Madhya Pradesh CM Mohan Yadav Meets Investors In Pune, Many MoUs Inked

Madhya Pradesh CM Mohan Yadav Meets Investors In Pune, Many MoUs Inked

Investors expressed keen interest in bringing their projects to Madhya Pradesh, citing the state's favourable business climate and growth potential.

Staff ReporterUpdated: Wednesday, January 22, 2025, 11:24 PM IST
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Madhya Pradesh CM Mohan Yadav Meets Investors In Pune, Many MoUs Inked | FP Photo

Bhopal (Madhya Pradesh): The state is set for substantial economic growth, as Chief Minister Mohan Yadav announced receipt of investment proposals worth thousands of crores during an interactive session with investors in Pune on Wednesday.

The event, which attracted over 300 investors from multiple industries, has already resulted in several Memorandums of Understanding (MoUs) being signed, giving a majorboostto state’s pursuit of becoming a leading investment hub.

Speaking at a press conference in Pune, CM Yadav detailed his one-on-one meetings with investors, which lasted for more than two hours. The discussions covered diverse sectors, including automobiles, dairy, horticulture, renewable energy, IT, engineering, and gaming.

Investors expressed keen interest in bringing their projects to Madhya Pradesh, citing the state's favourable business climate and growth potential. The Chief Minister also highlighted the deep-rooted cultural and economic ties between Pune and Madhya Pradesh, noting the significant Marathi communities in cities such as Indore, Ujjain, and Gwalior.

He underlined the state’s thriving mining sector, which is more prosperous than Maharashtra’s, and the vast opportunities for collaboration between the two states, particularly in areas like wildlife conservation and sustainable development.

CM meets industry captains

During his one-on-one meetings, Chief Minister Mohan Yadav apprised investors about the numerous opportunities Madhya Pradesh offers. He met Rakesh Nivani, Joint Managing Director of Jetline Private Limited, who expressed strong interest in investing in the gaming sector.

Tarun Sinha, President of Deepak Fertilisers and Petrochemicals Corporation Limited, showed keen interest in the state's mining sector. Hiroshi Yoshijana, Managing Director of Bridgestone India Private Limited, also praised the state's investment policy.

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