In the UK, the delegation concentrated on minerals, semiconductors, health, automobiles, EVs, renewable energy, education, and food processing. Meanwhile, in Germany, the focus was on technology research, green energy, and industrial development. The SRAM and MRAM group proposed a Rs 25,000 crore investment in semiconductors and a science and technology park. Helion Pharmaceuticals also committed Rs 3,000 crore for a project in Indore’s Smart Industrial Park.
Investment Proposals from Germany
Germany’s Long House Partners suggested investing Rs 14,000 crore in technology and innovation. Additionally, AMS OSRAM expressed interest in investing Rs 1,500 crore in the semiconductor and electronics sector. These proposals highlight Madhya Pradesh’s growing appeal as an investment destination.
Yadav praised Prime Minister Narendra Modi for India’s economic growth surpassing that of the UK. He believes this visit will be pivotal for Madhya Pradesh’s progress. “Under his leadership and due to the strong economic policies of the country, nations like UK and Germany are eager to invest in Madhya Pradesh,” Yadav stated.
Regional Industrial Conclaves
The Chief Minister mentioned that India and Germany have proposed setting up an industrial unit near Bhopal through a joint venture. During his visit to Germany, the land allotment letter was handed over to the German partner. This venture is expected to involve an investment exceeding Rs 100 crore.
Yadav highlighted the effectiveness of Regional Industrial Conclaves at the division level for Madhya Pradesh’s development. A conclave took place on December 7 in Narmadapuram, with another planned for Shahdol division later. These events aim to attract investors ahead of the Global Investors Summit scheduled for February in Bhopal.
Addressing party workers at the airport upon his return, Yadav emphasised making Madhya Pradesh the leading state in India. He noted that the BJP government is committed to development and job creation through its initiatives. The state’s progress is driven by its talent, skill, and hard work.
The recent overseas tour has positioned Madhya Pradesh as an attractive hub for international investments. The state’s strategic focus on key sectors aligns with global trends and investor interests. This momentum is expected to continue with upcoming events like the Global Investors Summit.
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Original news source Credit: www.goodreturns.in
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