Latest news with #GlobalInvestorsSummit2025
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.
Time of India
23-04-2025
- Business
- Time of India
MP seeks Centre's approval for setting up telecom hub in Gwalior
Bhopal: Aiming at Rs 12,000 crore investment and 5,000 job creation, the Madhya Pradesh government is planning to set up a Telecom Manufacturing Zone (TMZ) in Gwalior. A mega investors' summit for telecom industry is also going to be organised in Indore on April 27. The conclave is aimed at attracting investment in the sector in Madhya Pradesh. "The state Cabinet on Tuesday discussed building a Telecom Manufacturing Zone (TMZ) in Gwalior. A proposal has been sent to the Indian government in this regard. This TMZ will be built on a large chunk of land. Once cleared, the telecom hub or TMZ will attract more than Rs 12,000 crore investment in the sector and is likely to create 5,000 jobs. To attract investment in telecom sector, an IT conclave is going to be held in Indore on April 27," Rajendra Shukla, Madhya Pradesh Deputy Chief Minister, said. "Madhya Pradesh is set to host the Tech Growth Conclave-2025 on April 27 in Indore, a landmark event organised by the state's Department of Science and Technology. The conclave aims to convert investment pledges made at the Global Investors Summit 2025 into concrete projects, reinforcing the state's position as a hub for technology and innovation," the Deputy Chief Minister added. Every entrepreneur is coming for the development of the telecom sector in Madhya Pradesh, he said. He also added that there are immense possibilities for the development of the telecom sector in areas like Gwalior and Jabalpur in the state. Chief Minister Mohan Yadav will preside over the event, unveiling a comprehensive roadmap for technological development in Madhya Pradesh. The conclave will focus on accelerating IT investment policies, tracking progress, and fostering collaboration between government, industry, and academia to solidify the state's presence in the capital and global tech ecosystem. Key announcements will include four new policy guidelines, the ground breaking ceremony for IIT Indore, the launch of an AI-based Centre of Excellence, and new MoUs for cutting-edge technology labs such as Animation, Visual Effects, Gaming, Comics, and Extended Reality. These initiatives will enhance research, skill development, and industry partnerships. The event will also see the foundation laying of some private investment major projects. More than 300 industry leaders, policymakers, and investors are likely to participate, discussing advancements in IT, Information Technology Enabled Services, semiconductors, drone technology, and data centres. The conclave will also mark the inauguration of Jabalpur IT Park Block B, valued at Rs 25 crore and expected to create more than 500 jobs. The MoUs for new Centres of Excellence in AI, cybersecurity, semiconductors, and drone technology will be signed with institutions like Maulana Azad National Institute of Technology, Bhopal; Indian Institute of Science Education and Research, Bhopal; and Indian Institute of Information Technology and Management, Gwalior. A dedicated investment portal will be launched for project tracking, alongside four new policy guidelines to enhance the investment climate.
Hans India
22-04-2025
- Business
- Hans India
MP seeks Centre's approval for setting up telecom hub in Gwalior
Bhopal: Aiming at Rs 12,000 crore investment and 5,000 job creation, the Madhya Pradesh government is planning to set up a Telecom Manufacturing Zone (TMZ) in Gwalior. A mega investors' summit for telecom industry is also going to be organised in Indore on April 27. The conclave is aimed at attracting investment in the sector in Madhya Pradesh. "The state Cabinet on Tuesday discussed building a Telecom Manufacturing Zone (TMZ) in Gwalior. A proposal has been sent to the Indian government in this regard. This TMZ will be built on a large chunk of land. Once cleared, the telecom hub or TMZ will attract more than Rs 12,000 crore investment in the sector and is likely to create 5,000 jobs. To attract investment in telecom sector, an IT conclave is going to be held in Indore on April 27," Rajendra Shukla, Madhya Pradesh Deputy Chief Minister, said. "Madhya Pradesh is set to host the Tech Growth Conclave-2025 on April 27 in Indore, a landmark event organised by the state's Department of Science and Technology. The conclave aims to convert investment pledges made at the Global Investors Summit 2025 into concrete projects, reinforcing the state's position as a hub for technology and innovation," the Deputy Chief Minister added. Every entrepreneur is coming for the development of the telecom sector in Madhya Pradesh, he said. He also added that there are immense possibilities for the development of the telecom sector in areas like Gwalior and Jabalpur in the state. Chief Minister Mohan Yadav will preside over the event, unveiling a comprehensive roadmap for technological development in Madhya Pradesh. The conclave will focus on accelerating IT investment policies, tracking progress, and fostering collaboration between government, industry, and academia to solidify the state's presence in the capital and global tech ecosystem. Key announcements will include four new policy guidelines, the ground breaking ceremony for IIT Indore, the launch of an AI-based Centre of Excellence, and new MoUs for cutting-edge technology labs such as Animation, Visual Effects, Gaming, Comics, and Extended Reality. These initiatives will enhance research, skill development, and industry partnerships. The event will also see the foundation laying of some private investment major projects. More than 300 industry leaders, policymakers, and investors are likely to participate, discussing advancements in IT, Information Technology Enabled Services, semiconductors, drone technology, and data centres. The conclave will also mark the inauguration of Jabalpur IT Park Block B, valued at Rs 25 crore and expected to create more than 500 jobs. The MoUs for new Centres of Excellence in AI, cybersecurity, semiconductors, and drone technology will be signed with institutions like Maulana Azad National Institute of Technology, Bhopal; Indian Institute of Science Education and Research, Bhopal; and Indian Institute of Information Technology and Management, Gwalior. A dedicated investment portal will be launched for project tracking, alongside four new policy guidelines to enhance the investment climate.
Times of Oman
21-02-2025
- Business
- Times of Oman
India at forefront of providing growth engine to world, contributing 16 pc of Global growth: Goyal
Kochi: India is at the forefront of providing growth engine to world and contributing 16 per cent of world's overall growth, says Union Minister Commerce & Industry Piyush Goyal. Speaking at the Global Investors Summit 2025 in Kochi on Friday, he emphasized that India's economic rise is a result of both central and state governments working together, fostering a spirit of competition and collaboration. "It is only when the states grow, the country can grow. And today, 16 per cent of the world's growth comes out of India. We are at the forefront of providing the growth engine to the world," Goyal stated. He highlighted that a successful economic strategy involves states cooperating with the central government while also competing with each other to attract investment and promote development. The Union Minister expressed strong support for Invest Kerala, the state's initiative to attract investment. He reiterated the central government's commitment to working alongside Kerala and other states to boost economic growth, manufacturing, tourism, and infrastructure development. Goyal also recalled how Prime Minister Narendra Modi's Vibrant Gujarat summit set the stage for large-scale investment summits in India. He stated that originally an annual event, it later became bi-annual and served as a model for state-level investment promotion efforts. He credited such initiatives for strengthening cooperative federalism, where both state and central governments work as a team to drive economic progress. Highlighting India's rapid economic advancement, Goyal pointed out that the country has moved from being the world's 11th largest economy to the 5th largest in the last decade. "We are poised now to become an internationally relevant player in the world. We have moved from the 11th largest economy to the 5th largest economy in the last 10 years," he asserted. With India continuing to attract global investments and expand its economic influence, Goyal expressed confidence that the country will play an even greater role in shaping the world's economic future.
