Finance & Economy | News & Insights

MP Govt. Intensifies Efforts to Attract Investments, Create Jobs

Published: November 15, 2024
Author: TANVI_MUNJAL

In a significant push to bolster industrial growth and job creation, the Madhya Pradesh government is leaving no stone unturned. Chief Minister Mohan Yadav has announced a series of initiatives aimed at attracting domestic and foreign investors to the state.

Regional Conclaves and Roadshows Yield Positive Results

To foster a conducive investment climate, the state government has been organising Regional Industry Conclaves at the divisional level and roadshows in major cities across the country. These events have generated substantial interest from industrialists and investors. The upcoming division-level Industry Conclave in Narmadapuram on December 7th is expected to further catalyse economic growth in the region.

Global Investors Summit 2025

The government is gearing up for the Global Investors Summit, scheduled to take place in Bhopal in February 2025. This high-profile event will showcase Madhya Pradesh’s investment potential to global investors and facilitate partnerships that will drive economic development.

CM Yadav to Lead Investment Drive Abroad

To attract foreign investment, Chief Minister Yadav will be embarking on an international tour this month. He will engage with foreign industrialists, highlighting the state’s supportive policies and favourable business environment. The government’s focus on creating a robust economic ecosystem will provide ample employment opportunities for the state’s youth.

Industry-Friendly Policies and Infrastructure

The state government has allocated a substantial budget of Rs 4,190 crore for the industrial sector in 2024-25. To streamline the investment process, the government has implemented a single-window system, investment promotion schemes, and customised packages. Additionally, Investment Facilitation Centers are being established in every district to provide support and guidance to investors.

Positive Investment Outlook

The recent initiatives have yielded promising results, with investment proposals worth Rs 2.76 lakh crore received across various sectors. These investments are projected to create over 3.28 lakh jobs.

Madhya Pradesh: A Rising Industrial Hub

With its improved connectivity, investor-friendly policies, and robust infrastructure, Madhya Pradesh is emerging as a preferred destination for industrial investment. The state government’s unwavering commitment to economic growth and job creation is poised to transform Madhya Pradesh into a leading industrial hub.

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