from sectors like agriculture, food processing, energy, textiles, pharma, and IT, highlighting the widespread interest in Madhya Pradesh's growth story.
