The Madhya Pradesh Government on Friday (as on September 27, 2024) received investment proposals worth ₹23,000 crores at its investor summit in Sagar which are likely to yield around 28,000 jobs, Chief Minister Mohan Yadav said.
In order to make investments in the Bundelkhand region of Madhya Pradesh the government organized the fourth edition of the summit, Regional Industrial Conclave (RIC) in Sagar.
Key proposals include Pacific Industries’s ₹3,200 crore integrated steel plant to be located in Niwari district and Bansal Group’s 100 megawatt solar plant for ₹1,350 crore.
The Bhopal-based Bansal Group, which has projects in different parts of the State, besides these will also set up four super-specialty hospitals and a five-star hotel in Bundelkhand.
“Pacific Industries Ltd. owns iron ore mines which have been allotted to the State and will set up the steel plant in Niwari district. Investment in the Bundelkhand region is going to generate 10,000 direct and indirect job opportunities,” J. P. Agarwal, chairman of Pacific Industries stated at the event.
Mr. Yadav further said that even the allotment letters of 240 acres of land were also distributed for 96 industrial units, which are proposing an investment of ₹1,560 crores and will generate employment to more than 5900 persons.
The Chief Minister, who has recently visited this city and other cities in the past few month for the purpose of drawing the attention of the investors, has also opened up an investment facilitation copy virtually of the M P Industrial Development Corporation MPIDC in Tamil Nadu Coimbatore.
Mr. Yadav has also gone to Coimbatore. However, he has been to Maharashtra, Bengal and Karnataka to conduct meetings for the purpose of seeking investors.
Following Mr. Yadav’s trip to Kolkata within the first two days of this month, he uttered out filings to the State amounting to ₹19,270 crores in chemicals cement, steel and renewable energy that had the potential of creating about 9500 job opportunities.
Previously, the government has held the RIC summits also in Ujjain, Jabalpur, Gwalior and others but intends to do so in the next few months in Rewa, Narmadapuram, Shahdol, before heavy investment summit in February next year at Bhopal, Madhya Pradesh.
Madhya Pradesh Investor Summit: Bundelkhand gets investment proposals of ₹23,000 crore | Parami News
