Now Reading: MP attracts Rs 8,635 crore investment, 5,785 jobs in Ahmedabad roadshow
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MP attracts Rs 8,635 crore investment, 5,785 jobs in Ahmedabad roadshow
MP attracts Rs 8,635 crore investment, 5,785 jobs in Ahmedabad roadshow
Madhya Pradesh has secured investment proposals worth Rs 8,635 crore at a roadshow in Ahmedabad, with the potential to create 5,785 jobs. Chief Minister Mohan Yadav chaired the session, which drew over…
The Story in Brief
Madhya Pradesh has secured investment proposals worth Rs 8,635 crore at a roadshow in Ahmedabad, with the potential to create 5,785 jobs. Chief Minister Mohan Yadav chaired the session, which drew over 500 industrialists, investors and corporate representatives on Wednesday.
The largest proposal, of Rs 3,000 crore, came from Goldcrest in the cement sector. Other major offers include Rs 2,500 crore from Aegios Polyfilms in packaging and Rs 500 crore from Eris Lifescience in pharmaceuticals. Yadav highlighted upcoming projects such as a chemical refinery at Bina, a Medical Device Park in Ujjain, and PM MITRA Parks in Dhar and Navsari, and assured investors of land, water and power availability.
The Indian Opinion
An investment roadshow in Gujarat generating Rs 8,635 crore in proposals for Madhya Pradesh is heartening, but the fine print matters. Proposals are not signed cheques. The 5,785 jobs figure depends on actual implementation, and track records of such announcements often show a gap. The real test will be how many of these letters of intent convert into factory foundations by next year. Watch for ground-breaking dates, not just press releases.
Source: freepressjournal.in
This story was synthesised by AI from the source linked above.
