CM Mohan Yadav Courts Tech Leaders In Bengaluru, Discusses ₹500 Crore-Plus MP Investments
Bhopal (Madhya Pradesh): To attract investment for the Telecom Manufacturing Zone in Gwalior, Chief Minister Mohan Yadav held one-to-one meetings with investors in Bengaluru on Tuesday. He was accompanied by Union minister Jyotiraditya Scindia.A discussion took place on investment proposals of more than Rs 500 crore in the fields of chip design, drone technology, data centres and space. CM…
Chief Minister Mohan Yadav held individual meetings with investors in Bengaluru to secure funding for the Telecom Manufacturing Zone in Gwalior, accompanied by Union Minister Jyotiraditya Scindia. Discussions centered around investment proposals exceeding Rs 500 crore in chip design, drone technology, data centers and space. Yadav presented the Gwalior Manufacturing Zone's specialties and prospects to investors.
The state government prioritizes telecom equipment manufacturing and innovation. IT and GCC companies showed interest in setting up operations in Madhya Pradesh. Tholons chairman Avinash Vashisth and Ankita Vashisth proposed establishing a GCC unit with an estimated Rs 210 crore investment. Shivkumar P R and Pankaj Garg each proposed chip design ventures with Rs 100 crore investments in phases.
Narendra Bhandari's CEFUND offered around Rs 200 crore for Madhya Pradesh startups. Ninestars Information Technologies' Gopal Krishnan discussed establishing a data center, while Rapido's Pavan Guntupalli and Donau Carbon India's Virendra Chaudhary shared their investment plans. Drone technology companies Airbound and Nautical Wings also met with the Chief Minister.
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