A five star hotel, which is a make shift secretariat of the Madhya Pradesh government during the two-day Global Investors Summit was working 24x7 to facilitate meetings between the government officials and investors. On Sunday night when the officials especially from the industries department were reviewing preparations for the inaugural function of the meet at Labh Ganga Convention Centre, situated quite close to the five star hotel, investors were quite keen to close their investment deals. Two investors namely Hindustan Coppers and SEL Manufacturing were surprised with the rocket speed with which their proposals were scanned by the officials and signed MoUs at 12 midnight.
Hindustan Copper proposes to invest Rs 2,000 crore in Balaghat while SEL Manufacturing has firmed up plan to invest Rs 7,000 crore in the state. Both visibly charged chief minister Shivraj Singh Chouhan and the additional chief secretary (industries) P Dash said they were also amused by the flow of investors and their confidence in the leadership and administration. "There is a single table model where any investor can meet me on Monday with my officials to discuss investment proposals and problems faced bythem. There is no fund funda nor donation business. All decisions are taken in a transparent manner," Chouhan said.
During the first day of the summit, Reliance ADAG chairman Anil Ambani announced investment of Rs 20,000 crore in power and cement in addition to the already proposed Rs 30,000 crore in the coal mining, power and cement in the state. The group would soon enter into MoU with the state government. Similarly, Procter & Gamble CEO Shantanu Khosla also announced investment of Rs 1,000 crore in health care. This is in addition to the existing plant in operation near Bhopal.
Further, the government exchanged MoUs worth Rs 24,370 crore in the field of integrated steel, food processing, urea production, hospital and auto components. The list of MoUs include Amtek Metal and Mining for integrated steel plan and auto park (Rs 9,000 crore), Future Ventures for integrated food park (Rs 2,500 crore), Steel Authority of India for iron orebeneficiation plant (Rs 5,000 crore), Zuari Fertilizers and Chemicals for urea production (Rs5,150 crore), Bharat Forge for new auto component plant (Rs 1,880 crore), Dmulasia Solar Energy for 100 MW project (Rs 1,000 crore), Cadbury India (Rs 550 crore), TCS for IT unit (Rs 410 crore), HUDCO in infrastructure (Rs 2000 crore), VIT University for setting up new university (Rs 500 crore), Centum Work Skills for high end it is (Rs 80 crore) and Rockland Hospital (about Rs 200 crore).
Meanwhile, during the session on infrastructure development the government signed facilitation MoUs worth Rs 11,566 crore. This is in addition to HUDCO’s Rs 2,000 crore as listed above for strengthening urban watersupply and urban infrastructure development schemes.
SPS Parihar, principal secretary, urban development said the government had advertised total shelf of projects worth Rs 30,078 crore in infrastructure sector. Interests have come for projects worth Rs 25,589 crore.
