Global Investor Summit- A way towards the stronger economy
Global Investor Summit- A way towards the stronger economy
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Madhya Pradesh is going to witness 7th edition of the "Invest Madhya Pradesh- Global Investors Summit" in a  2 day event on January 11th and 12th, 2023 at the Brillant Convention Centre, Indore. It is a flagship investment promotion event held by Department of Industrial Policy and Investment Promotion, government of Madhya Pradesh. In this 2 day event multiple investors from around the globe will come under one roof to invest thier money in multiple sectors, helps in boosting Madhya Pradesh economy. 

Madhya Pradesh being the heart of India with having an annual GSDP growth of over 8% during the last decade.  There are 8 focus sectors in the summit which are- Food processing, Textile and Garments, Pharma and Healthcare, Automobile, Logistics and Warehousing, IT and ESDM, Tourism, Aerospace and Defence. This affair will provide leaders, industrialists and experts a platfrom to come together and share the emerging market trends and to provide ways to access the higher investment potential of Madhya Pradesh. 

Madhya Pradesh having the advantage of being centrally located having direct connectivity with major markets and cities such as New Delhi, Kolkata, Ahmedabad, Mumbai and Hyderabad. Its having 40+ national highways, 95+ industrial infrastrcture (parks), 45+ services, 550+ trains pass through the state daily. Madhya Pradesh working on to ovecome the challanges of land locked economy for which state has developed 7 Inland Container Depot (ICD) and in process of developing Multi-Modal Logistics Parks (MMLP). 

The state has witness the massive investments in infrastructure of Rs 1.27 trillion in last five years, and going to have another investment cycle after a long gap. Investment officials are expecting a huge foreign direct investment (FDI) inflow during the 2 day event. State has an higher GSDP than the national average in yera 2021-22. During the October 2019 and September 2022 state has collected a huge FDI of $ 519 million, standing at the 15th position among other states, as per the official data.    

Madhya Pradesh has been moving rapidly towards the electrically powered and fuel cells based vechiles (EV) with tendency of becoming EVs hub. State also has managed to receive a wooping amount of $ 356.5 million foreign capital investment. 
The garment sector of the state comes with a special bundle of incentives- interest subsidy of 5% for 7 years on al term loan taken for plant and machinery, employment generation of 5000 employees per month for a period of 5 years, and skill develpment and training expenes reimbursement assistance of Rs 13,000.

Shivraj Singh Chouhan during a meeting address the summit and invites the investors from around the globe to reside in Indore and participate in the summit. Chouhan said that the state government will provide full support and extend cooperation to the investors as it is committed to deliver a best experience for both investors and states.     

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