This state received investment proposals worth Rs 23,181 crore, 27,375 jobs will be created

Madhya Pradesh Chief Minister Mohan Yadav said on Friday that investment proposals worth Rs 23,181 crore were received at the Regional Industry Conference (RIC), of which 60 percent were from the Bundelkhand region. “The state received investment proposals worth Rs 23,181 crore during the RIC. These will create a total of 27,375 employment opportunities,” Yadav told reporters. He said investment proposals worth Rs 22,241 crore came from big industries, while proposals worth the remaining Rs 940 crore came from micro, small and medium enterprises (MSMEs).

The investment came from these companies.

Yadav said that letters of intent have been issued to 96 units for the allotment of 240 acres of land which will attract an investment of Rs 1,560 crore and provide employment to 5,900 people. Investment proposals worth Rs 3,200 crore were received from Pacific Meta Steel in Niwari district, while Data Centrics proposed an investment of Rs 1,700 crore in Surkhi in Sagar district. Eco Cement proposed an investment of Rs 2,000 crore in the Panna district while Fly Ola proposed an investment of Rs 1,800 crore in the Sagar, Umaria, Neemuch, and Singrauli districts. Apart from this, Bansal Group proposed an investment of Rs 1,350 crore in Jabalpur, Bhopal, Gwalior, and Indore while Insolation Green Energy Limited proposed an investment of Rs 1,600 crore in Narmadapuram district.

2025 declared as the ‘Year of Industry and Employment’

The chief minister also announced the opening of a bank branch in the Sidhguwa Industrial Area of ​​Sagar district. He said a mega industrial park would be set up on 1,300 acres in Maswasi village as part of the Delhi-Nagpur Industrial Corridor. Yadav said the ODOP (One District One Product) scheme would be promoted and an office of Madhya Pradesh Industrial Development Corporation would be set up in Kolkata for investment promotion. Earlier, similar regional industry conferences were held in Ujjain, Jabalpur, and Gwalior. The Sagar RIC was attended by around 3,500 participants, including international delegates and diplomats from countries including Mongolia, Thailand, Algeria, Kenya, Canada, and Iran. The chief minister also presided over the ‘bhumi puja’ ceremony of industry-related establishments online and distributed land allotment orders to investors and prizes to the winners of the Bundelkhand Innovation Challenge (hackathon). He has declared 2025 as the ‘Year of Industry and Employment’ to boost the industrial development of the state. Under this initiative, the biennial ‘Invest Madhya Pradesh – Global Investors Summit 2025’ will be organized in Bhopal in February next year.