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Investments proposals worth over Rs 15.42 lakh crore received at MP GIS: Chouhan

CM says the investments will generate employment opportunities for 29 lakh people

shivraj_singh MP CM Shivraj Singh Chauhan

Madhya Pradesh Chief Minister Shivraj Singh Chouhan has said that the seventh Global Investors' Summit (GIS) of the state has brought in investment proposals of over Rs 15.42 lakh crores and it will open up possibilities of generating employment opportunities for 29 lakh people.

Chouhan's claim came at the valedictory session of the two-day summit at Indore on Thursday evening. He added that the state government won't allow even a single penny of industrialists putting in investments to go to waste and a seven-pronged approach will be adopted for this. These include dialogue, cooperation, facility, acceptance, bridge, simplicity and coordination. 

Giving details of his claim on investment proposals, he said that proposals have been received for an investment of Rs 6,09,478 crore in the renewable energy sector, Rs 2, 80,753 crore in urban infrastructure, Rs 1,06,149 crore in the food processing and agriculture sector, Rs 98,305 crore in mining and related industries, Rs 78,778 crore in information technology, Rs 76,769 crore in chemical and petroleum industry, Rs 71,351 crore in various services sectors, Rs 42,254 crore in automobile and electric vehicle sector, Rs 17,991 crore in pharmaceutical and health sector, Rs 17,916 crore in logistics and warehousing sector, Rs 16, 914 crore in textile and garment sector and Rs 1,25,853 crore in other sectors.

Chouhan said that all the ministers of the state, central ministers, ambassadors of different countries, business leaders and officers-employees deserve thanks for the success of the Global Investors Summit. The blessings of Prime Minister Modi and President Droupadi Murmu were also received. Keeping in view the future need for such programmes, a new convention centre with a capacity of 10,000 people will be built in Indore, he said.

The CM said that business delegates from 84 countries took part in the summit including 10 partner countries. Also, representatives of embassies of 35 countries took part. More than 2600 meetings were held in two days, in which over 5000 business persons took part. Agreements were signed with a total of 36 foreign business organisations. G-20 partners and many business delegates joined the summit. 

Online grievance redressal for industrialists 

Chouhan said that industrialists will not have to come to the capital Bhopal to get their problems solved. For this a separate window “How Can I Help You” will be started on the invest.mp.gov.in portal. Those with grievances will be contacted by a team and cases followed up at the Chief Minister’s level. 

He also said that industrialists will not require any permission for three years to set up industries in the notified areas of the state. There will be no inspection of the industrial unit during this period. The facility of plug-and-play, which is until now in the field of information technology, will also be provided in the garment and other industry sectors. 

The CM concluded by saying that PM Modi has lots of hopes and expectations in many areas for industrial development in Madhya Pradesh, which will be fulfilled.

Union ministers from Madhya Pradesh including Minister of Agriculture and Farmers Welfare Minister Narendra Singh Tomar, Civil Aviation Minister Jyotiraditya Scindia, Minister for Social Justice and Empowerment Dr Virendra Kumar Khatik, Minister of State for Rural Development and Steel Faggan Singh Kulaste also spoke on the occasion, highlighting the potential of Madhya Pradesh as an excellent investment destination.

Canada's Commerce Minister Jennifer Daubeny said that CM Chouhan has created a business-friendly environment in Madhya Pradesh. Presently some Canadian companies are working in Madhya Pradesh. More investment will be made in Madhya Pradesh in future.

Mauritius' Social Integration Minister Fazila Jeewa-Daureeawoo said under the leadership of PM Narendra Modi and Chouhan, the partnership between the two countries in economic and other fields will get a boost. Ambassador of Norway Holmes Jacob said this country will work with Madhya Pradesh, especially in the renewable energy and technology sector.

Among the Indian industrialists, Kamal Bali of Volvo, Think Gas chairman Amit Sengupta, chairman of Rajratan Group Sunil Chordia Praveen Kankaria, MD, Impetus Group and group head of Asian Paints, Amit Singh also spoke on the occasion.

Union External Affairs Minister S Jaishankar conveyed his best wishes through a video message. State Industrial Policy and Investment Promotion Minister Rajvardhan Singh Dattigaon were also present.

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