Madhya Pradesh Investor Summit: Bundelkhand gets investment proposals of ₹23,000 crore

Madhya Pradesh Investor Summit: Bundelkhand gets investment proposals of ₹23,000 crore



Madhya Pradesh Chief Minister Mohan Yadav interacts with industrialists throughout Regional Trade Conclave, in Sagar, Madhya Pradesh, Friday, September 27, 2024..
| Photograph Credit score: PTI

The Madhya Pradesh Authorities on Friday (September 27, 2024) acquired funding proposals value ₹23,000 crores at its investor summit in Sagar which are anticipated to generate about 28,000 employment alternatives, Chief Minister Mohan Yadav mentioned. 

The federal government organised the fourth version of the summit, Regional Industrial Conclave (RIC), in Sagar to draw investments in Madhya Pradesh’s Bundelkhand area. 

The main proposals embrace a ₹3,200 crore built-in metal plant in Niwari district by the Pacific Industries and a 100 megawatt photo voltaic plant value ₹1,350 crore by the Bansal Group. 

The Bhopal-based Bansal Group, that has numerous tasks throughout the State, may even set up 4 super-speciality hospitals and a five-star resort in Bundelkhand area. 

“Pacific Industries Ltd. has secured iron ore mines from the State and is poised to ascertain a metal plant within the Niwari district. Funding within the Bundelkhand area is predicted to create 10,000 direct and oblique jobs,” J. P. Agarwal, chairman of Pacific Industries mentioned on the occasion. 

Mr. Yadav additionally mentioned that allotment letters of 240 acres of land had been additionally distributed for 96 industrial items, which have proposed an funding of ₹1,560 crores and employment to greater than 5900 individuals.

The Chief Minister, who has visited numerous cities up to now few months to draw the traders, additionally just about inaugurated an funding facilitation centre of the M.P. Industrial Improvement Company (MPIDC) in Tamil Nadu’s Coimbatore. 

Other than Coimbatore, Mr. Yadav has additionally visited Mumbai, Bengaluru and Kolkata to carry conferences with potential traders. 

Following his go to to Kolkata earlier this month, Mr. Yadav had mentioned that the State had acquired proposals value ₹19,270 crore in sectors like chemical compounds, cement, metal and renewable power, which are anticipated to produced about 9,500 job alternatives. 

Earlier, the federal government has organised the RIC summits in Ujjain, Jabalpur and Gwalior, whereas it plans to carry related summits in Rewa, Narmadapuram and Shahdol within the coming months earlier than a mega investor summit in February subsequent yr in capital Bhopal.





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