By Pervez Bari, TwoCircles.net
Jabalpur: Stage is all set for the two-day International Investors’ Meet starting here at Jabalpur, a historic town in Madhya Pradesh, from tomorrow with a view to attracting industrialists from India as well as abroad to establish industries in the state.
According to a spokesman of the Madhya Pradesh Government, which is organizing the Investors’ Meet, as many as 350 investors from India and abroad are expected to take part in the Investors’ Meet. The big industrial houses who have consented to take part in the meet include Birla group Kumaramangalam, Birla, Reliance Industries Group’s vice-president Farhan Ansari, Hindalco’s MD Deboo Bhattacharya, Hindustan Lever’s KG Kannan, Diamond Cement’s Ashish Guha, Ryo Tento Explorations’ AB Thapak, Grasim Industries’ MD Ajay Singh, Reliance Anil Dheerubhai Ambani Group’s state head Shekhar Singh, SSP Steel and Power Limited’s Sanjeev Mishra and Euro Brand’s representative.
The foreign investors who have given consent to attend the meet include 20-member investors’ delegation from Hong Kong and about one dozen investors from England, Ireland, Canada and Korea.
For the last two years, industrial environment is getting better and better. All round efforts are being undertaken to get Madhya Pradesh status of developed state. With a view to inviting industrialists to the state, industry augmentation policy has been changed for better. The MoUs signed at Khajuraho and Indore in recent days go to prove that investors have been attracted towards Madhya Pradesh in large numbers. It is expected that the Jabalpur Investors’ Meet would also prove to be milestone in this series. Government and people have joined hands to welcome the delegates coming to take part in Jabalpur Investors’ Meet.
Possibilities of investment in Jabalpur, Rewa and Sagar divisions on this basis of mineral resources, tourism and farm produce would also be highlighted at the Investors’ Meet which would pave the way for investments in Mahakaushal area also. About two dozen MoUs for investments in these areas are expected to be inked with an estimated investment to the tune of Rs. 30,000 crore.
Foreign investors would take part in the meet in large number. A 20-member team of investors is coming from Hong Kong on February 14. Besides, investors from England, Canada, Ireland and Korea are also arriving. Consent for participation has also been received from India’s prominent industrial houses including Reliance, Birla, Hindalco, Hindusthan Uni Lever, Diamond Cement, Ryo Tonto, Grasim etc.
At present Madhya Pradesh is an ideal state for industries due to the state’s geographical situation and immense mineral as well as natural resources. Proper connectivity and smooth transportation facilities and logistics also given an edge to the state. The state which is spread in about three lakh square kilometres is rich in mineral resources, agriculture products and 60 per cent of India’s pulses and oilseeds are produced in the state. Forest produce and herbal products are also abound in the state apart from water resources as five big rivers flow in the state where water remains available throughout the year.
Madhya Pradesh Chief Minister Shivraj Singh Chouhan would inaugurate the meet on February l5 in the morning. A special welcome programme would be held in the in honour of investors. During the two-hour session industrialists who have already made investment in the state would through light on their experiences.
Sectorial projections would be held after the welcome programme. On the second day of the meeting on February 16, MoUs to the tune of about Rs 30,000 would be signed.
This investors meet is being considered very important for the development of Mahakaushal region which has been organized by focusing on possibilities in Jabalpur, Rewa and Sagar divisions. During the meet, principal secretaries of concerning department would read out their presentations before the investors about eight sectors including agro and food processing, minerals and mining, tourism, information technology, textiles and garments, higher education, energy and health.
During the investors’ meet Chief Minister Chouhan would hold one-to-one meetings with industrialists. ([email protected])