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Envoys of 11 nations to attend Global Investors Summit in Madhya Pradesh

The Global Investors Summit is scheduled to be held in Indore from October 8-10, with the theme 'Invest Madhya Pradesh'.

By: Press Trust of India | Bhopal |
September 19, 2014 1:59:43 pm
(Suggestive image) The Global Investors Summit is scheduled to be held in Indore from Oct 8-10. Reuters (Suggestive image) The Global Investors Summit is scheduled to be held in Indore from Oct 8-10. Reuters

To attract major investment in Madhya Pradesh during next month’s Global Investors Summit, the state government is making all efforts for participation of not just leading captains of the industry but also ambassadors and high commissioners of 11 countries.

Besides leading Indian industries, six nations – Australia, Mexico, Canada, Czech Republic, Republic of South Africa and Quebec – will also be participating in the summit as partner countries.

The ambassadors and high commissioners of Poland, Belgium, Bangladesh, Bolivia, Sweden, Mexico, Canada, Czech Republic, South Africa, Malaysia and Australia have also confirmed their participation, state Principal Secretary Industries Mohammad Suleiman told PTI today.

The Global Investors Summit is scheduled to be held in Indore from October 8-10, with the theme ‘Invest Madhya Pradesh’.

“The three-day summit will aim to showcase the strengths and industrial prowess of Madhya Pradesh and provide global platform for interaction with the Indian industry leaders, policy makers and other stakeholders,” Suleiman said.

The focus sectors will be agri-business and food processing, automobile and engineering, healthcare, industrial infrastructure, pharmaceuticals, IT and ITes, renewable energy, textile and handloom, technical education and skill development, tourism and urban development, he said.

Highlighting strengths of MP, he said, “The state is rich in natural resources including fuels, mineral agriculture and biodiversity. Besides, it is the only diamond producing state in the country.”

The state has the coalfield with Asia’s thickest coal seam (135m) as well as India’s largest opencast copper mine. Around 14 per cent of the country’s cement is produced in Madhya Pradesh, Suleiman added.

Referring to agriculture growth, Suleiman said with highest food grain production in India, Madhya Pradesh has received three ‘Krishi Karman’ award for three consecutive years – 2012, 2013 and 2014 – and that the food processing industry has an immense potential in the state.

By virtue of its thick forest cover, the state has immense potential for wildlife tourism, and adventure and eco-tourism, Suleiman said.

Since availability of land is a major issue for setting up industries, the state has earmarked major land parcels around Indore, Bhopal, Ujjain, Jabalpur and Gwalior for investors to explore, he said adding that about 20,000 hectares of land is available for industrial development.

The state is also planning to rollout red-carpet for prominent industries including Reliance Industries Chairman Mukesh Ambani, ITC Limited Chairman YC Deveshwar, Mundra Port and SEZ Ltd CMD Gautam Adani, Reliance ADAG Group Chairman Anil Ambani, Essar Group Chairman Shashi Ruia, Procter and Gamble India’s CEO Shantanu Khosla and Google India Private Ltd MD Rajan Anandan to ensure fruitful investment, he added.

Chief Minister Shivraj Singh Chouhan had earlier announced he would be presenting a report card of previous such events held in the state for the benefit of investors during the beginning of the summit.

 

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