Madhya Pradesh to Partner with a Progressing Rajasthan; CM Mohan Yadav interacts with investors in Textile City Bhilwara
Chief Minister Dr. Mohan Yadav has said that Madhya Pradesh has today emerged as one of the fastest-growing states in the country. He stated that investing in Madhya Pradesh is advantageous in every respect. CM Dr. Yadav said, “Connect with the heart of India, connect with the centre of growth and opportunity. Owing to its central location, Madhya Pradesh is rapidly emerging as a strategic hub for trade, industrial development, and product exports. .”
CM was addressing local investors, business leaders, industrialists and representatives of various industrial organizations on Thursday at the ‘Interactive Session on Investment Opportunities in MP’ held in the textile city of Bhilwara, Rajasthan. He inaugurated the session by lighting the ceremonial lamp. President of Mewar Chamber of Commerce, Anil Mishra, accorded a traditional welcome to the CM by presenting him with a Mewari turban, angavastram and a bouquet.
CM Dr. Mohan Yadav said that Madhya Pradesh and Rajasthan have long shared a fraternal bond, marked by strong trade and economic ties. He recalled that late Padma Vibhushan Ghanshyam Das Birla of Rajasthan had established Grasim Industries Limited in Nagda, Ujjain district. The business communities of Marwar and Mewar are known for their exceptional entrepreneurial skills.
Immense potential in the textile sector in MP
CM stated that he has personally taken charge of the state’s Industries Department to ensure seamless industrialisation and the timely resolution of all issues. He highlighted the immense potential in the textile sector in Madhya Pradesh. The foundation stone for the country’s first and largest PM MITRA Park in the textile sector has already been laid in the state. In collaboration with Rajasthan Chief Minister Shri Bhajanlal Sharma, the government is prepared to take this sector to greater heights. The Chief Minister invited investors from Mewar to establish their industries and businesses in Madhya Pradesh.
Strong foundations for investors
CM informed that 18 new industry-friendly policies have been implemented in the state. A vast land bank, ample water availability, skilled human resources, excellent logistics connectivity, and transparent administration together provide the best investment climate.
Chairman of the Sangam Group, Dr. S.N. Modani, said that Bhilwara is renowned for its textile industry and manufacturing sector. The interactive session would familiarise investors with sector-specific opportunities in Madhya Pradesh. The Confederation of Indian Industry (CII) is working with the governments of Madhya Pradesh and Rajasthan to promote industrial activities.
Bhilwara is globally renowned as a textile city
Secretary of the Mewar Chamber of Commerce, R.K. Jain, said that Bhilwara is globally renowned as a textile city. Since 2020, the Chamber has been working in close coordination with the Government of Madhya Pradesh, which has led to increased industrial growth in border districts such as Neemuch.
Jain said the state has formulated an excellent industrial policy, and investors now receive full administrative support with just a phone call. He urged the Chief Minister to establish a Technical Textile Park near Neemuch, which would generate new opportunities for investors and employment for local youth.
The interactive session under the ‘Invest in MP’ initiative was attended by Rajasthan’s Minister of State (Independent Charge) for Cooperation, Gautam Kumar Dak; Bhilwara MP Damodar Agarwal; Rajya Sabha Member from Madhya Pradesh Balyogi Umeshnath Maharaj; representatives of industry bodies; major regional industrial groups; and investors.