India has become an attractive destination for investment as representatives of 82 countries are participating and there are 10 partner countries in it. Indore: Shri Santosh Shukla, Director General of South Asian Chamber of Commerce and Industry (SACCI) said that MP Global Investors’ Summit was held in Indore city of Madhya Pradesh.
On this occasion, the Prime Minister extended a warm welcome to all the investors and entrepreneurs and highlighted the role of Madhya Pradesh in building a developed India. He said, “From faith and spirituality to tourism, from agriculture to education and skill development, Madhya Pradesh is a wonderful destination. The Prime Minister pointed out that the summit is taking place at a time when the golden age of India’s Amrit Kaal has begun and we are all working together to build a developed India. “When we talk about a developed India, it is not just our aspiration, but it is the resolve of every Indian”, the Prime Minister remarked as he expressed happiness for the confidence that every organisation and expert in the world are showing in Indians. Madhya Pradesh Chief Minister Shivraj Singh Chouhan also said the two-day summit will prove to be a milestone for the state’s economy. Indore will become a hub of the information technology (IT) industry, Madhya Pradesh chief minister Shivraj Singh Chouhan said at the 6th Global Investors’ Summit, adding that several companies have promised to invest ₹75,000 crore in the state.“The next destination of IT in the country will be Indore. Cleanliness and a better working environment have been established as a brand by us. Easy procedures for industry and investment, helpful and encouraging behaviour and better connectivity along with adequate infrastructure make the state suitable for investment in all sectors,” he said.
Chouhan also said the two-day summit which began will prove to be a milestone for the state’s economy.
“The summit is a global one in true sense as representatives of 82 countries are participating and there are 10 partner countries in it. The president of two countries, several foreign ministers, finance ministers and mineral ministers of different countries participated in the summit. There were many international industries and trade organisations also participating in it,” he said.
“There were buyers, sellers, over 5,000 industrialists, and 70 big industrial houses participated in the summit. There is an immense enthusiasm for investment in Madhya Pradesh, not only among domestic investors but investors across the world. I feel our efforts will bear fruit. I have to make the state a $ 550 billion economy by 2026 and this summit will be a milestone in this direction,” he added.
Adani Agro Oil and Gas managing director Pranav Adani said his company has decided to invest ₹60,000 crore in the mineral, energy, agriculture, renewable energy and coal sectors in the state.
ITC Group chairman Sanjeev Puri said Madhya Pradesh is more active than other states in the field of inviting investment. Tata International chairman Noel Tata said his group will expand its activities in the state. Nadir Godrej of Godrej Industries expressed his desire to invest in real estate in view of increasing urbanisation in the state. Reliance Industries executive director Nikhil R Meswani said the Reliance Group will make 5G network available in the entire state, till the tehsil level, by the end of this year. “Reliance Group is keen to make big investments in the solar energy sector.
In an endeavor to expand SAARC Countries reach beyond the Asia continent, SACCI has set up overseas offices actively working towards trade and investment promotion.
