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Madhya Pradesh received investment proposals worth about 20 thousand crore rupees at Kolkata Summit | News India

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Bhopal, September 20 (HS). The state government organized an investors summit and road show at Hotel JW Marriott in Kolkata on Friday on the investment possibilities in Madhya Pradesh. In the summit, the state received investments worth Rs 19,270 crore from various sectors including food processing, chemicals, cement, steel, plastic and renewable energy, which will create 9,450 employment opportunities. MP Birla Group will set up a cement unit at Badnagar in Ujjain at a cost of Rs 3500 crore.

Addressing industrialists and industrial organizations in the road show, Chief Minister Dr. Yadav said that the government will have to walk on par with industrialists in the caravan of development. We are willing to work with industrialists with a positive and cooperative attitude. Madhya Pradesh welcomes industrialists with open arms. He said that Indians are world leaders in terms of intelligence, ability, competence, but positive thinking and favourableness of the government is essential to achieve success. Results can be achieved only with coordination in all the organs of the government and a supportive environment. There are ample possibilities for all industrial sectors in Madhya Pradesh.

He said that the state invites entrepreneurship and creativity of people from all regions, be it Coimbatore or Kolkata. The state government is ready to provide all possible support and assistance. Be it readymade garments, mining, energy or tourism sector, medium and heavy industries from all sectors are invited to the state, the industrial policies of the state government are flexible and inclusive. The state government is eager to welcome industries with an open heart.

About 700 delegates from India and abroad and consulates and representatives of many countries participated

CII President and ITC Group Chairman and MD Sanjeev Puri, Madhya Pradesh Birla Group MD and CEO Sandeep Ghosh, Swara Hygiene Pvt. Ltd. MD Alok Birla, Tata Steels MD Sandeep Kumar were specially present in the session in Kolkata with the aim of increasing investment and industrial activities in all regions of the state for balanced economic development of all regions of the state. In the opening session of the road show, a short film was also screened focusing on the infrastructure, facilities and other possibilities available for industrial expansion and investment in Madhya Pradesh. About 700 delegates from the country and abroad and consulates and representatives of many countries participated in this important platform of direct dialogue between industrialists and the government with the aim of promoting investment opportunities in Madhya Pradesh and strengthening business relations.

Industrialists should recognize the opportunities available in Madhya Pradesh and make good use of their time

Chief Minister Dr. Yadav said that under the leadership of Prime Minister Narendra Modi, India's economy has jumped from the 11th position to the fifth position in the world. The Prime Minister is striving to make the country's economy the third largest economy in the world. Madhya Pradesh is also striving with full commitment to achieve this goal of Prime Minister Modi. The Chief Minister invited the industrialists of West Bengal to expand their activities in Madhya Pradesh. He said that they should use their talent, ability and competence to identify the opportunities available in Madhya Pradesh for expansion of industrial activities. We should all make good use of time and move forward for the progress of ourselves and the country under the leadership of Prime Minister Modi. Let us move forward on the path of progress by being determined to take the industries, state and country forward with mutual cooperation.

Indian culture gives importance to economic prosperity along with good governance

The Chief Minister said that Kolkata is the city of Mahakali and he himself comes from Ujjain, the city of Mahakal. Creation of the universe is from Mahakal and Mahakali. God has special blessings on Kolkata, it was from here that Swami Vivekananda had predicted that the 21st century would belong to India and his guru Swami Ramakrishna Paramhans, understanding the human religion, had established the Ramakrishna Mission, taking a pledge to bring about a change in the lives of the poor of India on the basis of karma. Wishing that everyone should have happiness and enthusiasm in their lives, Indian culture believes in the principle of “live and let live”. On this basis, the state government is committed to the balanced economic development of the entire state. For this purpose, the series of Regional Industry Conclaves is being held at the regional level.

Industrialists working in Madhya Pradesh shared their experiences

Confederation of Indian Industries President and ITC Chairman and MD Sanjeev Puri shared his experience regarding the industrial activities conducted by his group in Madhya Pradesh. He praised Madhya Pradesh's investment friendly and timely industrial policies and the favourable environment of the state for the industry as well as the general public. MP Birla Group MD Sandeep Ghosh said that a cement unit will soon be set up in Badnagar of Ujjain at a cost of Rs 3500 crore. He expressed the need to start air service from Kolkata to Bhopal and Jabalpur. He said that MP Birla Group has the maximum investment in Madhya Pradesh.

Swara Hygiene shifted its business from Kolkata to Indore

Swara Hygiene Pvt. Ltd. MD Alok Birla said that Madhya Pradesh is a land of opportunities along with operational ease and peace. His company, which manufactures diapers and other hygiene products, has shifted its entire business from Kolkata to Indore. In 2017, an investment of 40 crores was made in Madhya Pradesh, which has now become 500 crores. They are expanding their activities by investing 300 crores in 37 acres of area. Tata Steel Downstream MD Sandeep Kumar said that more than 700 people participating in the roadshow and discussion session shows the interest of the people of the industry and business world in investing in Madhya Pradesh.