11 Jan 2023

Indore Global Investors Summit: Indore will be country's next IT destination, Says MP CM Chouhan; Reliance Group To Expand 5G Facility In State

Indore: At the Global Investors Summit, Madhya Pradesh Chief Minister Shivraj Singh Chouhan has said that the next destination of IT in the country will be Indore. Cleanliness and better working environment have been established as a brand by us. Easy procedures for industry & investment, helpful & encouraging behaviour and better connectivity along with adequate infrastructure makes the state suitable for investment in all sectors. 

CMi Chouhan said this in a one-to-one discussion with industrialists and investors before the Global Investors Summit. 

Reliance Group will expand 5G facility in entire state

Nikhil R Meswani of Reliance Industries said that economic activities are increasing due to investment in service sector. Therefore, Reliance Group will make 5G facility available in the entire state till the tehsil level by the end of this year. 

175 petrol pumps are being operated by the group in the state, this number will also be doubled. Reliance Group is keen to make big investment in the solar energy sector. For this, necessary survey and study is going on in Chambal region. The group is also willing to invest in setting-up complete textile processing units in the state. 

Dalmia Bharat Group will set-up cement plant

In a discussion with Chief Minister Chouhan, Puneet Dalmia of Dalmia Bharat Group made a proposal to set-up a cement plant in state and to encourage tree plantation on the waste land of the state to develop a healthy carbon cycle. 

Godrej to invest in real estate

Nadir Godrej of Godrej Industries expressed his desire to invest in the real estate sector in view of increasing urbanisation in the state. Along with this, he informed about the plan to set-up agro-chemical industry. 

Adani Group plans to invest 60 thousand crores

Pranav Adani of Adani Agro Oil and Gas said that his group has plans to invest Rs. 60 thousand crore in the fields of minerals, energy, agriculture, renewable energy and coal in the state. CM Chouhan also apprised him about the possibilities of setting-up food processing units in the state.

Tata Group will expand its activities

Noel Tata of Tata International said that his group will expand its activities in the state. The group will also increase the number of its retail outlet units in the state. 

ITC Group to set up 1000 FPOs

Sanjeev Puri of ITC Group said that 300 Farmers Producer Organisations (FPOs) are being operated by ITC in the state. The target is to expand these and set-up 1000 FPOs, an investment of Rs 1500 crore will be made in this. 

ITC Group is going to set-up a packaging and food processing unit in the state. The packaging unit will start by the end of this year. The group is promoting the cultivation of aromatic plants. A unit based on its processing will also be established in  state. 

Rekha Menon of Accenture Group described state's IT policy as useful. Accenture has started operations in Indore only 6 months back, where 1400 people are working. The group will expand its activities in the state.

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