Madhya Pradesh, October 22: The two-day Global Investors Summit has already begun at the Brilliant Convention Centre in Indore, Madhya Pradesh. The Summit has been organised by the Madhya Pradesh government to bring in more international investors to the state. Approximately 150 CEOs and over 3,000 delegates including the Union Finance Minister are attending the event. Speaking at the launch of the summit, Madhya Pradesh Chief Minister, Shivraj Singh Chauhan said, “Madhya Pradesh’s growth has been in double digits for years. Global Investors’ Summit – for me it is Growth of Investment with Sustainability.”
Elaborating on the benefits of investing in Madhya Pradesh, Chauhan said, “Madhya Pradesh is an investor-friendly state, we consider investors our friends and partners. Madhya Pradesh is now a power surplus state; In 2003, only 4,500MW was available, but now it has risen to 18,000MW.” The Chief Minister then added, “Madhya Pradesh has a land bank 1.25 lakh hectare. Madhya Pradesh has a ready skilled manpower. We have become an investor friendly state because we have the skilled manpower. For me, the meaning of the Global investors’ Summit is ‘Inclusive growth with your entry’.”
Finance Minister too spoke at the Summit and made several strong statements. Congratulating Madhya Pradesh and its leadership, Finance Minister Arun Jaitely said, ” States with double-digit growth have seen Chief Ministers coming back to power. Madhya Pradesh is one such state. Madhya Pradesh is fortunate to have a leadership with clarity and a roadmap to progress.” Speaking on the benefits of investing in Madhya Pradesh, Arun Jaitely said, “No other state is as centrally located than Madhya Pradesh. Historically a left out state, Madhya Pradesh will become a supply hub.’ Jaitley further added, ” This is why there is a road, electricity, water and investment friendly policy in Madhya Pradesh. A turning point for Madhya Pradesh has been its 20 percent growth rate.I want to congratulate Chief Minister Shivraj Singh Chauhan and his entire team.” (ALSO READ: Madhya Pradesh: Bhopal Gas Tragedy memorial to be built with an investment of Rs 180 crores)
Madhya Pradesh itself plans to invest Rs 75,000 crore over the next 4 years in infrastructure development. however, the global Investors’ Summit aims to garner as much investments from the international business community as possible in key areas like food and food processing, and automobiles among others. Some of the other key speakers who will be addressing the event include Baba Ramdev of Patanjali, Kumar Mangalam Birla, Chairman of Aditya Birla Group, Anil Ambani, Chairman of ADAG and Alok Sharma, UK’s Minister for Asia among others listed out their investment plans in the state.
The Summit is of greater importance as five countries Japan, South Korea, U.A.E., Singapore and United Kingdom are participating as partner countries in Madhya Pradesh’s Global Investors’ Summit. Further, around 40 foreign delegations are participating in the summit, including representatives from Italy, Belgium, China, America, Australia, Hong Kong, Sweden, Spain, Switzerland, Thailand, Poland, Malaysia, Indonesia and Hungary .