CM Mohan Yadav to inaugurate MP-RISE 2025 conclave in Ratlam
Bhopal (Madhya Pradesh) [India], June 27 (ANI): Madhya Pradesh Chief Minister Mohan Yadav will inaugurate the MP-RISE 2025 (Regional Industry, Skill and Employment) conclave in Ratlam district on Friday.
The event aims to reshape the path of industrial, economic, and social progress in the state. It will also bring together investment, employment generation, skill development, and beneficiary-oriented welfare programs into a comprehensive model.
On the occasion, CM Yadav will also virtually perform the bhoomi-pujan (foundation stone laying) and inaugurate employment-oriented industrial units in Rewa, Sagar, Alirajpur, and Pithampur.
With the theme 'Successful Entrepreneurs, Prosperous Industries, Inclusive Growth,' the event is being organised by the Department of Industrial Policy and Investment Promotion, with active participation from the Department of Micro, Small, and Medium Enterprises (MSME) and the Department of Technical Education, Skill Development, and Employment.
More than 2,500 participants, including MSME entrepreneurs, investors, trained youth, bankers, and government officials, are expected to attend.
The Chief Minister will distribute job offer letters to youth and hand over letters of intent and land allotment documents to industrialists for new investment projects. He will also interact with beneficiaries from selected districts and felicitate three banks for outstanding performance in self-employment credit schemes.
According to an official release, the Conclave will witness the Bhoomi-Poojan of 16 new industrial areas worth Rs 243 crore and the inauguration of 11 state industrial clusters. Over Rs 2,400 crore in aid will be disbursed to more than 2 lakh beneficiaries under various employment and entrepreneurship schemes.
Additionally, the MSME Department will sign MoUs with Walmart and ONDC to boost market access for local enterprises. Letters of intent will be issued for investment proposals worth Rs 2,850 crore, expected to generate over 5,450 new jobs.
CM Yadav will also inaugurate an exhibition showcasing inspiring success stories in self-employment and entrepreneurship. Over 100 innovation-based stalls will feature ODOP/GI-tagged products, MSME units, and start-up innovations.
Three thematic sessions will be held, focusing on investment policies, ease of doing business, technical education, and skill development.
The Chief Minister will deliver a special address and also hold one-on-one meetings with investors. MP RISE 2025, being hosted in Ratlam, represents the Madhya Pradesh government's strategic vision for inclusive, participatory, and self-reliant development. The conclave will promote regional industrial and skill-based balance, open new avenues for women entrepreneurs, and offer emerging opportunities to investors.
MP-RISE 2025 is not just a conclave, but a transformative platform for shaping the future of Madhya Pradesh's industrial and employment ecosystem. (ANI)
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Standard
21 minutes ago
- Business Standard
Alembic Pharmaceuticals Ltd leads gainers in 'A' group
Jindal Worldwide Ltd, RattanIndia Power Ltd, AAVAS Financiers Ltd and Force Motors Ltd are among the other gainers in the BSE's 'A' group today, 30 June 2025. Jindal Worldwide Ltd, RattanIndia Power Ltd, AAVAS Financiers Ltd and Force Motors Ltd are among the other gainers in the BSE's 'A' group today, 30 June 2025. Alembic Pharmaceuticals Ltd surged 13.49% to Rs 1103 at 11:46 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 4.68 lakh shares were traded on the counter so far as against the average daily volumes of 5051 shares in the past one month. Jindal Worldwide Ltd soared 10.36% to Rs 61.58. The stock was the second biggest gainer in 'A' group. On the BSE, 4.29 lakh shares were traded on the counter so far as against the average daily volumes of 31183 shares in the past one month. RattanIndia Power Ltd spiked 6.94% to Rs 15.4. The stock was the third biggest gainer in 'A' group. On the BSE, 374.19 lakh shares were traded on the counter so far as against the average daily volumes of 193.98 lakh shares in the past one month. AAVAS Financiers Ltd spurt 6.20% to Rs 2115.45. The stock was the fourth biggest gainer in 'A' group. On the BSE, 33883 shares were traded on the counter so far as against the average daily volumes of 7113 shares in the past one month. Force Motors Ltd advanced 6.06% to Rs 15377.15. The stock was the fifth biggest gainer in 'A' group. On the BSE, 8028 shares were traded on the counter so far as against the average daily volumes of 12061 shares in the past one month.
Business Standard
30 minutes ago
- Business Standard
Insolation Energy rises as subsidiary secures 109.79 MW solar project
Insolation Energy rose 1.55% to Rs 274.50 after its wholly owned subsidiary, Insolation Green Energy, received a Letter of Intent (LOI) from Jaipur Vidyut Vitran Nigam Limited (JVVNL). The LOI is part of the PM-KUSUM Component A scheme, which promotes solar energy for agricultural use. The contract involves end-to-end responsibilities, right from design and survey to supply, installation, testing, and commissioning of grid-connected solar power plants across 58 locations. It also includes a 25-year commitment for operations and maintenance from the date of commissioning. These projects will be implemented in RESCO mode, where the developer retains ownership and sells power to the utility. The total capacity of the combined solar projects stands at 109.79 MW. To connect the solar plants to the grid, the company will also build associated 11 KV lines linking to various 33/11 KV substations, along with a remote monitoring system for performance tracking. The contract is expected to be fully executed by the end of Q1 of FY 2026-27 and represents a total investment of around Rs 380 crore. The levelized tariff for the electricity generated has been finalized at Rs 2.55 per unit for 51 sites, Rs 3.037 per unit for 6 sites, and Rs 3.04 per unit for one site. Collectively, these plants are projected to generate 17.56 crore units annually, translating to an estimated annual revenue of approximately Rs 45.82 crore. Jaipur-based Insolation Energy is a leading solar panel manufacturer in India. The company's consolidated net profit surged 60.53% to Rs 64.92 crore while net sales jumped 57.32% to Rs 721.73 crore in H2FY25 over H2FY24.
New Indian Express
30 minutes ago
- New Indian Express
‘Invent in Telangana' to power 1 trillion dollar economy by 2035, says Minister Sridhar Babu
HYDERABAD: IT and Industries Minister D Sridhar Babu on Sunday shared that Telangana's Index of Industrial Production (IIP) recorded a Compound Monthly Growth Rate (CMGR) of 2.9% in the first quarter of the current financial year, well above the national average of 0.52%. At the valedictory function of IITEX 2025, organised by FTCCI at HITEX, the minister said the state's Gross State Value Added (GSVA) from industry touched Rs 2.77 lakh crore in 2024–25, with notable growth in power consumption (15.6%), GST collections (9.8%) and payroll enrollments (13.9%). Highlighting the state's shift from 'Make in India' to 'Invent in Telangana', he said over Rs 3 lakh crore in investments had been attracted in the past 18 months, including Rs 40,000 crore in the life sciences sector. This has led to 150 new projects, creating over 51,000 direct and 1.5 lakh indirect jobs, he added. Sridhar Babu outlined a zonal development strategy: technology and services inside the ORR, manufacturing between ORR and RRR and agri-rural innovation beyond the RRR. The long-term goal, he said, is to grow Telangana's economy to USD 1 trillion by 2035 and USD 3 trillion by 2047. Sridhar also emphasised the government's focused efforts to strengthen MSMEs. 'In the past 18 months alone, over 15,000 new MSMEs have been established in Telangana. Our goal is to increase MSMEs' contribution to state's GSDP to 10%,' he said. A dedicated MSME policy is under implementation, with new parks being set up in every district, especially to support women, SC and ST entrepreneurs, the minister said. FTCCI president Suresh Kumar Singhal and other senior office-bearers were also present.
