Union Home Minister Amit Shah on Tuesday said Madhya Pradesh will play a major role in Prime Minister Narendra Modi's goal of making India a developed nation by 2047, and the third largest economy in the world. Speaking at the concluding session of the Global Investors Summit (GIS) organized by the Madhya Pradesh government, he also said the state has emerged as an attractive investment destination because of its strategic location, skilled workforce, and overall pro-business eco-system. "Ten years ago, Prime Minister Narendra Modi had presented a vision before the country's youth and 130 crore people to make India a developed nation by 2047 and third largest economy in the world. Madhya Pradesh, and this GIS will play a major role in fulfilling this resolve," Shah said. It cannot be achieved by the Union government alone, but both the central and state governments will need to work as "Team India," the senior BJP leader said. Chief Minister Mohan Yadav noted in his speech that the
Madhya Pradesh has set a target of doubling the number of startups in the state to 10,000 over the next five years and will set up a Rs 100 crore seed capital fund to promote new enterprises and innovations, state MSME Minister Chaitanya Kumar Kashyap said on Tuesday. The state government has framed a new transparent policy for the MSME with emphasis on ease of doing business and time-bound sanctions of projects and delivery of incentives offered by the state, he said while speaking at the Madhya Pradesh Global Investors Summit (MP GIS) 2025. "We have framed a policy for startups. Already there are 5,000 startups registered in the state and we are targetting to take it to 10,000 in the next five years," Kashyap said. The state is encouraging the startups to focus on manufacturing and providing services, the minister said. "We are also setting up a Rs 100 crore fund for providing seed capital to startups. We want to promote new ideas and innovations by young minds," Kashyap ...
Jobs and professional networking platform Apna.co has signed a Memorandum of Understanding (MoU) with the Directorate of Employment, Government of Madhya Pradesh, at the Invest Madhya Pradesh Summit to drive large-scale employment generation and workforce empowerment across the state and generate 1 lakh job opportunities. The partnership with Directorate of Employment, Department of Technical Education, Skill Development, and Employment would create 1 lakh job opportunities annually, spanning diverse sectors such as retail, BFSI, IT, manufacturing, logistics, and healthcare, Apna.co said in a release. The MoU was signed in the presence of Inder Singh Parmar, Minister of State for School Education, and Gautam Tetwal, Minister of State for Skill Development and Employment. "Through this collaboration, millions of job seekers across Madhya Pradesh will gain free access to a diverse range of job opportunities through Apna," it said. It further said that the initiative offers a targeted
Madhya Pradesh on Tuesday signed 19 MoUs in the co-operative sector with an aim to boost farmers' income while offering raw material sourcing avenue for private companies. These MoUs (memoranda of understanding) were signed in the presence of Chief Minister Mohan Yadav at the ongoing Madhya Pradesh Global Investors Summit (MP GIS) 2025. Yadav said the Centre and the state government are taking steps to promote cooperative movement in the country. He assured full support to the investors in all their endeavour in the state. Speaking at the event, state Cooperation Minister Vishwas Kailash Sarang said the state government is promoting C-PPP (co-operative- public private partnership) in a big way and hoped that this new model becomes highly successful. "This model will be a win-win situation for all. Farmers' income will increase while private companies will get assured raw materials. The companies can also sell final products through the co-operative societies," the minister said.
Technology companies across segments have committed to investing Rs 25,640 crore in Madhya Pradesh that will lead to creation of over 1.83 lakh employment opportunities in the state, an official statement said on Tuesday. The commitments were received from 35 entities during the IT and Technology Summit at GIS 2025. "The state secured a total investment of Rs 25,640 crore across various technology sectors, creating approximately 1,83,400 employment opportunities," the statement issued by the Madhya Pradesh government said. Major investment commitments of Rs 12,350 crore have come in the space of electronics manufacturing from eight entities with promise to generate employment for 14,000 people. With investment of Rs 5,500 crore, IT and ITes entities have promised to be the biggest job generator in the state with 93,000 employment opportunities, followed by GCC (global capability centres) investment of Rs 700 crore that will create 40,500 jobs in the state. "Madhya Pradesh stands a
The incentives offered by the Madhya Pradesh government will help the state attract the highest investments from the tourism and hospitality sector in the coming years, Union Minister Gajendra Singh Shekhawat said on Tuesday. Addressing the Madhya Pradesh Global Investors Summit (MP GIS) 2025 here, the Tourism Minister said Madhya Pradesh has the power to meet the aspirations of tourists looking to explore all kinds of experiences from spirituality to mountains, etc. "We are sitting on the gateway of a bright future in this (tourism) sector. I would appeal to all of you for maximum investments, wherever there is a possibility in Madhya Pradesh as well as in India. Your investment will certainly not disappoint you," he said and urged the tourism industry to invest in the state. Asserting that India is standing at the cusp of unlimited possibilities, he said, "the kind of incentives offered by Madhya Pradesh will help it attract the maximum investments from India's hospitality, travel
State-owned Solar Energy Corporation of India (SECI) on Monday said it will invest Rs 2,500 crore phase-wise in renewable energy projects in Madhya Pradesh. SECI has signed a memorandum of understanding (MoU) with the Madhya Pradesh government for setting up a 200 MW solar project in Dhar under the CPSU Scheme and a 1,000 MWh Battery Storage Project in the state, a company statement said. The MoU was signed at the two-day Global Investors Summit 2025 in Bhopal. The agreement was signed by Sivakumar V Vepakomma, Director (Power Systems) SECI and Manu Srivastava, Additional Chief Secretary (NRE). The 200 MW solar project is part of a 500 MW Agreement, executed in 2023 with MP Power Management Company Ltd (MPPMCL) for 25 years under which SECI will supply the electricity to the state. The corporation has proposed a phase-wise capital expenditure of Rs 2,500 crore for the expansion and development of renewable energy in Madhya Pradesh. The summit was attended by various stakeholders
