Madhya Pradesh gets Rs 20,000 cr investment proposals, CM Mohan Yadav says 75,000 jobs to be created

The Madhya Pradesh government has bagged investment proposals worth about Rs 20,000 crore at the 'Madhya Pradesh Tech Growth Conclave 2025' held in Indore on Sunday.

The huge investments have a potential to create 75,000 jobs in the state in the technology sector, Chief Minister Mohan Yadav said.

“We have received investment proposals worth about Rs 20,000 crore in this conference. The implementation of these proposals will create about 75,000 jobs,” he said.

Yadav said that more than 500 companies participated in the event, organised to promote investment in the technology sector.

During this conference, he said, an incentive portal was introduced to provide integrated facilities to investors. Besides, guidelines were also issued for the state’s global competence centre policy, semiconductor policy, animation, visual effects, gaming, comics, extended reality policy and drone policy, the CM said.

Yadav announced that the state government will formulate its own space-tech policy to promote space technology ventures.

He said work has already begun to develop information technology (IT) parks in six major cities based on investment proposals received by the state from various companies.

The chief minister said the IT park will be developed on a 3-acre plot in Indore’s Pardeshipura area on a public-private partnership basis with an investment of about Rs 250 crore.

Earlier, addressing the conclave, Yadav said there have been radical changes in every sector under the leadership of Prime Minister Narendra Modi, due to which the country is moving forward.

“Now, even people from India’s traditional enemy, Pakistan, are saying that if Modi were their PM, they would not be in such dire straits,” he said.

Taking a dig at the previous Congress governments, he said, “After India's independence in 1947, those in charge of running the administration did not use the country’s potential, ability and entrepreneurship properly. This has caused loss to the country.”