Latest news with #GlobalInvestorsSummit
Time of India
30-05-2025
- Business
- Time of India
BMC's efforts in vain, street encroachment still an issue
Bhopal: Bhopal Municipal Corporation (BMC) has strengthened its drive against unauthorised occupancy in 2025, conducting 97 enforcement operations, as per BMC records. These administrative actions, focused on reclaiming public spaces and urban improvement, have received varied feedback from local residents. Unauthorised shops and stalls occupying commercial areas, footpaths and streets are causing movement restrictions and traffic congestion, forcing people to walk on roadways. On May 25, BMC initiated removal operations targeting unlicensed vendors and structures across many areas to ensure pedestrian accessibility. Despite initial success in improving movement, vendors returned within days, highlighting enforcement challenges. A subsequent clearing exercise on May 27 at Jawahar Chowk and Link Road successfully opened up roads, though displaced vendors simply moved to nearby locations, redistributing the problem. The clearance of unauthorised structures has been essential for development initiatives. BMC cleared 20 locations before the Global Investors Summit, including areas near Halalpur Bus Stand and visitor accommodation facilities, to ensure proper presentation. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 2 ingredientes para remover as manchas na pele Conselhos E Truques Undo However, residential areas received limited attention, with spots like Bairagarh and Kolar Market still experiencing unauthorised occupation issues. With monsoon approaching, illegal structures blocking drainage systems remain problematic. In Karond Mandi and Bhanpur , temporary constructions block water channels, increasing flood risks. While BMC has removed some illegal platforms in these locations, incomplete clearance could lead to waterlogging during heavy rains. GFX ENCROACHMENT OPERATIONS: A TEMPORARY FIX? May 25: Civic Body's Action Against Illegal Structures BMC conducted operations to clear unauthorised stalls, tables and structures from Karond, Aman Colony, Badwai and Bairagarh. The initiative focused on freeing up footpaths blocked by vendors. The effectiveness remained short-lived as vendors soon reoccupied the spaces. May 27: Traffic Management Through Encroachment Removal Authorities launched a clearing operation at Jawahar Chowk and Link Road to address illegal occupation of roads and pavements. Various items including carts, counters and boards that were hindering public access were seized. Despite this, the vendors relocated to adjacent areas, merely redistributing the congestion. GIS Preparations and Urban Clearance During GIS preparation, BMC undertook clearance drives across 20 city locations, particularly near Halalpur Bus Stand and designated summit accommodation. Monsoon Readiness & Drainage Issues Localities including Karond Mandi and Bhanpur Pragati Nagar face challenges with clogged drainage networks, increasing flood risks during monsoons.
Time of India
26-05-2025
- Business
- Time of India
Varanasi emerges as new industrial hub in Purvanchal
Varanasi: Under the leadership of Chief Minister Yogi Adityanath, Uttar Pradesh has seen a major industrial transformation, with Varanasi emerging as a key growth hub in Purvanchal. Tired of too many ads? go ad free now Improved law and order, robust infrastructure, and initiatives like Global Investors Summit have created a business-friendly climate. In Varanasi alone, 48 industrial projects worth Rs 1,180.95 crore are now operational, generating 3,472 jobs, said a senior govt official. A new era of development is unfolding in Purvanchal, especially in Kashi with many reputed national and international companies already started operations in the city. Vinod Verma, Assistant Commissioner of District Industry Promotion and Entrepreneurship Development Centre, said 48 projects commenced with an investment of Rs 1,180.95 crore from the Global Investors Summit , creating jobs for 3,472 people. Besides, 48 projects worth Rs 5,702.18 crore are set to launch soon, expected to provide employment to around 12,110 people. He further said companies like Saaswad Heat Transfer and Engineering Private Limited and Hilton Hotels Group's franchise, Double Tree, are now operational in Varanasi. Amazon's contracted warehouse with Madhavan LLP is also up and running. Besides, Banaras Beads is collaborating with Tata's Indian Hotels Company Limited to build the Ginger Budget Hotel, and the construction is underway. A wide range of companies from diverse sectors, including hotels, handloom and tourism, participated in groundbreaking ceremony. Some of the units are already operational, while others are expected to start soon.
