MP News: Why did Latin American countries express great confidence in MP? Will Indore become a global trade hub? After all, how did the export of Rs 3,835 crore change the picture of the state? Know the complete story of Mohan Yadav’s big investment plan and global strategy.
Bhopal/Indore. June 6 proved to be a very important day for the trade and investment sector of Madhya Pradesh. Through the ‘India-Latin American and Caribbean Trade and Investment Forum-2026’ organized in Indore, the state strengthened its trade and investment relations with Latin America and Caribbean (LAC) countries.
More than 350 investors, industrialists and executives, including representatives from 15 countries, participated in this mega event. In the programme, B-to-B and B-to-G meetings were organized with more than 50 companies of Madhya Pradesh, which revealed new opportunities for direct trade and investment.
CM Mohan Yadav said- Indore is the economic strength of the country.
The program was inaugurated by Chief Minister Dr. Mohan Yadav by lighting the lamp. During this, he said that under the leadership of Prime Minister Narendra Modi, India is rapidly establishing new dimensions of trade and investment. The Chief Minister said that Indore is not only the economic capital of Madhya Pradesh but is also a strong base for the prosperity of the state. Referring to the good governance of Lokmata Ahilyabai Holkar and the historical trading heritage of Malwa, he said that this region has been a major center of trade since ancient times.
Similarity in culture of India and Latin America
CM Dr. Yadav said that the culture, traditions and life values of India and Latin American countries are largely similar. Music, festivals and tribal art connect the two regions. He said that this forum is not just a business event but a strong bridge to new economic possibilities.
Madhya Pradesh becomes the first choice of investors
The Chief Minister said that Madhya Pradesh has been recognized as “Food Basket” in the country and the world. He said that there is a possibility of strong partnership in agriculture and food processing sector with countries like Guatemala. He said that Madhya Pradesh is progressing rapidly in sectors like pharma, automobile, textile, food processing, IT, electronics and green energy. Due to the transparent policies of the state government and investor friendly environment, the confidence of foreign investors has continuously strengthened.
MP Export Growth: Trade increased with Latin American countries
The Chief Minister informed that in the financial year 2025-26, Madhya Pradesh’s exports with Latin American countries reached about Rs 3,835 crore, which shows an increase of 19 percent. He said that the state is rapidly increasing its export activities with countries like Brazil, Mexico, Argentina, Peru and Colombia. Madhya Pradesh has created a special identity in the pharmaceutical sector.
MP emerging as pharma and automobile hub
Dr. Mohan Yadav said that Indore and Pithampur are now emerging as global pharmaceutical and automobile hubs. The medicines manufactured here are reaching many countries of the world. He said that Pithampur has become the industrial backbone of the state in automobile, engineering and industrial packaging sectors. Madhya Pradesh can play an important role in meeting the industrial needs of many countries including Brazil.
The state is progressing rapidly in green energy and logistics.
The Chief Minister said that Madhya Pradesh has more than 31 thousand MW electricity production capacity, out of which about 30 percent is obtained from green energy. There is more than 5 lakh kilometer road network in the state and 6 big industrial corridors will be developed in the coming five years. He said that adequate land bank, strong logistics network and availability of skilled workers in the state are the biggest attractions for investors.
Women entrepreneurs and startups are getting a boost
CM said that more than 45 percent of the startups in Madhya Pradesh are in the hands of women entrepreneurs. The state government is continuously implementing new policies to advance youth, women and industries. He said that Madhya Pradesh, being located in the center of the country, has become the most favorable state for business and investment.
Global India Business Forum calls MP a dynamic state
Founder and Global President of Global India Business Forum, Jitendra Joshi said that Madhya Pradesh has emerged as the most dynamic state in the country for industrial investment. He said that Madhya Pradesh is developing rapidly in pharma, manufacturing, agriculture, automobile and service sectors and such global events have become possible due to the vision of Chief Minister Dr. Mohan Yadav.
Madhya Pradesh becomes stronger in Ease of Doing Business
While giving the presentation, Principal Secretary, Industrial Policy and Investment Promotion Department, Raghavendra Kumar said that there are more than 340 notified industrial areas in Madhya Pradesh. He said that a single window system has been implemented for investors and 18 investor-centric policies are in place to promote industries. The state government has also formed a Cabinet Committee for Industrial Promotion, which is headed by the Chief Minister himself.
Uruguay expressed desire to increase trade with India
Uruguayan Ambassador to India Alberto Antonio Guana Umbrella said that Madhya Pradesh has always attracted foreign investors. He said that India is progressing rapidly under the vision of Prime Minister Narendra Modi’s developed India 2047. He said that trade relations between Uruguay and India are continuously strengthening and this forum will give new impetus to investment and trade between the two countries.