MP Bags ₹90,000 Crore Investment Proposals At Mumbai Roadshow, 14,375 Jobs On Cards
Mumbai: Madhya Pradesh Chief Minister Dr Mohan Yadav announced that the state received investment proposals worth approximately ₹90,000 crore during its Mumbai roadshow on Thursday, potentially generating 14,375 employment opportunities. The investment commitments span renewable energy, pharmaceuticals, information technology, data centres, chemicals and manufacturing. Yadav said the strong…
Madhya Pradesh's Chief Minister, Dr Mohan Yadav, announced that the state drew investment proposals worth around ₹90,000 crore during its Mumbai roadshow on Thursday, potentially creating 14,375 jobs. The proposals encompassed sectors like renewable energy, pharmaceuticals, information technology, data centers, chemicals, and manufacturing. Yadav praised the strong response as a testament to growing investor confidence in the state's industrial policies and business environment.
The Mumbai roadshow attracted leading industrialists, international trade representatives, diplomats, and investors to explore opportunities across various sectors. Yadav likened Madhya Pradesh and Maharashtra as siblings, emphasizing their strong economic and cultural ties. He highlighted Mumbai's global investor capability while touting Madhya Pradesh's substantial investment potential, buoyed by surplus electricity, competitive power tariffs, a skilled workforce, and strategic location.
The Chief Minister detailed Madhya Pradesh's surplus electricity, competitive power tariffs, banking infrastructure, skilled workforce, and strategic geographical location as major advantages. He also highlighted the availability of public safety and industrial manpower. Yadav mentioned that the state had implemented over 25 investor-friendly policies to spur industrial growth.
Approximately Rs 10 lakh crore of investment proposals, constituting over 30 percent of the total commitments received through the Global Investors Summit (GIS), have already moved into the implementation stage. The state government plans to host another Global Investors Summit next year. The Chief Minister also announced that ACME Global intends to invest Rs 47,000 crore in Madhya Pradesh.
Renewable energy emerged as a major investment draw during the roadshow. Yadav announced that ACME Global plans to invest Rs 47,000 crore in the state. Other significant players, including Avaada, INOX, and Air Products, also expressed interest in investing in Madhya Pradesh. The pharmaceutical sector garnered encouraging interest, with companies like Incube Ethical planning to establish or expand operations.
Information technology, data centers, chemical manufacturing, and other emerging industries also drew investor attention. In one-on-one meetings, Yadav held discussions with leading business executives from several countries. MP's Maheshwar MLA Rajkumar Mev met with CM Yadav, requesting the development of a sports stadium and other infrastructure projects.
The Chief Minister assured that the government's priority is to convert investment proposals into operational projects, emphasizing improved infrastructure, policy support, and accelerated approvals to strengthen industrial partnerships and boost economic activity.
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