Time of India
14-05-2025
- Business
- Time of India
CM invites investors with new policies and industrial opportunities
Bhopal: CM Mohan Yadav said on Wednesday traders and investors are welcome to come to Madhya Pradesh and contribute to the industrial growth of MP. "This is the era of Made in India," he emphasised, noting that the state govt has implemented new industry-centric policies and established industry cells in all districts. A single-window system is in place to facilitate industrial setup, and the Chief Minister himself is readily accessible to investors. The state boasts a robust land bank, along with ample water and electricity further highlighted that the govt repaid every rupee of pending subsidies to industrialists and is actively supporting both large enterprises and small investors. He was speaking at an interactive session with prospective investors during a roadshow held in Bengaluru on Wednesday. During the session, the state received investment proposals amounting to Rs 7,935 crore, which are expected to generate 18,975 new employment CM said guided by PM Narendra Modi's mantra of "Perform, Reform, Transform," Madhya Pradesh was swiftly advancing toward the goal of a self-reliant India. "Our govt is consistently working to promote industrial establishment and attract investment," he said. He further pointed out that through regional industry conclaves, national roadshows, interactive sessions, and the Global Investors Summit, the state successfully engaged in investment dialogue from the local to the global level. The second roadshow and interactive session held in Bengaluru today has given fresh momentum to industrial growth and investment in the emphasised that Madhya Pradesh does not merely make promises but delivers on its commitments in a timely manner. "At the Global Investors Summit 2025 , we didn't just make announcements—we also brought them to ground reality," Yadav said. During the fiscal year 2024–25, incentive disbursements totalling Rs 5,260 crore were made to major industries and added that 18 new sector-specific industrial policies were launched to boost investment, which are proving to be game-changers. The implementation of the Public Trust Act and the Integrated Single Window System made administrative procedures simpler, more transparent, and more reliable for stated that investors are being informed about promising opportunities in various sectors of Madhya Pradesh, including the PM MITRA Textile Park being developed in Dhar, the Narmadapuram Manufacturing Zone, new IT projects in Rewa, Indore, and Ujjain, and the upcoming Spiritual and Wellness Summit scheduled to be held in Ujjain on June 5, 2025. Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Moose Approaches Girl At Bus Stop And Nudges Her To Follow - Watch What Happens Happy in Shape Undo Other focus areas include pharma, mining, agriculture, dairy, and renewable said that BEML was formally handed the land allotment letter for 148 acres in Umariya village of Raisen district. A modern railway coach manufacturing facility worth Rs 1,800 crore will be set up at the site. This project will strengthen the railway manufacturing sector in the state and generate new employment opportunities for local CM announced that the foundation stone for the rail coach manufacturing unit in Raisen district will be laid within a month. He emphasised that all necessary work related to the establishment of new industries in the state is being carried out in a time-bound thanked all the investors who participated in the Bengaluru event and appreciated the positive response received from investors in Karnataka's capital. He noted that investors have shown strong faith in Madhya Pradesh's industrial the interactive session, Yadav held one-on-one discussions with several key industry leaders, including R Rajkumar, MD of Best Corporation (textiles), Manish Singh Chauhan, director, Noize Group, Lalit Ahuja, CEO, ANSR GCC (IT), Ashlesha Khandeparkar, national head (policy), Oracle Corporation, Sumit Mishra, MD, LAPP India (electric equipment), Harsh Bhutani, CEO, Hindustan Coca-Cola, Chander Balji, founding MD, Royal Orchid (hospitality), Ritesh Goel, founding MD, GIBS Business School, and Bandaru Narasimha Rao, executive director, Greenko (renewable energy).The session in Bengaluru was attended by over 250 representatives from the industry. It included comprehensive presentations on Madhya Pradesh's investment potential, new industrial policies, and industrial infrastructure.
India Gazette
14-05-2025
- Business
- India Gazette
"Our govt is constantly working to make Madhya Pradesh prosperous," says MP CM Mohan Yadav
Bhopal (Madhya Pradesh) [India], May 14 (ANI): Ahead of his visit to Bengaluru to participate in an interactive session on 'Investment Opportunities in Madhya Pradesh', Chief Minister Mohan Yadav on Wednesday said that his government is constantly working to make Madhya Pradesh prosperous through employment-oriented works for youth, women, poor and farmers. CM Yadav will participate in the 'Invest in MP' session to be held in Bengaluru on Wednesday to propel industrial investment in the state to new heights. He will address an interactive session where he will present the state's industrial strengths and policy commitments to India's leading investors. Speaking to ANI, the CM said, 'Our government is constantly working to make Madhya Pradesh prosperous through employment-oriented works for youth, women, poor and farmers. We are working especially in different areas of Madhya Pradesh related to industry and trade. On the one hand, we are organising 'Krishi Udyog Samagam' in various zones to build a series of agro-based industries. The next agriculture conclave will be held in Narsinghpur on May 26. Earlier, it was held in Mandsaur district.' 