Adani Group to Invest Rs60,000-Cr, RIL 40,000-Cr in MP in various sectors
Adani Group to Invest Rs60,000-Cr, RIL 40,000-Cr in MP in various sectors
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MADHYA PRADESH: The Adani Group on Wednesday announced plans to invest Rs 60,000 crore in the coal, energy, agriculture, renewable energy, and mineral exploration industries. At the opening session of the 7th edition of the Global Investors Summit (GIS), which was hosted by the Madhya Pradesh government here at Brilliant Convention Centre, the top business organisations, including Adani Group, Reliance Group, Adita Birla Group, and JSW Group, pledged investments totaling several thousand crores of rupees.

Reliance Group and Aditya Birla Group announced plans to invest Rs 40,000 crore and Rs 15,000 crore, respectively, while Adani Group committed to an investment of Rs 60,000 crore. JSW Group also promised to invest Rs 4,500 crore in the state over the following two years.

Appealing to the industrialists to invest in Madhya Pradesh, the state Chief Minister Shivraj Singh Chouhan said it is the fastest growing state in India with adequate land and water, surplus electricity, skilled manpower, good infrastructure and pro-industry policies. He said that Madhya Pradesh’s growth rate is highest in the country at 19.76 per cent, its contribution to country's GDP now stands at 4.6 per cent, its GSDP is 12 lakh crore. "We have 2 lakh acres of land bank for industries.

The industrialists who have come to attend the GIS can put a finger on the state's map and we will allocate the land within 24 hours. We have the round-the-clock power supply. We have ample water for industries as we have rivers like Narmada which flow all through the year. Madhya Pradesh is also a peaceful state with intact law and order means.. The state has also have skilled manpower and we are making global skill park in Bhopal where manpower will be trained as per the requirements of the industries. Above all, we have ease of doing business policy. In the recent rankings, MP was adjudged No 1 in good governance," the CM said. He also said that the infrastructure of Madhya Pradesh has also improved in last two decades. Indian Diaspora from London told us during the Pravasi Bharitya convention that Indore roads are better than that those in London.

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