PM Modi Turns Spotlight on Investment Potential in MP

Madhya Pradesh is on course to become a top-5 state, notes PM Modi

- ABHINANDAN MISHRA

The two-day high-profile global investor summit was inaugurated by Prime Minister Narendra Modi on Monday, who laid out a red-carpet welcome for investors to invest in Madhya Pradesh, referred to as the 'Dil' of India.

Addressing a gathering of domestic and foreign delegates, he highlighted the state's remarkable infrastructure growth, industrial expansion, and policy-driven reforms aimed at attracting large-scale investments.

His speech, which lasted almost 30 minutes, was accompanied by a major announcement from Adani Group Chairman Gautam Adani, who committed to investing Rs 1,10,000 crore across various sectors, including pumped storage, cement, mining, smart meters, and thermal energy, promising the creation of over 120,000 jobs by 2030.

Adani also revealed that discussions were underway for an additional Rs 100,000 crore investment in a greenfield smart city, a major airport, and a coal gasification project.

The PM, while beginning his speech, apologized for arriving late, explaining that he didn't want to cause traffic delays for students heading to their exams. His arrival from Raj Bhawan to the summit venue would have halted traffic due to security measures, and he chose to wait until the students had reached their examination centers before proceeding.

PM Modi lauded the state's progress under Chief Minister Mohan Yadav's leadership and unveiled 18 new policies of the Madhya Pradesh government aimed at making the state one of India's top investment destinations. He stressed that these policies would provide a conducive environment for investors, unlocking the vast potential of sectors like renewable energy, manufacturing, logistics, and agri-business.