In a landmark move aimed at boosting industrial growth and creating employment opportunities, Chief Minister Mohan Yadav announced a significant milestone at the inaugural ceremony of the two-day regional industrial conference in Ujjain. The Madhya Pradesh government has successfully laid the groundwork for an impressive investment of Rs 1 lakh crore.
Expressing his satisfaction with the outcome of the event, Chief Minister Yadav stated, ‘I am happy that the outcome of this event has laid the ground for investment of Rs 1 lakh crore. History is being created. The MP government wants to do concrete work instead of rituals of events so that proposed investments turn into reality.’
Highlighting the government’s commitment to facilitating industrial growth across the state, Yadav announced the allotment of 508 hectares of land to companies, paving the way for the establishment of 283 industrial units. This initiative entails a total investment of Rs 12,170 crore and is expected to provide employment opportunities to more than 26,000 people.
The Chief Minister also utilized the occasion to inaugurate and lay the foundation stones of 61 industrial units through a video conference, further signaling the state’s dedication to fostering a conducive environment for investment and job creation. These units are projected to generate employment for over 17,000 individuals, with a proposed investment of Rs 10,064 crore.
The event witnessed a significant turnout, with more than 800 investors and 30 foreign delegates participating. Notable firms such as the Adani Group, JK Cement, VE Commercial Vehicles, and MDH were among the prominent participants.
In addition to industrial growth, the state government’s initiatives also focused on promoting exports of agricultural products, handloom, and handicrafts from Madhya Pradesh. More than 3,200 units have registered under the programme during the buyer-seller meet, reflecting a positive stride towards enhancing the export potential of the state.
