Madhya Pradesh Has Received Proposals Worth Rs 15,42,500 Crore For Investment : CM

Madhya Pradesh Chief Minister Shivraj Singh Chouhan has said that the state government has received proposals worth Rs 15,42,500 crores from industrialists and investors, to set-up industries in Madhya Pradesh. These proposals have come during the two-day Global Investors Summit.

Chouhan was addressing the closing session of the GIS on Thursday. He said that with these investments will not only add to the industrial strength of the state but will also provide employment to nearly 29 lakh people.

“Proposals have been received for an investment of Rs 6,09,478 crore in the renewable energy sector. Similarly, Rs 2,80,753 crore in urban infrastructure, Rs 1,06,149 crore in food processing and agriculture sector, Rs 98,305 in mining and related industries, Rs 78,778 crore in information technology sector, Rs 76,769 crore in chemical and petroleum industry, Rs 71,351 crore in various services sector, Rs 42,254 crore in automobile and electric vehicle sector, Rs 17,991 crore in pharmaceutical and health sector, Rs 17,916 crore in logistics and warehousing sector, Rs 16,914 crore in textile and garment sector and Rs 1,25,853 crore in other sectors,” Chouhan informed.

He further added, “Keeping in view the future need of such programmes, a new convention centre with a capacity of 10,000 people will be built in Indore.”

Giving details of the summit, he said, “Business delegates from 84 countries took part in the summit. There were a total of 10 partner countries. Apart from this, representatives of embassies of 35 countries took part. Over 2600 meetings were held in two days. More than 5000 businessmen took part. Agreements were signed with a total of 36 foreign business organisations. G-20 partners and many business delegates joined the summit.”