MP: CM Mohan Yadav receives Rs 36,600 crore investment proposals in Hyderabad; 27,800 jobs to be created
Bhopal: MP's Chief Minister Dr. Mohan Yadav has stated that everyone will work together to realize the existing investment potential in various sectors in Madhya Pradesh. The Madhya Pradesh government's 18 new investment policies are attracting investors. If necessary, every possible support will be provided to industrialists, even beyond the scope of these policies.
The CM stated that he has come to establish a new bond with investors in Hyderabad. Dr. Yadav stated that many industrialists in Hyderabad have expressed their desire to invest in Madhya Pradesh. Investment proposals worth Rs 36,600 crore have been received, which are expected to create approximately 27,800 jobs.
CM Mohan Yadav was addressing industrialists at the "Investment Opportunities in Madhya Pradesh" session held in Hyderabad on Saturday.
CM Mohan Yadav stated that he has traveled to other states without a political agenda, with a single objective: industrial investment. Such interactive sessions have served as a means to showcase the multifaceted potential of industrial development in Madhya Pradesh and invite investment. This trend will continue. Industrialists and investors applauded the Chief Minister's statement, expressing their support.
Chief Minister Dr. Yadav said, "I come from the city of Baba Mahakal. Madhya Pradesh is the only state in the country that produces diamonds. Pearls are produced in Telangana. Thus, our partnership is like that of diamonds and pearls. The people of Hyderabad can recognize a pearl; for them, recognizing a person is much easier.
CM Mohan Yadav said that Hyderabad is a city that moves forward by sensing the future. This means that Hyderabad is capable of predicting the future. He has come here to forge a new bond with investors.
Axis submitted an investment proposal of 29,500 crore rupees
Chief Minister Dr. Yadav held one-on-one discussions with industrialists at the "Investment Opportunities in Madhya Pradesh" session held in Hyderabad. During the discussion, 10 companies submitted investment proposals worth 36,600 crore rupees. This will create approximately 27,800 jobs.
Key investment proposals included 1,500 crore rupees in the packaging engineering sector by AGI Greenpack, 29,500 crore rupees in the renewable energy sector by Axis Energy Ventures India, and 1,000 crore rupees in the aerospace sector by Anant Technologies.
Besides, Automatsky Solutions Company proposed an investment of Rs. 1000 crore in the IT sector, Colaberi Inc. Company proposed an investment of Rs. 1000 crore in the pharma and trading sector, Dermacure Pharmaceuticals Company proposed an investment of Rs. 150 crore in the renewable energy and IT sector, Windponics India Company proposed an investment of Rs. 280 crore in the renewable energy and agriculture sector.
Vintage Coffee and Beverages Limited Company proposed an investment of Rs. 1100 crore in the food processing sector, Vishwanath Projects Limited Company proposed an investment of Rs. 350 crore in the infrastructure sector and Womenova Agro Food Park Private Limited Company proposed an investment of Rs. 720 crore in the food processing sector.
The Chief Minister held discussions with representatives of the pharma and biotech world in the round-table meeting of the pharma and biotech sector.