In Davos, Minister Rakesh Shukla discussed renewable energy, IT, tourism and investment cooperation with JBIC, Reliance, Jiostar, Bloomberg, IREDA and Tech Mahindra. Madhya Pradesh was presented as an emerging investment destination.
Representatives of various global and national prestigious institutions met New and Renewable Energy Minister Shri Rakesh Shukla in Davos on Monday. During this, there was a detailed discussion about investment possibilities in Madhya Pradesh. In the dialogue, meaningful discussions were held on various aspects related to renewable energy, manufacturing, tourism, media and industrial cooperation.
Discussion on cooperation with Japan Bank for International Cooperation (JBIC)
Projects supported by JBIC in Madhya Pradesh were discussed with Mr. Hashiyama Shigeto, Representative Director and Executive Managing Director of Japan Bank for International Cooperation (JBIC). The meeting discussed manufacturing sector policies, yen loans, collaborative tie-ups and prospects in renewable energy sectors including solar energy.
Giving information about the state’s agricultural potential, land availability and rich natural resources, Minister Shri Shukla underlined the wide opportunities for investment in renewable energy, food processing, pharmaceutical, chemical and textile industries.
Renewable energy partnership with Reliance Industries
Ongoing and potential partnerships in the renewable energy sector in the state were discussed with officials of Reliance Industries Limited. Especially in the Chambal region, intensive brainstorming was done regarding bio-energy projects.
Brainstorming on tourism branding with Jiostar
In the meeting held with JioStar officials, branding of tourism and travel destinations of Madhya Pradesh through video and audio documentation was discussed. It was agreed upon on the possibilities of presenting the natural and cultural heritage of the state at the global level through international platforms like National Geographic.
Madhya Pradesh’s presence on global platforms with Bloomberg Media
Connecting Madhya Pradesh with key stakeholders in the national and international business and policy world was discussed with Ms. Sunita Rajan, Managing Director of Bloomberg Media. On this occasion, the possibilities of representation of Madhya Pradesh in the Bloomberg New Economy Forum organized in India in October, where the presence of Prime Minister Shri Narendra Modi is proposed, were also discussed.
Discussion on clean energy projects with IREDA
A detailed discussion was held on current and future projects related to renewable energy with Shri Pradeep Kumar Das, Chairman and Managing Director, Indian Renewable Energy Development Agency (IREDA). In the meeting, implementation of solar energy, wind energy, bio-energy and other renewable projects, financial cooperation and future possibilities were discussed.
IREDA was informed about Madhya Pradesh’s favorable policies, adequate land availability and investment-friendly environment. Both sides agreed to further strengthen cooperation and make Madhya Pradesh a leading state in the field of renewable energy.
Discuss IT-BPO investment with Tech Mahindra
In the meeting with Mr. Harshul Asnani, Chairman of Tech Mahindra, the company’s possible entry and expansion in the state was discussed. The main focus of the meeting was on expansion of IT and BPO sector in Tier-II cities, access to local talent and employment generation.
During this, discussions were also held on strengthening skill development and employment-oriented training with educational and training institutions. Officials presented the state’s strong infrastructure, better quality of life and skilled workforce as major investment attractions.
Investment-friendly Madhya Pradesh: Minister Shri Shukla’s statement
Minister Shri Rakesh Shukla said that Madhya Pradesh is fast becoming an emerging investment destination for investors due to favorable policies, stable administration and abundance of resources. He said that such dialogues will give new momentum to the goals of sustainable development, green energy and employment generation of the state.