Bhopal
Madhya Pradesh received an investment proposal of ₹ 26.61 lakh crore in the Global Investors Summit (GIS). This summit lasted for two days. Bhopal received the highest investment proposal of ₹ 5.8 lakh crore. Indore and Ujjain received an investment proposal of about ₹ 4.7 lakh crore. Large companies like Adani Group, Torrent Power, Reliance Industries Limited and Awada Energy Private Limited promised investment. These investment will be in many areas like renewable energy, hospitality, mining, food processing, IT, data centers and urban development.
Bhopal division most interested
Special interest in investment in Green Energy, Aviation, Hospitality Projects, Healthcare, Educational Institutions and Urban Development was shown in Bhopal and surrounding areas. NHAI announced a plan to build Indore-Bhopal-Jabalpur Greenfield High-Speed Corridor. There will be an investment of ₹ 1.3 lakh crore in this project. For this, MoU has been signed with the Madhya Pradesh government. This MoU is for land acquisition and local assistance.
Cance Technology has promised to invest ₹ 352 crore for SMT manufacturing at IT Park in Bhopal. This will create about 1,650 jobs. An investment of ₹ 500 crore between Inavia Aviation Consultants GMBH and MP Civil Aviation was signed to create maintenance, repair and overhaul units in Bhopal. Another MOU was accompanied by Pradhan Air. Under this, a small intra-state airline named Ujjain Air will start in Madhya Pradesh with an investment of ₹ 150 crore.
Drawing policies
The National Institute of Pharmaceutical Education and Research will set up a facility at Bhopal. This will further enrich the educational and research scenario of the region. MPIDC managing director Chandramouli Shukla told our associate newspaper Times of India that new policies focused on every sector have helped to attract major investment proposals. Due to attractive policies and availability of land in the state, almost every region has received investment proposals at the summit. There was a lot of inquiries in Indore region. Manufacturing, renewable energy, mining and urban development have acquired maximum investment intentions during the summit.
That is, new policies have been made for every sector. This has helped to attract investors. Due to good policies and land available in the state, almost every region has received investment proposals. Investors made a lot of inquiries in the Indore region. The most investment has come in manufacturing, renewable energy, mining and urban development.
Interest in Indore too
Indore region attracted investment proposals of ₹ 4.76 lakh crore. Torrent Power and Akshat Greentech Private Limited in Indore have promised big investment. In the Hospitality Sector, Indo European Research and Healthcare Private Limited, Rusan Pharma Limited, Alpha Laboratories Limited and Mayank Welfare Society Index City Hospital have committed investment. This summit is an important step for the development of Madhya Pradesh. This will create new employment opportunities in the state and strengthen the economy. The government hopes that these proposals will create millions of jobs. This summit can prove to be a game changer for the development of the state
Division- Proposed amount of investment
Bhopal – 5 lakh 82 thousand 93 crore
Ujjain- 4 lakh 77 thousand 506 crore
Shadol – 1 lakh 58 thousand 402 crore
Jabalpur – 1 lakh 6 thousand 970 crore
Reva – 68 thousand 475 crores
Indore– 4 lakh 76 thousand 245 crore
Narmadapuram– 2 lakh 93 thousand 522 crore
Sea – 53 thousand 657 crores
Chambal – 52 thousand 92 crores
Gwalior – 27 thousand 363 crore
Total- 22 lakh 96 thousand 325 crore rupees
Significantly, the Regional Summit was organized before the Global Investor Summit to woo investors in MP. Through the Regional Summit, the government had tried to develop in every field. Its effect has also been seen.
