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Madhya Pradesh On a Viksit Roll

October 11, 2024

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Outlook

As the state readies for the grand global summit in February 2025, it is garnering huge interest from businesses

Madhya Pradesh On a Viksit Roll

Madhya Pradesh is on an investment roll, yet again. And the juggernaut will continuously be in top gear for the next few months. As a precursor to its biennial flagship event, Invest Madhya Pradesh: Global Investors Summit, in February 2025, the state organized a fourth interactive session in West Bengal. It was attended by over 700 excited and enthusiastic participants, which included businesspersons (local and from neighbouring states), representatives of known industry and business associations (NASSCOM, AEPC, BCCI, and EEPC), and diplomats from 10 foreign missions (Germany, Russia, Canada, and Spain). Businesses promised to invest over Rs 19,000 crore, with the potential to create 9,500 jobs.

MP politicians and civil servants gave compelling reasons to invest in the state. Principal Secretary, Department of Industrial Policy and Investment Promotion, Raghwendra Kumar Singh, pitched MP as a perfect destination because of its economic landscape: “It is the second largest Indian state in terms of area and food production. It boasts of a robust industrial ecosystem, excellent connectivity, and welldeveloped industrial corridors.” Chief Minister Mohan Yadav spoke in the same vein: “MP is committed to facilitate investments, and promote development through policy options, with the aim to move forward collaboratively, along with all the stakeholders.”

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