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Bhopal/Hyderabad, Nov 23 (IANS) Chief Minister Mohan Yadav on Saturday said the Madhya Pradesh government has received investment proposals worth over Rs 36,600 crore from various industries in Hyderabad and other southern states.
The Chief Minister shared that this investment is expected to create around 27,800 jobs in the private sector. He informed that many industrialists from Hyderabad have expressed interest in investing in Madhya Pradesh.
Mohan Yadav shared this information while addressing a large gathering of industry leaders in the ‘Investment Opportunities in Madhya Pradesh’ session held in Hyderabad on Saturday.
CM Yadav said that during his visit to other states, he did not keep any political agenda and his only objective was to promote industrial investment. “I come from the holy city of Baba Mahakal. Madhya Pradesh is the only state in India where diamonds are found, while Telangana is known for pearls,” Yadav said.
Addressing the session, the Madhya Pradesh Chief Minister said that Hyderabad is a city that moves with a vision for the future, which means it can predict upcoming opportunities.
“We are here to build new relationships with investors. Under the leadership of Prime Minister Narendra Modi, India has achieved a unique global identity. The country has broken many myths and achieved rapid growth in all sectors, including space,” he said.
CM informed that BEML has been allotted land in Madhya Pradesh for a rail coach manufacturing unit worth Rs 18,000 crore. Big investments are also being made in defense technology. The state is providing opportunities for investors in all sectors.
Yadav highlighted that the largest hydro pumped storage power project is being developed on Chambal river in Neemuch and will be completed in the next two years. Madhya Pradesh is fulfilling every promise made to investors.
“During one-on-one discussions with industry leaders at the session, 10 companies submitted proposals worth Rs 36,600 crore, which is expected to create around 27,800 jobs,” Yadav said in a statement later.
According to the government, major investment proposals received in Hyderabad include AGI Greenpack (Rs 1,500 crore), Axis Energy Ventures India (Rs 29,500 crore), Ananth Technologies (Rs 1,000 crore), Automatsky Solutions (Rs 1,000 crore), Colaberry Inc (Rs 1,000 crore), Dermacure Pharmaceuticals (Rs 150 crore).
–IANS
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