Bhopal
Madhya Pradesh Chief Minister Mohan Yadav has returned from his trip to Germany. BJP leaders and workers gave him a warm welcome in Delhi. During this, he expressed his gratitude to everyone and also said that under the leadership of PM Modi, we are moving forward step by step.
Earlier, CM Yadav told Germany that Madhya Pradesh is rich in skilled management and natural resources. Lap Group’s presence in Madhya Pradesh for more than a decade shows that the state has reach not only in the country but also in the markets of South Asia. The group has made Madhya Pradesh its base after Bangalore and has invested more than Rs 100 crore.
Chief Minister Dr. Yadav assured the German investors that under the leadership of Prime Minister Narendra Modi, investment possibilities have expanded not only in the country but also in Madhya Pradesh. Under his visionary leadership our strength doubles.
Let us tell you that during his visit to Germany, Chief Minister Dr. Yadav visited the factory in Stuttgart on Friday along with Lapp Group CEO Matthias Lapp and his team. He invited the management of various industrial groups to invest in Madhya Pradesh, which has immense potential for investors. CM Yadav invited investors to attend the proposed Global Investors Summit in Bhopal. He said that investment in Madhya Pradesh will open doors to new possibilities for the industry.
Invested more than Rs 100 crore
Referring to the historical relations between India and Germany, Chief Minister Dr. Yadav expressed happiness that Lapp Group made Madhya Pradesh its factory base after Bangalore. He expressed gratitude to Mathias Lapp, CEO of Lapp Industry Group, for the fact that he has invested more than Rs 100 crore in Madhya Pradesh since 2012.
Was established in 1959
It is noteworthy that LAPP Group is a leading company in industrial cabling and connectivity solutions. It was established in the year 1959. It houses state-of-the-art research centers that manufacture industrial cabling and connectivity products. The institute also manufactures high quality cables, connectors and accessories for sectors like energy, automotive, machine manufacturing and industrial automation.
when and how much investment
LAPP India Private Limited, a subsidiary of Lapp Group in India, has invested Rs 141.5 crore in its Pilukhedi (Rajgarh) manufacturing unit in the last decade. Investment of Rs 44 crore in the year 2012 for production of single core wires, Rs 13.5 crore in the year 2014 for expansion of multi core control cable product line, Rs 22 crore in the year 2018 to increase manufacturing capacity under Make-in-India initiative. Crore and invested Rs 62 crore for the latest e-beam and compounding plant in the year 2024, thereby creating new employment opportunities. The company has expanded its manufacturing unit by 30 thousand square feet, providing direct employment to hundreds of people in Bhopal and surrounding areas of Rajgarh.
CM Yadav went on 24th November
Let us inform that Chief Minister Dr. Mohan Yadav was on a visit to UK and Germany from 24th November to 30th November to bring investment in the state. This was the first foreign visit of the Chief Minister which was done with the aim of promoting investment in the state and taking new heights to the industrial development of the state. During the visit, the Chief Minister held discussions with industrialists in the UK and Germany. Investment proposals worth about Rs 60 thousand crore have been received in the state from UK. At the same time, the German company will set up an industrial unit for X-ray manufacturing in Bhopal for Rs 100 crore. Its little Chief Minister has also allotted land to the German company. Chief Minister Dr. Mohan Yadav said that the allotment of land to German company ACEDS in Bhopal is just a beginning. This partnership will not only bring a new wave of industrial development but will also become a part of the overall development of the state. Chief Minister Yadav will address the media today at 5 pm regarding his visit to Germany and UK. During this time he will give detailed information.
