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Mumbai, July 2024: Madhya Pradesh Chief Minister Dr. Mohan Yadav recently hosted an interactive discussion with renowned businesspeople in Mumbai, underlining the state’s ongoing efforts to create a favorable climate for investment. The event, part of the “Invest Madhya Pradesh: Road to GIS-2025” project, highlighted the state’s potential in a variety of areas, including energy, tourism, health, and mining.
Dr. Yadav emphasized the government’s aggressive efforts to recruit investors and develop the state’s economy. “We are dedicated to strengthening Madhya Pradesh’s economy by fostering a welcoming environment for investment. This would not only increase our state’s GDP but also create job chances for our citizens,” he stated.
The Chief Minister announced the state’s ambitious target of doubling its GDP from ₹3.5 lakh crore in five years. “To reach our objectives quickly, we use a combination of industry promotion and process acceleration. “We have enormous potential in sectors such as mining, education, tourism, pharmaceuticals, IT, agriculture, and aerospace,” Dr. Yadav remarked.
The Prime Minister’s Vision and Madhya Pradesh’s Contribution
Dr. Yadav lauded Prime Minister Narendra Modi’s leadership in lifting India to the world’s fifth largest economy and voiced faith in the country’s ability to become the third largest. “Prime Minister Modi’s emphasis on strengthening the country and its people has raised the dignity of Indians across the world. We are now more self-sufficient, and our surrounding nations have more faith in us,” he said.
Interactive Sessions and Future Plans
Shri Raghavendra Singh, Principal Secretary of Industrial Policy and Investment Promotion, delivered talks at the Mumbai session, which also included a video about Madhya Pradesh‘s industrial investment potential and tourism destinations. Prominent industrialists from the Aditya Birla Group, Larsen & Toubro, and Reliance Group attended the meeting, participating in group talks and one-on-one conversations with the Chief Minister.
Looking ahead, Madhya Pradesh plans to organize a Regional Industry Conclave (RIC) on July 20 to boost small businesses and a Global Investors Summit in Bhopal in February 2025 to attract large-scale investments. These events attempt to highlight each region’s distinct assets while also addressing regional imbalances.
Chief Minister Dr. Mohan Yadav’s attempts to attract investments are expected to develop Madhya Pradesh into a thriving economy that contributes considerably to India’s GDP. With detailed plans and an investor-friendly climate, the state is on track to reach its full potential.