Bhopal (Madhya Pradesh): The state government is going to boast the adequate availability of industrial land to attract investors during the upcoming Global Investors Summit (GIS). A special presentation prepared for the summit has a special mention of the vast land availability for setting up industrial units in the State.
Officials of Madhya Pradesh Industrial Development Corporation, familiar with the matter, said that the state has over 1.25 lakh acres available to draw investment. The availability of adequate land for industrial purposes is going to be one of the major highlights during the summit.
Besides, officials will promote the state’s rich mineral reserves to attract investment. Madhya Pradesh leads in the production of copper ore, diamonds, and magnesium.
Adequate coal, limestone and rock phosphate reserves offer investment opportunities in mineral processing. Being the ‘Tiger State’ and home to UNESCO World Heritage sites like Sanchi and Bhimbetka, Madhya Pradesh plans to showcase its rich cultural heritage to promote tourism sector.
.jpg)
The government will also appeal to investors by emphasizing the availability of a skilled workforce and a strong talent pool. With premier institutes like IIT, IIM, and AIIMS, Madhya Pradesh.
The government will also highlight the availability of workforce and a strong talent pool. Madhya Pradesh is home to premier institutes like IIT, IIM and AIIMS and produces highly qualified professionals, making it an attractive destination for industries requiring skilled manpower.
Moreover, the state will also highlight its MSME sector and startup during the summit. MSMEs form the backbone of the state's economy, with over 9,000 operational units spread across 172 industrial clusters. The GIS will focus on strengthening MSMEs and providing them with growth opportunities. The focus will be on strengthening the MSME.
Follow-ups on proposals
A senior official of the industry department said that officials have been tasked to actively follow the invitations extended to the industrialists and investors. Even after the GIS, the intent of investment shown by investors would be pursued intensively to ensure that the state gets investment in myriad sectors.
