Latest news with #IndustryandEmploymentYear2025
Time of India
29-06-2025
- Business
- Time of India
MP to open industrial office in Ahmedabad, bags Rs 15k cr investment proposals
Bhopal: CM Mohan Yadav on Sunday announced that a new office of the Madhya Pradesh Industrial Development Corporation (MPIDC) will be set up in Ahmedabad to boost industrial growth and streamline investments from Gujarat. Yadav made the announcement while addressing an investor meet in Surat, where the state secured investment proposals worth Rs 15,710 crore. These proposals are expected to generate employment for 11,250 people, stated an official statement issued following the Surat conclave. Yadav emphasised that ease of doing business, transparency, fairness and adherence to timelines are key pillars of the state's approach to industrial and commercial growth. Under the banner of "Industry and Employment Year 2025", Madhya Pradesh is making significant strides in heavy industries, MSMEs, and cottage industries. Yadav highlighted Madhya Pradesh's industrial potential, geographical advantage, expanding infrastructure, and policy innovations. He underlined the state's 39% agricultural growth rate, skilled human resources and abundant mineral reserves, making it suitable for all sectors—textiles, pharmaceuticals, healthcare, and tourism among them. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like They Were So Beautiful Before; Now Look At Them; Number 10 Will Shock You Reportingly Undo He assured investors that subsidies in the state are directly transferred to beneficiaries' accounts under DBT, ensuring complete transparency. Gujarat, he said, has been a global leader in industry, and under the leadership of Prime Minister Narendra Modi, India has become more secure and prosperous, marked by transformative projects like the Ram Temple in Ayodhya, Mahakal Lok in Ujjain, and the revamped Kashi Vishwanath corridor. He praised Gujarat for giving the nation leaders like Sardar Vallabhbhai Patel and union home minister Amit Shah and highlighted that diamonds mined in Panna, Madhya Pradesh, are polished in Surat, just as cotton grown in Madhya Pradesh fuels Surat's textile industry. The session aimed to deepen connections with Gujarat's industrial groups, especially in textiles, chemicals, pharmaceuticals, engineering, and gems & jewellery. Yadav held one-on-one discussions with representatives of over 18 major companies from these sectors. Over 400 industry representatives participated in the session. CM Yadav inaugurated the event by lighting the ceremonial lamp. He was felicitated with mementos by members of the Gems & Jewellery Export Promotion Council (GJEPC), South Gujarat Chamber of Commerce and Metaxil. The CM welcomed investors to set up industries in Madhya Pradesh and assured them of all necessary support.
Time of India
28-06-2025
- Business
- Time of India
CM to pitch MP as investment hub at Surat meet today
Bhopal: CM Mohan Yadav will lead an interactive session titled "Investment Opportunities in Madhya Pradesh" in Surat on Sunday, as part of his govt's industrial outreach campaign under the Industry and Employment Year 2025 drive. It will be the second such engagement after a similar session held in Bengaluru. The govt stated that during the session, CM Yadav will present his vision for the state's long-term industrial development, highlight infrastructure expansion, and emphasise the investor-friendly ecosystem being cultivated in the state. He will also hold one-on-one meetings with industrialists to discuss sector-specific investment partnerships. The interactive session will spotlight sectors where Madhya Pradesh holds a distinct competitive edge, including textiles and garments, petrochemicals and chemicals, bulk drugs and pharmaceuticals, gems and jewellery, and engineering and allied manufacturing units. The event will showcase investment-ready projects, provide insights into 18 newly introduced sectoral policies, and inform participants about the wide range of industrial support facilities available in the state. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Forget Furosemide, Use This Household Item To Help Drain Edema Fluid WellnessGuide Learn more Undo Organised by the Department of Industrial Policy and Investment Promotion, this session is an initiative to establish a strategic industrial partnership between Madhya Pradesh and south Gujarat's industrial network, and to reinforce the state's image as a trusted investment destination. Prominent representatives from leading business houses, senior corporate leaders, and industry associations are expected to attend. A special feature film titled 'Infinite Possibilities in MP' will be screened, highlighting Madhya Pradesh's industrial strength, infrastructure, and policy innovations, the govt stated.
