Bhopal, Jan 16: The Madhya Pradesh government has received investment proposals worth more than Rs 32,500 crores during the 7th Regional Industrial Conclave (RIC) held in Shahdol district on Thursday.
Key Points
1.
Received Rs 32,500 cr investment proposals at Shahdol RIC
2.
Targets creating 30,000 employment opportunities
3.
Declared 2025 as 'Year of Industry and Employment'
4.
Preparing for Global Investors Summit in February
Addressing the closing ceremony of RIC at the grounds of the government engineering college in Shahdol, Chief Minister Mohan Yadav said the investment proposal is expected to generate employment for over 30,000 youths. He highlighted that with its rich heritage, evolving industrial landscape, and infrastructural developments, Shahdol is rapidly transforming into an investment-ready hub.
"This conclave marks a significant step in attracting investments, strengthening MSMEs, and fostering regional growth. We have received investment proposals of more than Rs. 32,500 crores, which will provide around 30,000 employment opportunities in the coming days," Yadav stated. He further mentioned that the state government has declared 2025 as the 'Year of Industry and Employment' to promote industrial development in Madhya Pradesh.
"Through initiatives like the Regional Industry Conclave, we are committed to making MP a shining example of growth, development, and an investment hub," he added. At least six RICs were organized between March and December 2024, during which the state government received investment proposals worth more than Rs. 3.75 lakh crore, expected to generate nearly 85,000 jobs in the state while ensuring industrial growth, according to the Madhya Pradesh government.
Notably, the first edition of the RIC was organized in Chief Minister Yadav's home district Ujjain on March 1 and 2, 2024. The second edition took place in Jabalpur on July 20, followed by the third in Gwalior on August 28. The fourth edition was held in the Sagar division on September 27, while the fifth edition occurred in Rewa on October 23. The sixth edition took place in Narmadapuram (Hoshangabad) division on December 7, 2024.
Subsequently, the state government will kick-start preparations for the 'Madhya Pradesh - Global Investors Summit - 2025', to be held in Bhopal on February 24. The Chief Minister announced that Prime Minister Narendra Modi will inaugurate the Global Investors Meet.