A two-day Global Investors Summit, which is billing Madhya Pradesh as a state of infinite possibilities, gets under way in Bhopal on Monday.
The Prime Minister will inaugurate the programme in the presence of Governor Manghubhai Patel and Chief Minister Mohan Yadav.
A very special visit to Bageshwar Dham. I commend their noble effort of working to improve healthcare and serve society. pic.twitter.com/bEf4Kv3vVq
— Narendra Modi (@narendramodi) February 23, 2025
The state has billed 2025 as the year of industry and employment. The state hopes to create two million employment opportunities in the next five years by focusing on labour intensive industries.
The 13 focus sectors for the summit include aerospace and defence; mining; automobiles and auto components; renewable energy; textiles and garments; and pharmaceuticals, medical devices and healthcare.
In addition, the event will host a mobility expo; One District One Product village; a Central Indian Fabric and Fashion expo and other sessions. The state is hoping to capitalise on its policies such as “Start your business in 30 days” and “Single Window System”.
Some unique initiatives undertaken have been the bid to set up a Drone Data Repository which will be a registry for government drone data and imagery. This will allow for real time updates and dynamic monitoring for efficient resources allocation and optimised infrastructure development.
The CM had visited Japan, Germany and UK to invite investors for the summit besides holding meetings in various Indian cities. A slew of policies, including one for MSME support, another for startups, for biofuels; for integrated townships and yet another for electric vehicles has been approved by the state cabinet of late.
The government is also pinning its hope on the semiconductor policy for large scale manufacturing as a prime driver for employment. This policy also has a component to promote research in the area.
Another area that the state hopes to score in is textiles, going through the whole value chain from raw material production to garment manufacturing and global exports. The state already contributes 43 per cent to India's organic cotton production. This translates into 24 per cent of the global production. Maheshwari fabrics, Bagh prints and Chanderi weaving are three prominent GI tags that the state already has.
