Madhya Pradesh attracts investments of over ₹26 lakh crore in two days
The Hindu
Madhya Pradesh's Global Investor Summit 2025 attracts ₹26.61 lakh crore investments, creating 17.3 lakh job opportunities, aiming for economic growth.
Madhya Pradesh received investment commitments worth ₹26.61 lakh crore through Memoranda of Understanding (MoUs) during its two-day Global Investor Summit that concluded on Tuesday (February 25, 2025) in Bhopal, Chief Minister Mohan Yadav said, adding that the proposals were expected to generate 17.3 lakh employment opportunities.
Addressing media persons after the summit, Mr. Yadav said that the total figure stood at ₹30.77 lakh, including investment proposals received at the GIS-2025, seven regional industry conclaves (RICs) held over the year in various parts of the State, and during his visits to various cities, including Mumbai, Bengaluru, and Kolkata, and countries, including Japan, Germany and the United Kingdom. The overall investment offers have the potential to create 21.36 lakh work opportunities, he said.
Union Home Minister Amit Shah, who addressed the closing ceremony, said that Madhya Pradesh’s summit would aid in fulfilling Prime Minister Narendra Modi’s goals of making India a developed nation by 2047, and the third largest economy in the world by 2027. “This Investment Summit of Madhya Pradesh will not only be helpful in achieving these two goals but will also play an important role,” Mr. Shah said.
Mr. Shah said that Madhya Pradesh had become an attractive destination among investors and that it was the first State in the country to pass a Bill for ease of doing business.
“With the kind of action plan the Madhya Pradesh government has prepared, most of these MoUs will soon be implemented on the ground,” Mr. Shah added.
Mr. Yadav also said that the government had set-up a timeframe to evaluate all the proposals within a month and start the work.
“The Chief Secretary and other officials will scrutinise each proposal. We will then approach the industrialists who have given proposals and ask them what more is required. It is also our responsibility to maintain the investors’ trust,” the CM said, reiterating that his government had already reduced the required permissions to set-up industries from 38 to 10.
60-year-old tribal man dies from cardiac problems in Neknamalai Hills due to lack of roads, highlighting rural healthcare challenges.
AVGC-XR industry driving innovation, employment, and economic growth, with Karnataka leading the way, hosting GAFX 2025 conference.
Freemasons Hall in Chennai, a century old building of beauty and secrecy, home to Masonic history and symbolism.
Survey shows increase in employment participation, shift from unpaid to paid work, and time spent on various activities by gender.
Supreme Court emphasizes proportionality in legislative actions, guiding courts to ensure fairness and democratic participation in governance.
Hyderabad Zoo raises ticket prices, adult fare now ₹100, children ₹50, new rates effective March 1.
Madhya Pradesh's Global Investor Summit 2025 attracts ₹26.61 lakh crore investments, creating 17.3 lakh job opportunities, aiming for economic growth.
Ministry of Railways prepares to run 350 trains from Prayagraj during Maha Sivaratri for Maha Kumbh pilgrims.
Gujarat journalist arrested by ED in money laundering case.
NAAC assures Supreme Court that its accreditation process addresses caste discrimination, mental health, and equal opportunities in HEIs.
CPI(M) accuses Union government of stifling Kerala's development, vows to continue fight against alleged anti-development policies.
Rising costs in Coimbatore foundries hinder competitiveness, leading to decreased capacity and loss of business to other states.
At the all fishermen associations and fishing workers meeting organised at Thangachimadam near here on Tuesday, a unanimous decision to launch an indefinite hunger strike on February 28 was taken. Jesu Raja, leader of All Mechanised Boats Fishermen Association, said the hunger strike that would start on Friday would be continued till a positive announcement came from the Union government regarding release of the arrested Tamil fishermen by the Sri Lankan government.