Invest Madhya Pradesh: Road to GIS 2025 Interactive Session on Investment Opportunities in Madhya Pradesh 08thAugust 2024 Four Seasons Hotel, Bellary Rd, Bengaluru

Government of Madhya Pradesh successfully organisedits 3rdldquoInteractive Session on Investment Opportunities in Madhya Pradeshat the Four Seasons Hotelin Bengaluruon August 8 2024 The sessionaimed to promote the upcoming ldquoInvest Madhya Pradesh Global Investors Summit2025rdquo and attract Investors to establish Industry in Madhya Pradesh This event also provided a platform to showcase the States investment potential to key industry stakeholdersand investors from various sectorsOver 500 prominent industrialists and representatives from 10 industry associations such as NASSCOM IESA TIE CIMI KASSIA FIEO AEPC FKCC and representatives of Global Capability Centers GCCs participated in the event The key focus sectors included IT ITeSamp ESDM Space Techand PharmaceuticalsThe session on the Investment Opportunities in Madhya Pradesh witnessed the participation of 15 foreign delegates from countries like Australia Switzerland France Italy Britain Poland Cambodia Morocco Peru Tunisia NamibiaThe programme commenced on 7th August with a visit of Honrsquoble Chief Minister to Hindustan Aeronautics Limited This visit offered a deep understanding of the production processes involved in Aerospace and Defence equipment manufacturingAn informative roundtable discussion on the Space Technology Sector was also organised The discussion aimed to understand Indiarsquos current space technology landscape gather insights from space tech startups and companies identify areas where Madhya Pradesh could engage with the growing space economy andexplore collaborations with academic institutions and the private sector Additionally it addressed policy measures and initiatives to attract space tech companies to the stateIn a subsequent roundtable discussionwith NASSCOM industry leaders from Cognizant Infosys TCShighlighted the statersquos potential in the digital economy They emphasised the benefits of expanding IT infrastructure and employment opportunitiesLed by the Honrsquoble Chief Minister of Madhya Pradesh Dr Mohan Yadav the main event on 8th Augustfeatured a series of significant interactions presentations and MoUs designed to strengthen the States Industrial ties with regions key industrial playersNotable industrialists who shared the daiswithHonrsquoble Chief Minister Madhya Pradesh Dr Mohan YadavincludedMr Mohandas PaiPadma Shree andCofounderAarin Capital PartnersMr Sidhharth Sethi Managing Director of Infobeans and Mr Shiv Venkatramani Chief Operations Officer of Lapp IndiaAround 40 onetoone meetings were arranged between industry leaders and the Honrsquoble Chief Minister fostering indepth discussions and potential collaborations Meetings withprominent companies such as Nvidia Google Cloud Infosys Aarin Capital Partners Tech Mahindra HP AGI Glaspac Kaynes Kirloskar Bosch Lapp India Groww Goldman Sachs and Thiagarajar Mills provided an opportunity for investors to gain a deeper understanding of Madhya Pradeshs businessampindustrial environment and the States commitment of supporting new ventures through policy initiatives and infrastructure developmentDuring the inaugural session Mr Siddharth Sethi Managing Director InfoBeans Ltd opened the forum with his welcome remarks ldquoThe favourable Government policies make Madhya Pradesh an ideal State for investment offering singlewindow clearance and exceptional infrastructural development The infrastructure of Madhya Pradesh is truly No 1rdquoMr Raghwendra Kumar Singh Principal Secretary Department of Industrial Policy and Investment Promotion Govt of MP gave an insightful presentation on investment opportunities in Madhya Pradesh and provided valuable information for investors exploring business prospects in the State He said ldquoMadhya Pradesh offers attractive policies to boost manufacturing including up to 4037 investment in plant and machinery The State also emphasises green industrialisation providing assistance for waste management systems infrastructure development for power and water tariff rebatesrdquoMr Sanjay Dubey Principal Secretary Department of Science amp Technology Govt of MP showcased investment prospects in the IT ITeSamp ESDM SectorHe said ldquoMadhya Pradesh is committed to providing a conducive environment for the sector Our startup policy offers 128 Cr to support 57 startups Two startups from Madhya Pradesh have already become unicorns reflecting the states belief in the power of startups and its youth ldquoDr Navneet Mohan Kothari Secretary Dept of MSME Govt of MP highlighted the Statersquos initiatives in supporting small and medium enterprisesMadhya Pradesh boasts a robust and thriving MSME sector with a healthy femaletomale working ratio The Government provides fiscal incentives fully developed sites and conducive policies to support this industryMs Bidisha Mukherjee Additional Managing Director Madhya Pradesh Tourism Board presented on