ANI
29 Jun 2025, 21:11 GMT+10
Surat (Gujarat) [India], June 29 (ANI): Madhya Pradesh Chief Minister Mohan Yadav on Sunday held a roadshow in Gujarat's Surat, aimed at attracting investments from the western state's industrialists and businesses into his state.
Talking to reporters in Surat -- a key industrial hub in Gujarat-- CM Yadav said his state has a lot of potential for investments in various sectors.
He also noted that investment proposals worth Rs 15,710 crore were announced today, with approximately 11,500 new employment opportunities.
Detox Corporation Private Limited will invest Rs 7,500 crore, while KPI Green Energy Limited will invest Rs 6,500 crore in Madhya Pradesh, Chief Minister Mohan Yadav said.
'There is a lot of potential in Madhya Pradesh. Madhya Pradesh has various policies, in addition to the ease of doing business. Today, Madhya Pradesh is standing at a point where from all over the state, as well as from outside the country, entrepreneurs from all sectors are ready to work with us, be it textile, gems, jewellery, chemical, pharma engineering, and all different types of investors,' the chief minister briefed reporters.
'Many other entrepreneurs have expressed their willingness to join Madhya Pradesh. Those who are already involved have doubled their work and decided to build better relations with Madhya Pradesh as a future potential state,' the chief minister added.
The Madhya Pradesh government, according to the chief minister, is also ready to work side-by-side and improve relations with its neighbouring states.
On the state's future and its contribution to developing India's dreams by 2047, he said Madhya Pradesh aims to contribute USD 2 trillion to the national economy.
'Prime Minister imagines 30 trillion dollars (as part of Viksit Bharat dreams). Therefore, every state should take its own target. We also target to ramp up our economy to USD 2 trillion, and that will be our contribution to the national economy,' the chief minister added.
Ashish Gujrati, a Surat-based businessman and former President of Gujarat Chamber of Commerce, talking to ANI, said, he had a good discussion about Madhya Pradesh CM and textiles.
'We discussed how can one invest in textiles in Madhya Pradesh, and especially our textile ecosystem of Surat, the benefits of this ecosystem and the benefits of its experience, and replicate in Madhya Pradesh. We discussed how to develop the textile ecosystem in Madhya Pradesh. The policy of Madhya Pradesh is also very attractive. So there is a lot of investment scope from Surat to Madhya Pradesh,' Ashish Gujrati added.
Nikhil Madrasi, the President of the Southern Gujarat Chamber of Commerce and Industry, said industrialists of Surat are ready to bring industry in Madhya Pradesh.
'I can say with great pleasure that we have told him that there is a lot of scope in Surat. And Surat's industry wants to develop, whether it is Madhya Pradesh or Rajasthan or the whole country. We only need Ease of Doing Business. If we get the opportunity for Ease of Doing Business, then the industrialists of Surat are ready to bring industry anywhere,' he added.
Ashok Girawala, President, Federation of Gujarat Weavers Association, said: 'Industry is growing in the whole country, whether it is Odisha or Telangana or Bengaluru. Industries are growing everywhere, so I believe that Bhopal as well as Madhya Pradesh will also become a textile hub.'
Chairman of South Gujarat CII, Hetul Mehta, said, 'The pharmaceutical industry is one of the fastest-growing industries across India. The ease of doing business and the policies that have come forward for the pharmaceutical industry are a very great investment for the pharma, not only for the Indian domestic market but also for export. India will become one of the largest players in the world in the pharmaceutical industry. All the policies that are in place should favour the pharmaceutical industry so that growth can come into the industry. It's one of the best places to invest.' (ANI)
Get a daily dose of India Gazette news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to India Gazette.
More InformationSAN FRANCISCO, California: Across the U.S., a growing number of people are taking obesity treatment into their own hands — literally....
SAN FRANCISCO, California: Under pressure from European regulators, Apple has revamped its App Store policies in the EU, introducing...
NEW YORK CITY, New York: The U.S. dollar tumbled this week, hitting its lowest levels since 2021 against the euro, British pound, and...
NEW YORK CITY, New York: Walmart is set to close a major Sam's Club fulfillment center in Fort Worth, Texas, as part of a shift in...
SAN FRANCISCO, California: A U.S. judge has dismissed a copyright lawsuit filed by 13 authors against Meta Platforms, the company that...
DUBAI, U.A.E: Oman is set to introduce a personal income tax as part of its strategy to reduce dependency on hydrocarbon revenues....
NEW DELHI, India: India has decided not to allow a United Nations (UN) investigator to join the investigation into the recent Air India...
CAPE CANAVERAL, Florida: In a landmark flight for three nations and a veteran U.S. spacefarer, a four-member astronaut crew launched...
New Delhi [India], June 29 (ANI): On this day last year, not only did India end their 11-year-long ICC trophy drought by winning the...
Puri (Odisha) [India], June 29 (ANI): Following the tragic stampede during the Jagannath Rath Yatra in Puri that claimed three lives...
Chiang Mai [Thailand], June 29 (ANI): The Indian senior women's team continued their emphatic run in the Asian Football Confederation...
Mumbai (Maharashtra) [India], June 29 (ANI): It was a belligerent, brilliant, and breathtaking performance from the Chennai Bulls,...