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Indore-rooted investors in UAE show strong interest in MP projects

Indore-rooted investors in UAE show strong interest in MP projects

Time of Indiaa day ago
Bhopal: CM Mohan Yadav received a rousing reception from the Indian diaspora in Dubai on Sunday, with a group of prominent entrepreneurs, many with roots in Indore, expressing strong interest in investing in Madhya Pradesh.
The Indori International Business Network (IIBN) organised a special event, which saw the participation of over 25 CEOs and more than 15 prominent entrepreneurs who expressed keen interest in investing in MP, and shared specific proposals, stated an official statement issued here on Sunday evening.
IIBN is a licensed and well-established community of over 750 members in the UAE, comprising professionals from various fields including business, medicine, engineering, banking and education.
Members of IIBN presented their investment ideas in detail to the chief minister. The core committee members — Ajay Kasliwal, Prem Bhatia, Anju Bhatia, Nilesh Jain, Manoj Jharia, Naseer Khan and Amit Shrinivas — shared that Indori expatriates in the UAE are enthusiastic about exploring investment opportunities in Madhya Pradesh and have confidence in the support and guidance offered by the state govt.
Rs 1,000 cr proposal for sustainable city project
Chartered accountant Praveen Mehta proposed a private-sector initiative worth Rs 100 crore for the care of senior citizens and a Rs 1,000 crore investment project to develop a zero-carbon Sustainable City in Madhya Pradesh.
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Yadav said the state govt was already running dedicated welfare programmes for senior citizens whose children reside abroad.
Proposal for foreign university campuses
Anju Bhatia, CEO of Dubai-based Future Wise Education, proposed the establishment of foreign university campuses in Madhya Pradesh under the National Education Policy 2020. She emphasised that this would allow students in the state to earn international degrees while studying in their home region.
Prem Bhatia, one of the first from Indore to settle in Dubai, shared that thanks to his early efforts, over 400 families from Indore are now successfully employed in the UAE.
The CM appreciated the initiatives of the overseas Indian community and assured them of full cooperation from the state government. He reiterated that the Madhya Pradesh government is committed to providing a supportive and investor-friendly environment for non-resident Indian (NRI) entrepreneurs.
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