Essel Group Chairman Subhash Chandra on Friday asked Madhya Pradesh Chief Minister Shivraj Singh Chouhan to allot him five cities in the state to enable him to turn these into "smart cities".
"I was personally thrilled to hear the announcement of 100 smart cities by Prime Minister Narendra Modi because we were also thinking on those lines. Give us five existing cities. It can be through competitive bidding also, so that we can build them into smart cities," Chandra said, while speaking here on the last day of the three-day Global Investors Summit.
He added: "If we are given these cities, it would require an investment of Rs 7,500 crore."
Chandra also said he would invest Rs 50,000 crore in the state if all his six proposed projects were cleared.
