Madhya Pradesh: boAt Lifestyle Co-founder Aman Gupta Meets CM Dr. Mohan Yadav; Assures Support to Strengthen State's Startup Ecosystem

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Madhya Pradesh: Chief Minister Dr. Mohan Yadav met Aman Gupta, Co-founder of boAt Lifestyle, Mumbai, along with other company officials at Samatva Bhavan, the CM’s residence.

CM Dr. Yadav informed Gupta that the Startup Policy 2025 has been implemented in Madhya Pradesh, which is proving highly beneficial for youth. He said that youth entrepreneurship is being actively promoted in the state, with 47 per cent of startups led by women entrepreneurs, which is a notable achievement. 

The Chief Minister stated that the number of startups in Madhya Pradesh is three times the national average. He also briefed Gupta about the Electronics Manufacturing Cluster being developed in the Indore–Pithampur region.

CM said that Madhya Pradesh offers vast opportunities for investment & production across multiple sectors and sustained efforts are underway to position the state among the country’s top startup ecosystems. At present, over 6,000 startups are registered in the state, and the government aims to double this number. 

CM Mohan Yadav emphasised that the youth of the state should receive guidance from experienced & successful entrepreneurs and the state government is making special efforts in this direction. In this context, mentorship from seasoned entrepreneurs of boAt Lifestyle will prove extremely beneficial.

Aman Gupta assures CM of full support

Co-founder of boAt, Aman Gupta, assured Chief Minister Dr. Yadav of full support for investment in Madhya Pradesh as well as for strengthening the startup ecosystem. He said that he sees immense talent among the youth of Madhya Pradesh and expressed his willingness to provide mentorship and actively participate in youth entrepreneurship programmes. Gupta also described his participation in the Startup MP – Hack & Make 2026 Try-Tech held in Bhopal as a positive and enriching experience.

boAt Lifestyle is a leading consumer electronics company engaged in the manufacturing and marketing of audio products such as earphones, headphones and speakers. The company is continuously expanding domestic manufacturing under the ‘Make in India’ initiative.

Principal Secretary, Industrial Policy and Investment Promotion, Raghvendra Kumar Singh and Managing Director, Madhya Pradesh State Industrial Development Corporation, Chandramouli Shukla, were also present on the occasion.

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