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14 Jul 2024

MP: Top industrialists evince interest in investing in MP in meeting with CM Mohan Yadav in Mumbai, see details


The country's top industrialists whole-heartedly appreciated the approach of Chief Minister Dr. Mohan Yadav towards trade and business in a programme organised at Mumbai on Saturday in the backdrop of MP Global Investors' Summit-2025. On the initiative of CM Dr. Yadav, various sessions of dialogue with industrialists, discussions with investors were held. 


Godrej may set up plant of consumer products in MP


Godrej Consumer Products Limited Executive Chairperson Nisaba Godrej said that efforts are being made to set up an integrated plant of consumer products in the state. An investment of Rs 400 to 500 crore will be made on this plant. Efforts will be made to start production in the coming year.


Appreciating Chief Minister Dr. Yadav's concern for biodiversity conservation, Hindustan Construction Company Chairman and Managing Director Ajit Gulabchand discussed proposals for construction work using the latest technology without disturbing biodiversity and providing connectivity facilities.


Larsen & Tourbo and Parle Agro present investment proposals


In a one-to-one session, CMD of Larsen & Tourbo SN Subramaniam presented proposals for investment in indoor IT complex and data centre and Parle Agro CEO Shona Chauhan presented proposals for investment in the production of beverages and dairy products in the state. 


Leading industrialists and investors participated in the discussions


CII Vice President Mukandan praised the state's Seekho-Kamao scheme and apprised about the investment proposals by the members of the organisation. Reliance Anil Dhiru Bhai Ambani Group Chairman Anil Ambani, GSW Cement and Paint Managing Director Parth Jindal, Heitz Group MD and CEO Andre Eckoldt, Lodha Group MD Abhinandan Lodha, Supreme Industries Limited Managing Director SJ Taparia along with many other industrialists and investors participated in the discussion.


During the interactive session, Welspun Group Chairman VK Goenka said that the budget for industries has been hiked by 40 percent. This will provide great relief to the industries and the pace of industrial development will become speedier. Madhya Pradesh will become the country's investment destination and contribute to the Prime Minister's efforts to build a developed India.


Grasim Industries MD HK Agarwal said that the Grasim Group has been associated with the state since the country's independence. 


CM encouraged the youth in round table meeting with start-ups


After the interactive session, CM Dr. Yadav held a round table meeting with institutional investors. He discussed the investment friendly policies and work culture of the state. In the round table meeting with start-ups, the CM encouraged the youth to participate in the development of the state. He inspired the establishment of IT industries in various districts of the state and to prepare products from abundant minerals and agricultural raw materials available in the state. He said that the government's policy and intention to boost the trade and business of the state is clear. 

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