Bhopal: Madhya Pradesh is looking to strengthen its industrial base and expand employment opportunities after receiving investment proposals worth nearly ₹90,000 crore during meetings with industry leaders in Mumbai on October 8, 2026. Chief Minister Dr Mohan Yadav held discussions with companies across renewable energy, pharmaceuticals, textiles, cement, telecommunications, data centres, logistics and green infrastructure.
The proposals include a ₹22,156 crore renewable energy plan from Avada Group, more than ₹1,200 crore in pharmaceutical investments from Ncube Ethicals, a ₹2,000 crore textile proposal from Mira Cotton and expansion plans from Hindustan Unilever. Companies also discussed projects in telecom manufacturing, construction materials, cement and digital infrastructure.
The state government aims to turn these proposals into operating projects by supporting investors with land, infrastructure, approvals and eligible incentives. If implemented, the projects could expand manufacturing, strengthen supply chains and create employment opportunities across Madhya Pradesh.
Investment Push Could Strengthen Madhya Pradesh’s Economy
During the meetings at The St. Regis hotel in Mumbai, Dr Yadav highlighted the state’s central location, industrial land availability, infrastructure and skilled workforce as key advantages for investors.
He said the government would support new industries and the expansion of existing units through transparent processes and timely approvals. The Chief Minister also invited industry representatives to participate in the Global Investors Summit 2027.
For Madhya Pradesh, attracting investment across multiple sectors could help diversify its economy. Manufacturing projects can generate jobs within factories while also creating demand for transport, construction, maintenance, packaging and other supporting services. However, the final economic impact will depend on how quickly proposed projects secure approvals and move into implementation.
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Avada Leads Renewable Energy Proposals With ₹22,156 Crore Plan
Avada Group presented a proposal worth ₹22,156 crore for renewable energy projects with a combined capacity of 2,362 MW. The plans cover solar and wind power, firm renewable energy and battery energy storage.
The proposed investments include ₹6,616 crore in Pachora, ₹3,250 crore in Ishangarh and ₹12,290 crore in Neemuch. Avada has already established a presence in the state through a 151 MW solar project in Neemuch and a 280 MW project at Agar Solar Park.
Discussions covered project registration, government land allocation and permissions related to land leases or transfers. The company also sought support to increase its wind power registration in Agar Malwa from 201.3 MW to 264 MW.
Renewable energy and battery storage investments could strengthen the state’s clean energy infrastructure and support rising electricity demand. Timely implementation will be important to realise these benefits.
Pharma Manufacturing Expansion Planned at Pithampur
Ncube Ethicals Private Limited proposed investments exceeding ₹1,200 crore across two pharmaceutical projects, with the potential to create more than 800 jobs.
The plan includes a second-phase expansion of its existing unit at Smart Industrial Park, Pithampur, and a new sterile ophthalmic medicines manufacturing facility on more than 20 acres of nearby land. Land has been allotted for the proposed new facility.
Chairman and Managing Director Mehul Madhusudan Shah discussed the expansion with the Chief Minister, including support for timely project execution and the company’s plans to expand its manufacturing and export base in Madhya Pradesh.
The proposed projects could strengthen the state’s pharmaceutical manufacturing ecosystem and create demand for skilled workers in production, quality control, packaging and related operations.
Hindustan Unilever Plans ₹800–1,000 Crore Expansion in Chhindwara
Hindustan Unilever Limited proposed an investment of ₹800 crore to ₹1,000 crore, excluding land costs, for a new spray-dried detergent manufacturing facility at its Lahgadua unit in Chhindwara.
The proposed plant would manufacture Surf Excel and Wheel products. The company plans phased development between 2027 and 2030, with a proposed annual production capacity of five to eight lakh tonnes.
The expansion could generate around 700 direct and 1,500 indirect employment opportunities. The company identified a requirement of 35–40 acres of land, 1,000 kilolitres of water per day and 5,000 kVA of electricity capacity.
The discussions also covered zero liquid discharge practices and a customised incentive package under the Madhya Pradesh Investment Promotion Scheme 2025. The expansion could support local suppliers and logistics businesses while increasing manufacturing activity in Chhindwara.