'Additionally, I am going to Bangalore. Wagons of Vande Bharat Railway will be made in Bhopal, which will provide employment opportunities to various people. Therefore, we will give land allotment letter to a Bengaluru-based industry for its upcoming unit in Madhya Pradesh. Soon, we will permored the bhoomi pujan of the unit. This will provide employment opportunities to about 23 lakh people,' the Chief Minister said. He further emphasised that over 50 per cent investors of combining Global Investors Summit and all the Regional Industry Conclaves have been allotted land and bhoomi pujan of various industrial units have been performed. 'With this, we are moving towards our objective while enriching our state for which we have declared this year as the year of industry and employment... Under the leadership of PM Modi, our government is continuously working for the development of the state,' he added. According to an official release, after arriving in Bengaluru, CM Yadav will visit the BEML (Bharat Earth Movers Limited) campus and attend the dedication ceremony of the 2100th metro coach. During the event, land allotment documents for BEML's upcoming unit in Madhya Pradesh will also be formally handed over. Furthermore, the Chief Minister will hold one-on-one meetings with key investors from sectors such as IT, electronics, manufacturing, defence, automobiles, tourism, and technology to discuss investment opportunities directly, stated the release. Bharat Earth Movers Limited (BEML) is a premier public sector undertaking under the Ministry of Defence, Government of India. It is leading in manufacturing metro rail coaches, defence equipment, and mining and construction machinery. Its Bengaluru-based manufacturing facility exemplifies modern engineering and indigenous technology, contributing significantly to the vision of an Aatmanirbhar Bharat (self-reliant India), it added. (ANI)
Time of India
27-04-2025
- Business
- Time of India
MP Gets 20k cr Investment Proposals In Tech Conclave
Indore: Chief minister Mohan Yadav inaugurated projects and laid foundation stones for projects totalling Rs 2,815 crore during the Madhya Pradesh Tech Conclave on Sunday. The event attracted a collective pledge of approximately Rs 20,000 crore in various sectors throughout the state. The grounding of investments included Rs 1,696 crore in the technology sector with 24,586 potential job opportunities, while non-tech sectors, including construction and others, amounted to Rs 1,119.5 crore and 3,174 job opportunities. "The conclave received investment proposals worth approximately Rs 20,000 crore, which will create around 75,000 jobs. Numerous projects were inaugurated, and foundation stones were laid, indicating that we not only make promises but also bring them to fruition," said Yadav. He noted that out of 99 MoUs presented at the recent Global Investors Summit in Bhopal, nearly 25 percent progressed to the groundbreaking stage. "Indore is increasingly being recognised as a hub for information technology, with investments stretching across various sectors, including drone technology," he said. He said the state successfully implemented policies through discussions on GCC, IT, ITES, semiconductors, drones, and AVGC-XR, while new IT parks, centres of excellence, and incubators are being established in the state to create a conducive ecosystem. The conclave featured over 25 individualised meetings between industry leaders and the Chief Minister, resulting in a substantial commitment of Rs 5,500 crore in the IT sector, alongside Rs 10,500 crore from non-tech investors. Significant projects inaugurated included the CtrlS Data Center, which is set to come up with an investment of Rs 500 crore, and the Panchsheel Infra IT Campus, pledging Rs 1,000 crore and promising to create 15,000 jobs. Additional inaugurations encompassed the BEL Center of Excellence and the Jabalpur IT Park Block B. The letters of allotment were distributed to 19 industries at the event. In a collaborative effort to advance drone technology and defence research, the Madhya Pradesh State Electronics Development Corporation (MPSEDC) partnered with IISER Bhopal to establish a Drone Center of Excellence under the Madhya Pradesh Drone Policy 2025, focusing on cutting-edge technology development. Furthermore, Yadav announced plans to launch a Space Tech and Innovation Policy soon, which aims to establish Madhya Pradesh as a leader in space technology and innovation. Sanjay Dubey, additional chief secretary of the department of Science and Technology said, "The tech conclave was convened 60 days after the GIS 2025 to convert the investment intentions showcased during the investors summit into real-time investment commitments and ground-level execution. We are trying to develop an ecosystem and materialise actual execution of the investment." The Tech Conclave saw the participation of over 600 senior technology leaders, representatives from prominent industry associations, academic institutions, and startups, marking a pivotal moment in Madhya Pradesh's journey towards a robust tech-driven economy. "The state's progressive vision, investor-friendly policies, and focus on infrastructure make it a natural choice for future-ready developments. Our project is a testament to our commitment to creating world-class ecosystems that power innovation, employment, and economic growth," said Atul Chordia, Chairman, Panchshil Realty, who is creating an IT Park at Super Corridor in Indore. Another investor, Sridhar Pinnapureddy, Managing Director, CtrlS Datacenters Ltd, said, "Madhya Pradesh extends several benefits to datacenter companies, including CAPEX assistance for anchor datacenters, and reimbursements towards power tariff, electricity duty among several other verticals."