Prime Minister Narendra Modi, who inaugurated the summit, said Madhya Pradesh is becoming a preferred business destination while adding that this is the right time to invest in the state
Prime Minister Narendra Modi on Monday said with a strong talent pool and thriving industries, Madhya Pradesh is becoming a preferred business destination and that this is the time, and right time, to invest in the state. He was speaking after inaugurating the mega 'Invest Madhya Pradesh - Global Investors Summit-2025' at the Indira Gandhi Rashtriya Manav Sangrahalaya, located near the picturesque Upper Lake in Bhopal, to showcase the state's infinite possibilities for investors and industrialists. Modi said the World Bank has expressed confidence that India will continue to be the world's fastest growing economy in the coming years. The World Bank recently said in its Global Economic Prospects report that India will remain the fastest-growing major economy for next two years. Modi also said the Deregulation Commission will help create investment-friendly regulatory ecosystem in the states. India is emerging as the top supply chain for global aerospace firms, he said, adding that
Prime Minister Narendra Modi on Monday said the World Bank has expressed confidence that India will continue to be the world's fastest growing economy in the coming years. He was speaking after inaugurating the mega 'Invest Madhya Pradesh - Global Investors Summit-2025' in Bhopal to showcase the state's infinite possibilities for investors and industrialists. The World Bank had recently said in its Global Economic Prospects report that India will remain the fastest-growing major economy for next two years. Modi also said the Deregulation Commission will help create investment-friendly regulatory ecosystem in the states. India is emerging as the top supply chain for global aerospace firms, he said. Textile, tourism and technology sectors will generate crores of jobs in the years to come, Modi said. The PM also unveiled 18 new policies of Madhya Pradesh Government, aimed at attracting major investment in the BJP-ruled state. "With a strong talent pool and thriving industries, ...
Global Investors' Summit 2025: The Adani Group plans to fund projects in pumped storage, cement, mining, smart meters, and thermal energy, aiming to create over 1,20,000 jobs in Madhya Pradesh by 2030
The Madhya Pradesh government's new logistics policy will strengthen the state's economy and attract investors in the upcoming global investors summit (GIS), Chief Minister Mohan Yadav said on Sunday. Invest Madhya Pradesh Global Investors Summit, is scheduled in Bhopal on February 24 and 25. Yadav listed various features of the Logistics Policy such as RFID, Green Card Scheme, green industrialisation etc. According to Yadav, the logistics policy novelties that were unveiled recently will improve supply efficiency by reducing logistics costs. "The policy's objective is to develop efficient, reliable, and strategically sustainable world-class logistics infrastructure so that logistics cost can be reduced to global standards by 2030," he stated. Yadav said the policy will make MP an attractive destination for domestic and international businesses. "The Madhya Pradesh Logistics Policy 2025 will also prove to be important in the direction of the overall economic development. It will
Chief Minister further mentioned that startups will not only contribute to the state's economic growth but also create new employment opportunities for the youth
Madhya Pradesh is luring investments by showcasing its thriving economy, world-class infrastructure, investor-friendly policies, and exclusive incentive programmes that make it a prime destination for investment opportunities. Strong commitment to creating a business-friendly environment and investment opportunities essentially make the state the 'Kumbh' of growth and development. It is rapidly emerging as a key hub for sectors such as tourism, pharmaceuticals, automobiles, mining, dairy, and food processing, according to the state government's investment pitch. Madhya Pradesh will on February 24-25 host its biennial Global Investors' Summit in Bhopal to attract investment and showcase the state's economic potential. The summit aims to highlight Madhya Pradesh's investment climate and industrial infrastructure, offering numerous opportunities for potential collaborations. The state has robust connectivity, with a National Highway network of 5,000+ kilometres and rail network with 5
The Regional Industry Conclave (RIC) held in Madhya Pradesh's Shahdol division on Thursday attracted investment proposals worth more than Rs 32,500 crore which have potential to generate employment for over 30,000 people, Chief Minister Mohan Yadav said. One of the major investment proposals came from Torrent Power and it was worth Rs 18,000 crore which is expected to generate job opportunities for nearly 7,000 people, an official said. "During the event, we have received investment proposals from large, MSME (micro, small, medium enterprises) and other sectors worth Rs 32,520 crore which will generate employment for more than 30,000 people," Yadav told reporters after the conclave. A key highlight of the RIC was that besides other regions of Madhya Pradesh, nearly 95 per cent of investment proposals were received for the Shahdol division alone, he said. The division consists of Shahdol, Umaria, and Anuppur districts. Besides Torrent Power, other major investment proposals ...
Principal Secretary of the Department of Industrial Policy and Investment Promotion, Raghvendra Singh, will inform industrialists about investment opportunities and possibilities in Madhya Pradesh
The state government will also launch a "plug and play" facility for small investors under which they will be provided ready infrastructure to start their units
MP will run like a cheetah; become a $550-bn economy by FY27: CM
Also in a bid to attract industrial investment, the government has decided to allot 2,458 acres in the Mohasa-Babai industrial area, Narmadapuram district
The Summit will be held in Indore in November, the official said