the tourism potential of Madhya Pradesh emphasising investment prospects in religious wildlife adventure and film tourismThe session also featured insights from prominent industrialists Mr Mohandas Pai Padma Shree andCofounder Aarin Capital Partnerssaid ldquoThe future of India will be defined by five big States in India and Madhya Pradesh is one of them The Statersquos policies enlightened Government infrastructure and purchasing power are like none otherrdquoMr Shiv Venkatramani the Chief Operations Officer of Lapp India said ldquoMadhya Pradesh always had great plans for infrastructure and industrial growth Lapp Indiarsquos Bhopal plant has become the No 1 plant as per German standardsrdquoHonrsquoble Chief Minister Madhya Pradesh Dr Mohan Yadavin his address outlined the governmentrsquos vision and initiatives to promote investment innovation and sustainable development in the State He saidldquo Madhya Pradesh thrives on its united strides towards growth Under the visionary leadership of Honble Prime Minister Shri Narendra Modi India has advancedand Madhya Pradesh is moving forward in tandem Indiarsquos startups are exponentially growing and they will propel the nation onto the global stage bringing the recognition and prestige the nation deservesMadhya Pradesh is dedicated to advancing with the nation Rooted in its rich history and traditions and inspired by Vikramadityarsquos commitment to supporting the nation the State is focused on standing with its people This enduring legacy distinguishes Madhya Pradesh not only within India but on the global stageA significant milestone was achieved with the signing of 4 MoUs between Madhya Pradesh State Electronics Development Corporation Ltd and key industry associations including the India Electronics amp Semiconductor Association IESA TIE Global Electronic Industries Association of India ECLINA Association of Geospatial Industries AGI These MoUs aim to facilitate increased cooperation and investment in Madhya Pradeshs thriving IT ITES amp ESDM sectorMr Chandramauli ShuklaManaging Director MP Industrial Development Corporation Ltd delivered the Vote of Thanks at the conclusion of the Interactive Session on Investment Opportunities in Madhya Pradesh He expressed his gratitude to all participants for their engagement and highlighted the importance of collaboration in driving economic growth He said ldquoIn the past six months MPIDCrsquos team following the Honble CMrsquos industry outreach initiative has visited many states Looking ahead many more destinations are planned to boost awareness and interest in Invest Madhya Pradesh Global Investors Summit 2025rdquoThe event provided a platform to engage with 100 key stakeholdersthrough various networking sessions and 4 round table sessions on IT ITeSamp ESDM sector Apparel Sector Spacetech Sector and with the GCCsThe event featured a significant roundtable on Global Capability Centres GCCs where esteemed organisations such as Siemens Cargill and Goldman Sachs participated The objective of this roundtable was to create an understanding about GCCs and to hear from industry captains about the key initiatives that Madhya Pradesh should take for attracting GCCs to the state leveraging local talent and technology for economic growthThe Interactive sessionat Bengaluruconcluded with roundtable discussions on Apparel and IT amp ITES sectors The IT sector roundtable focused on innovation collaboration and sustainable growth aligning with Madhya Pradeshrsquos vision for global IT prominence Meanwhile the apparel roundtable discussed the apparel industryrsquos growth highlighted key industrial areas like the upcoming PM Mitra Textile Park in Dhar emphasized technology integrationandstressed the need for workforce developmentThe event attracted investments totaling Rs 3200 crores across various sectors including IT ITeS ESDM Textiles Agriculture and Food processing and other Manufacturing sectorsThe interactive session in Bengaluru provided a valuable platform for dialogue with industry leaders and investors showcasing the statersquos commitment to creating a business and industry friendly environment that supports innovation and economic growth The Department of Industrial Policy and Investment Promotion Govt of Madhya Pradesh is keen on advancing the State through these interactive sessionsbeingheld in various cities both in India and abroad and are envisaged as a pathway to thelsquoGlobal Investors Summit 2025rsquo to be held in February next year The goal is to anticipate a prosperous trajectory of investments aiming to transform the state into a US 550 billion economy

Invest Madhya Pradesh: Road to GIS 2025 Interactive Session on Investment Opportunities in Madhya Pradesh 08thAugust 2024 Four Seasons Hotel, Bellary Rd, Bengaluru

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Invest Madhya Pradesh: Road to GIS 2025 Interactive Session on Investment Opportunities in Madhya Pradesh 08thAugust 2024 Four Seasons Hotel, Bellary Rd, Bengaluru

Other Articles

Mid-Day Fast