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The Confederation of Indian Industry (CII) has announced its newly elected leadership for Madhya Pradesh for the year 2025-26. Siddharth Sethi, Co-Founder of InfoBeans Limited, has been appointed as the new Chairman of CII Madhya Pradesh, while Siddharth Chaturvedi, Executive Vice President of AISECT Limited, will serve as the Vice Chairman. This announcement was made during the CII Madhya Pradesh Annual Session 2025.
The annual session, themed “Global Recognition, Local Impact: Inclusive Development for a Developed Madhya Pradesh,” brought together prominent industry leaders and government officials to discuss the state’s future economic growth and development strategies. The event focused on key initiatives aimed at fostering industrial growth and promoting inclusivity in Madhya Pradesh’s development trajectory.
During the session, Raghvendra Kumar Singh, Principal Secretary of the Department of Industrial Policy and Investment Promotion, Madhya Pradesh, highlighted the government’s latest policies designed to encourage investments and support the state’s industrial growth. Singh announced that Madhya Pradesh has become the first state in India to implement the Global Capability Center (GCC) policy, which is expected to attract global businesses to set up operations in the state. He also detailed enhancements to the MSME policy, increasing the investment incentive limit to ₹200 crore and raising promotion benefits to ₹83 crore to drive MSME sector participation.
Singh further outlined the government’s focus on ease of doing business, mentioning the implementation of technology-driven solutions like the Single Window System, which aims to expedite business approvals and reduce bureaucratic hurdles for investors. He urged industry leaders to leverage these policies and explore investment opportunities in Madhya Pradesh to help the state realize its full economic potential.
Newly appointed Chairman Siddharth Sethi expressed his dedication to collaborating with both the government and industry to drive sustainable and inclusive growth in Madhya Pradesh. Sethi emphasized the importance of strengthening the state’s industrial ecosystem and attracting new investments that align with Madhya Pradesh’s long-term growth objectives. Vice Chairman Siddharth Chaturvedi echoed these views, underscoring the importance of innovation and partnership in fostering a robust business environment in the state.
The CII Madhya Pradesh leadership is expected to play a key role in enhancing the state’s global competitiveness while ensuring that development is inclusive and sustainable.