MP/Jaipur: Chief Minister of Madhya Pradesh, Dr. Mohan Yadav, inaugurated the “Interactive Session on Investment Opportunities in Madhya Pradesh” in Jaipur, urging Rajasthan investors to explore the state’s industrial and business potential. The event highlighted strengthened inter-state cooperation, new investment policies, and Madhya Pradesh’s focus on infrastructure and industrial growth.
Strengthening Ties Between Rajasthan and Madhya Pradesh
Addressing the gathering, CM Mohan Yadav emphasized the long-standing cultural, social, and economic bonds between Rajasthan and Madhya Pradesh. “Rajasthan and Madhya Pradesh are like family, connected not only by food and culture but now also by water,” he said. The CM lauded Rajasthan’s traders for their resilience, skill, and ability to overcome challenges in business, noting that the session aimed to deepen trade and investment ties between the two states.
KL Jain, President of the Rajasthan Chamber of Commerce and Industries, also praised Madhya Pradesh’s growing industrial and social infrastructure, highlighting the state’s attractiveness for investors.
Highlighting PKC Link Project and Inter-State Cooperation
CM Yadav discussed the Parwati-Kalisindh-Chambal (PKC) River Link Project, a ₹1 lakh crore initiative connecting Madhya Pradesh and Rajasthan. He said that only 10% of the cost would be borne by the two states, with 90% funded by the central government, emphasizing the collaborative approach in resource management.
He further noted other partnerships, including electricity-sharing arrangements with Uttar Pradesh, ensuring efficient utilization of energy resources through strategic planning and inter-state coordination.
New Policies to Attract Industrial Investment
Dr. Mohan Yadav outlined Madhya Pradesh’s investment-friendly policies and initiatives aimed at boosting industrial growth:
- PPP Model Projects: Land is being offered on a nominal lease of ₹1 for establishing medical colleges and hospitals.
- Sector-Specific Incentives: Capital subsidies for hotels, hospitals, and large-scale projects.
- Policy Framework: 26 industrial policies already implemented, with upcoming policies for Space and AI sectors.
- Energy Surplus: Madhya Pradesh has become electricity surplus, powering metro trains in Delhi and supporting other industries.
These initiatives signal the state’s commitment to attracting investors and fostering sustainable industrial growth.
Promoting Tourism and Environmental Sustainability
CM Yadav highlighted Madhya Pradesh’s efforts to promote wildlife and eco-tourism:
- Reintroduction of cheetahs and other species.
- Bringing wild buffalo from Assam for conservation.
- Growth of crocodiles and gharials in Chambal River’s clean waters alongside dolphins.
These efforts demonstrate Madhya Pradesh’s balanced approach to economic growth and environmental sustainability.
Rajasthan Investors Encouraged to Explore Madhya Pradesh
CM Yadav extended a personal invitation to Rajasthan investors, noting that collaboration between the states benefits both regions. He stated that initiatives like the PKC River Link Project could transform the lives of people in water-scarce areas while fostering economic development.
KL Jain praised CM Yadav’s leadership, stating that Madhya Pradesh has made significant strides in industrial growth and has become a preferred destination for national and international investors. Rajasthan businesses are now expanding into Madhya Pradesh, benefiting from the state’s progressive policies and investor-friendly environment.
Industrial Growth and Future Prospects
The interactive session underscored Madhya Pradesh’s rapid industrial growth under CM Mohan Yadav’s leadership, positioning the state as a regional hub for business and investment. With strategic policies, resource-sharing partnerships, and targeted incentives, Madhya Pradesh is emerging as a key destination for investors from Rajasthan and beyond.
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