MP CM Dr. Mohan Yadav Inaugurates New Manufacturing Plant of LiuGong India; New Production Unit in Pithampur to Generate 5,000 Jobs
Madhya Pradesh CM Dr. Mohan Yadav inaugurated the expanded manufacturing facility of LiuGong India Pvt. Ltd in the Pithampur Industrial Area of Dhar district on Wednesday. He said the government has opened every avenue of support and incentives for investors looking to invest in the country.
CM said Pithampur is the ‘growth engine’ of Madhya Pradesh's industrial economy. The industrial township has played a pivotal role in translating the incentives offered under the Make in India–Make in MP initiative into tangible investments.
He said, "We are making every effort to attract more investors to Madhya Pradesh and are developing a complete supporting ecosystem for ‘Make in India–Make in MP’ in Pithampur."
Pithampur developing as a major hub for green industries
CM Dr. Yadav said that the State Government is developing Pithampur as a major hub for green industries, electric vehicles, advanced manufacturing and global exports to meet future industrial requirements.
He added, "We are creating an integrated industrial value chain here, spanning automobiles, electronics, engineering, pharmaceuticals, textiles and technology." LiuGong Machinery Co. Ltd. President (Chairman) Zheng Xin welcomed Chief Minister Dr. Yadav by presenting him with a bouquet.
LiuGong Expansion to Generate Over 5,000 Jobs
CM Dr. Mohan Yadav said that LiuGong is among the world's largest manufacturers of heavy earthmoving equipment. With nearly two decades of operations in Pithampur, the company's expansion will increase its annual production capacity from 3,250 to 7,500 machines.
The expansion will create 600 direct jobs and generate more than 5,000 indirect employment opportunities through ancillary industries and the supply chain. With the commencement of production at the new facility, the share of components sourced from Indian industries will increase from 40 per cent to 60 per cent, giving a significant boost to the State's MSME, engineering and auto component sectors.
Pithampur Emerging as Major Industrial Hub
Chief Minister Dr. Yadav said that Pithampur has emerged as a major hub for the auto components industry, attracting investments of nearly Rs 1.5 lakh crore and generating employment for 4–5 lakh people. He recalled that Prime Minister Narendra Modi laid the foundation stone of the country's first PM MITRA Park in Dhar last September. The integrated textile park, he said, will prove to be a boon for cotton growers in the Malwa and Nimar regions.
New LiuGong Plant to Strengthen Construction Equipment Manufacturing
Chief Minister Dr. Yadav said the new LiuGong manufacturing unit, established on a 20-acre site with an additional investment of Rs 272 crore, will give Madhya Pradesh a new identity in construction equipment manufacturing. In its initial phase, the plant will have the capacity to manufacture 6,500 construction equipment units annually, primarily excavators. The machines produced at the facility will play a vital role in the manufacturing sector, reduce dependence on imports, and generate more than 5,000 employment opportunities.
LiuGong Executives Welcome Expansion
LiuGong Global Vice President Shri Lyu Guobing described the inauguration as a landmark occasion for the company. He said the new manufacturing plant inaugurated by Chief Minister Dr. Yadav would generate local employment, strengthen the economy of the State and the country, and emerge as a major global centre for research and machinery manufacturing.