Jabalpur: Chief Minister Dr. Mohan Yadav has said that setting up of industries in various sectors will be the top priority. New industries will come up in textile, defense equipment manufacturing, pharmaceutical, and tourism sectors.
Dr. Yadav was addressing the Regional Industry Conclave at Subhash Chandra Bose Cultural and Information Center, Jabalpur on Saturday. He made announcements intending to encourage industries. Leading industrialists from India and abroad participated in the conclave. CM Dr. Yadav said that an ultra-modern skill development center will be set up in textile sector, which will benefit women by offering employment opportunities.
Industrialists from five countries and states of the country participated in the Conclave. Dr. Mohan Yadav laid the foundation stone for 29 industrial units and performed the groundbreaking ceremony for 38 industrial units, thus initiating a total of 67 units. Investments worth 1500 crores will be made. Similarly, employment will be given to 4500 people. Intent letters were handed over for the allocation of 340 acres of land. The IT, ITES, and ESDM Policy 2023 was launched.
Army tanks will be built in MP
An agreement worth Rs. 600 crores was signed between Ashok Leyland and Armored Vehicle Corporation Limited in the presence of Chief Minister. This is a new step in this sector. Dr. Yadav said tanks will now be built for the army.
Investment of 6000 cr through 16 industrial parks
CM Dr. Yadav said that through 16 industrial parks, investments worth Rs 6,000 crores have been made by small, medium, and micro industries. This has provided employment opportunities to 20,000 people.
Diamond cutting will begin
Dr. Yadav said that after Odisha, Madhya Pradesh is second in the mineral sector. Transparent processes of auctioning mines have been considered leading in the country. For this, the Government of India has also encouraged them. Diamond cutting will start in the state.
State focusing on food processing
CM Dr. Yadav urged industrialists to come to Madhya Pradesh. He said that the state is focusing on food processing sector. Two mega food parks are coming up. Eight food parks are already operational. Chief Minister Dr. Yadav urged the MD of Volvo Eicher to start a research center in Madhya Pradesh.
CM Dr. Yadav inaugurated an exhibition related to industrial development at the beginning of the inauguration session.
Representatives from various industrial organizations, including Adani Power, Netlink, Vaidyanath Group, Davat Foods, Volvo Asher, A V N L, Swaraj Shooting, Lohia Energy, Infosys Dubai, and Dalit Chamber of Commerce (DCCI), were present among the dignitaries.
All investors were invited to participate in the Global Investor Summit to be held in Bhopal on February 7-8, 2025.
A short film highlighting the special features of Madhya Pradesh was screened. More than four thousand investors gathered at the Jabalpur Regional Industry Conclave. Entrepreneurs engaged in one-on-one discussions for investments. The conclave focused on five sectors: agriculture, mining, defense, tourism, and garments industry.
Various sessions with more than 700 buyers and sellers facilitated discussions between businesses and potential investors. Approximately 30 one-on-one meetings were held between the CM and leading industrialists.