COIMBATORE: Following in the footsteps of Karnataka Chief Minister Siddaramaiah, his Madhya Pradesh counterpart Shivraj Singh Chouhan met industrial representatives in Coimbatore to discuss investment opportunities in his State on Thursday.
Chouhan, along with Commerce, Industries and Employment Minister Yashodhara Raje Scindia, met the industrial delegation here ahead of the Global Investment Summit to be held from October 8 to 10 in Indore.
Describing Madhya Pradesh as an investment-friendly State, Chouhan invited industries to explore business opportunities in his State. “Earlier, the stress was on agriculture. Currently, we are trying to promote investments in the manufacturing and industry sectors,” said Chouhan.
He said that the automobile and textile sectors had good prospects in Madhya Pradesh, which also had an attractive textile policy.
Speaking on the positive factors for investors in Madhya Pradesh, Chouhan said that the State had identified 20,000 hectares of government land and would also arrange to buy private lands for investors. Uninterrupted power supply (even in villages), absence of trade union activities, single window processing facility for investors and zero tolerance towards corruption had made Madhya Pradesh an investment-friendly State. He also pointed out that investment would be soon brought under Public Service Guarantee Act to avoid hurdles in the process.
He pointed out that MP was next to Punjab in terms of wheat production and export of rice varieties like Basmati to the US. Also, value addition facilities were available for other agricultural products and fruits.
In her address, Yashodhara Raje Scindia mentioned that the success stories of the pump and knitwear sectors in the region brought the Madhya Pradesh delegation to Coimbatore.
Scindia said that Madhya Pradesh’s development goals had expanded over the years from women’s empowerment to agriculture to industrialisation.
