Madhya Pradesh’s industrial policies, cheap electricity, infrastructure and investment opportunities were presented in the investment session organized in Jaipur. Describing the state as an investment hub, Chief Minister Mohan Yadav pointed out the immense potential in industry, startup and tourism.
In the ‘Interactive Session on Investment Opportunities in Madhya Pradesh’ organized in Jaipur, the industrial development, investment possibilities and new policies of the state were discussed in detail. During this, Principal Secretary Raghavendra Kumar Singh, Chief Minister Dr. Mohan Yadav and many representatives of the industry shared their views and described Madhya Pradesh as an attractive destination for investment.
Immense investment potential in Madhya Pradesh: Focus on industry and infrastructure
Principal Secretary Raghavendra Kumar Singh said that due to Madhya Pradesh being located in the center of the country, there are immense possibilities for investment and industrial development in every sector. He informed that there are 8 airports in the state and 1 lakh acres of land is available for the development of industrial areas. The state government has implemented new industrial policies to promote Ease of Doing Business, under which investors are being given capital subsidy of up to 40%.
Big opportunity in renewable energy, agriculture and food processing
Madhya Pradesh has made significant progress in the field of renewable energy. There are vast investment opportunities in agriculture, dairy and food processing sectors. The state is playing a leading role in the production of horticultural crops.
Rapid development of PM Mitra Park and industrial areas
The bhoomi pujan of the first PM Mitra Park of the textile sector in Dhar has been done, where 1150 acres of land has been allotted to investors. Investment of about Rs 52 thousand crore has been received for 29 units in Babai-Mohasa industrial area of Narmadapuram district. Other than this:
- 1500 acre special industrial area in Sagar
- 1000 acre mega industrial park in ratlam
- Investment opportunities in Vikram Udyogpuri and Dhar Industrial Area also
- Easy process with single window system and investment portal
Public Trust Act has been implemented in the state. Single window system and investment portal has been started for investors, which has made it easier to set up the industry. Companies like Volvo have been operating successfully here for a long time.
Industrialists’ confidence: increase in investment and employment
Manish Gupta, Chairman of Insulation Energy, said that they have invested Rs 1650 crore in Babai-Mohasa area, which will provide employment to 1000 people. He said that all the basic facilities like roads, electricity and water are already available here and his solar cell unit will be among the best units in the country.
Rajasthan will increase startup investment and data center possibilities
Rajasthan Angels Chairman Mahavir Pratap Sharma said that startup investment will increase rapidly in Madhya Pradesh. He said that in the AI era, cheap electricity is necessary for data centers and only Rs 4 per unit electricity is available in Madhya Pradesh, due to which the interest of foreign investors is increasing.
Tourism and wildlife sector also booming
Rajasthan Chamber of Commerce President KL Jain said that along with industrial development in Madhya Pradesh, the tourism sector is also growing rapidly. The white tiger in Rewa and the state’s wildlife tourism have gained global recognition. The state is also progressing in religious and health tourism.
Chief Minister Mohan Yadav’s address: Madhya Pradesh-Rajasthan relations strong
Chief Minister Dr. Mohan Yadav described the relationship between Rajasthan and Madhya Pradesh as “a relationship of bread-beti and now water”. He said that both the states are like twin brothers and this session is important to strengthen trade relations.
PKC Project and Infrastructure Development Schemes
The Chief Minister said that the PKC project of Madhya Pradesh-Rajasthan is worth Rs 1 lakh crore, of which 90% of the cost will be borne by the Central Government. He said that this project will provide water to dry areas and improve the standard of living.
New initiatives in energy, medical and dairy sectors
- Madhya Pradesh has now become a power surplus state.
- Medical colleges are being opened on PPP model by giving land for Re 1.
- Incentive to big cow shelters to promote milk production
- Free milk distribution scheme started for school children
Expansion in tourism, aviation and wildlife conservation
- Heli service has been started to promote tourism in the state.
- Under the aviation policy, companies are being given VGF up to Rs 15 lakh per flight.
- Rewa has been given the gift of Tiger Safari and Airport.
- Efforts like rehabilitation of leopards and dolphin conservation in Chambal are also being made.
Madhya Pradesh is becoming an emerging center for investment
All the speakers in the program unanimously said that Madhya Pradesh is developing rapidly in industrial, agricultural and service sectors. Due to new policies, strong infrastructure and investor friendly environment, the state is emerging as a major investment hub of the country.