Published on: 2024-03-04
Madhya Pradesh, the heart of India and the fastest growing state economy in the country, organized its first regional investment summit on March 1st and 2nd, 2024 in Ujjain under leadership of Dynamic Hon CM Dr. Mohan Yadav, with MPIDC as the organizer & EY as Knowledge Partner .
Over 3000 MSMEs registered for the occasion from states such as Rajasthan, Gujarat, Mumbai and Madhya Pradesh were present and keen to be part of the MP growth story.
The conclave promised an investment of over one lakh crore in Madhya Pradesh. This provided a great opportunity for interaction among various MSMEs with Effologic’s team engaging with more than fifty entities across different business domains ranging from service to manufacturing to logistics and warehousing. At EffoLogic, We are excited about continuing our partnership in future endeavors to uplift the MSME domain of the state.
During this regional investment conclave alone, around 880 units expressed their intention to invest more than one lakh crore through Letter of Intent (LOI). Such significant numbers send a positive signal to MP's MSME business community.
At this gathering of industry leaders and decision-makers at all levels including like Honorable CM Dr. Mohan Yadav himself; he announced that Madhya Pradesh has a land bank of approximately one lakh acre which will be allotted to industries along with facilities such as water supply and electricity connections.
“We have already allotted around fifteen thousand acres of land within two days to over two hundred fifty industries during this Regional Industry Conclave,” said Dr.Yadav adding that they expect double growth rates particularly within segments such as food processing & agriculture investments coupled with warehousing.
Effologic participated actively at the event especially during B2B interactions where we engaged meaningfully with various stakeholders representing diverse sectors providing us an excellent platform for networking opportunities.
The Regional Investment Conclave is indeed indicative of Madhya Pradesh's fast-growing economy - now surpassing even twenty-five percent average growth rate.
From Land Allotment , Project Finance, Subsidies Application, Compliance Assistance, we are here to help you to be your growth partner.
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