Seventh edition of MP Global Investors Summit begins in Indore

Bhopal:The two-day Global Investors Summit (GIS) organised by the Madhya Pradesh government began on Wednesday at the Brilliant Convention Centre in Indore. This is the seventh edition of GIS, and the state government has high hopes from business houses to invest in Madhya Pradesh.

Addressing a gathering of 431 delegates from 84 countries, Madhya Pradesh Chief Minister Shivraj Singh Chouhan said that industrialists have become familiar with the environment prepared for industries in the state.

Chouhan said that the seventh edition of GIS will prove to be a milestone for the state’s $550 billion economy. He was referring to the aim of making the state’s economy grow from $150 billion to $550 billion by 2026.

“The Global Investor Summit (GIS) is global in the true sense as representatives of 82 countries are participating and there are 10 partner countries involved. The President of two countries, several foreign ministers, finance ministers, and mineral ministers of different countries will be participating in the summit. Many international industries and trade organisations also participating in it,” Chouhan said.

Chouhan said that over 5,000 industrialists and 70 big industrial houses are participating in the summit.

“There is immense enthusiasm for investment in Madhya Pradesh, not only among the domestic investors, but investors from across the world. When Indore’s super corridor and roads were discussed, I used to compare them with America. Today, representatives of many countries are watching the work done in the basic areas, including cleanliness. Continuous work is being done for greenery and environment protection,” he said.

Chouhan also assured the investors, saying that the demand for land will be fulfilled on priority.

“There is sufficient availability of land in the state. The work of providing it for the establishment of industrial units will be done on priority. About two acres of land are available in the land bank created for Madhya Pradesh industries,” he said.

Centre’s debt/liabilities at 57.3% of GDP

New Delhi: The total amount of the Central government debt or liabilities is estimated at about Rs 155.8 lakh crore (57.3 per cent of GDP), as on March 31, the...

Delhi govt tables Eco Survey, per capita income grew by 14.18% in 2022-23

New Delhi: The national capital's per capita income grew by 14.18 per cent at the current prices in 2022-23 to Rs 4,44,768 compared to Rs 3,89,529 during 2021-22, the Delhi...

Stock markets across Asia fall as global banking fears widen

Hong Kong: Stock markets across Asia fell on Thursday as troubles at international banking giant Credit Suisse intensified fears of a wider bank crisis. Major indexes in Japan, Hong Kong...

Two US bank failures not to impact banks in India, APAC: Moody’s

Chennai: The successive failure of two private banks in the US -- Signature Bank and Silicon Valley Bank -- though would result in tightening of liquidity in the global debt...

Scientists agree that money can buy happiness

New York, March 13 (IANS) People get happy as they earn more, according to a new study which overturns the dominant thinking that money cannot buy happiness. The study published in...

‘Banking system is safe’: Biden reassures markets, people

Washington: US President Joe Biden on Monday attempted to reassure Americans that the banking system will hold up, media reports said. "Thanks to the quick action in my administration over the...

Delhi’s MLAs get over 66% salary hike

New Delhi: Ahead of the Delhi Budget session scheduled to begin from March 17, the salaries and allowances of MLAs and ministers have been increased to more than 66 per...

SVB collapse: Minister Chandrasekhar to meet Indian startups to see how govt can help them

New Delhi: As the collapse of Silicon Valley Bank (SVB) in the US left the Indian startup ecosystem worried, Union Minister of State for Electronics and IT, Rajeev Chandrasekhar, on...

India-born Rajesh Agrawal to lead London trade mission to India

New Delhi: London Deputy Mayor for Business Rajesh Agrawal will lead a delegation to India starting March 13, in a first in-person trade mission run by the Mayor's International Business...

Silicon Valley Bank collapse leaves Indian startups worried

New Delhi: The collapse of Silicon Valley Bank (SVB) in the US has left several Indian startups worried who have exposure to its investments and their raised funds may now...

Centre makes it compulsory for banks to record transactions of politically exposed persons

New Delhi: Centre has amended the Prevention of Money-laundering (Maintenance of Records) Rules, 2005, making it mandatory for banks and financial institutions to record financial transactions of politically exposed persons...

Budget to give new momentum to women-led development: PM

New Delhi: Prime Minister Narendra Modi on Friday said that this year's budget will give a new momentum to the efforts of women-led development. Addressing a post-budget webinar on "Economic...

Read Previous

Biden’s legal team finds fresh batch of classified documents

Read Next

Over 59 products unveiled, launched on Day 1 of Auto Expo

Leave a Reply

Your email address will not be published.

WP2Social Auto Publish Powered By :