₹200 Crore Telecom Manufacturing Proposal for Gwalior
Sterlite Technologies Limited proposed a ₹200 crore investment in an AI-powered, export-oriented telecommunications equipment manufacturing facility in Gwalior’s Telecom Manufacturing Zone.
The company plans to export more than 75% of the proposed unit’s output. It also outlined a workforce model in which women would account for 70% of employees and persons with disabilities for 10%.
The facility could create around 1,000 employment opportunities. Discussions focused on land allocation and government support for establishing the unit.
The proposal could strengthen Gwalior’s manufacturing base while creating opportunities for greater workforce participation among women and persons with disabilities.
Textile and Cement Investments Could Expand Industrial Activity
Mira Cotton and Synthetic Mills Private Limited proposed a ₹2,000 crore investment in Madhya Pradesh, with the potential to create around 4,000 jobs.
The company manufactures polyester textured yarn, knitted fabric and garments through an integrated production model. Its existing plants are in Bhiwandi and Silvassa. Discussions with the state government covered infrastructure and eligible incentives needed to establish and operate a new unit.
In the cement sector, Indian Diamond Cement Industries Limited proposed an investment exceeding ₹3,000 crore. The company, which already has a presence in Satna, expects the proposed project to create more than 1,000 direct and indirect jobs.
Its discussions covered approximately 1,000 acres of land in Gunour tehsil of Panna district, a mineral block, water availability and approvals required to begin the project.
JSW Group also explored expansion in cement, paints and other businesses. Its existing activities in Madhya Pradesh include paints in Gwalior, steel in Dhar, limestone mining in Panna and cement-related operations in Gasabad and Hatta in Damoh district.
Together, these proposals could support industrial expansion in different parts of the state, subject to project approvals and execution.
Green Infrastructure and Smart Meter Projects Continue
EverSource Capital discussed its ongoing and future investments in green infrastructure. The group has around ₹3,500 crore in committed investments in progress, with approximately 6,000 direct and indirect employment opportunities expected.
Its projects include around ₹2,000 crore through GreenCell for 682 electric buses under the PM-eBus Sewa initiative. EverEnviro’s facilities in Indore and a proposed plant in Bhopal account for around ₹350 crore in investment in compressed biogas.
The group is also investing around ₹1,200 crore through Energymark and Alphanar in a 23-lakh smart meter programme for electricity distribution companies in Bhopal and Jabalpur. Discussions focused on resolving implementation challenges and exploring further investment opportunities.
These projects could contribute to cleaner urban transport, waste-to-energy infrastructure and modern electricity distribution systems.
More Proposals Target Logistics, Data Centres and Manufacturing
Other companies explored opportunities in sectors that could support Madhya Pradesh’s wider industrial and digital development.
Blackstone and Vanraj Realty discussed potential investments of around ₹500 crore to ₹1,000 crore in logistics, real estate and related activities. The discussions covered suitable land, clarity on incentives and faster approvals.
Sify Technologies expressed interest in hyperscale, AI-ready and edge data centres. The company highlighted the importance of reliable electricity, renewable energy, fibre connectivity and land that can accommodate future expansion.
Hella Infra Market proposed ₹200 crore in the construction materials sector, with around 250 jobs expected. The company discussed manufacturing expansion and opportunities to strengthen local supply chains.
D&H India proposed ₹300 crore for a project on around 25 acres near Indore to expand welding materials and related manufacturing activities. The project could create approximately 500 jobs.
Sunteck Realty also explored opportunities in global capability centres, data centre ecosystems, logistics and warehousing. The discussions covered land availability, incentives and timely approvals.
Turning Investment Proposals Into Jobs
Madhya Pradesh’s nearly ₹90,000 crore investment proposals represent an opportunity to expand manufacturing, renewable energy, digital infrastructure and industrial activity across the state. The projects also highlight potential opportunities for local suppliers, skilled workers, technicians and service providers.
The government has said it will support investors at every stage, including land allocation, infrastructure development and approvals. Participation in the Global Investors Summit 2027 could provide another platform for discussions on industrial expansion.
The next major step will be converting proposals into approved projects, construction activity and operational facilities. Their progress will determine how much investment reaches the ground and how many jobs materialise.
For Madhya Pradesh, the development opportunity lies not only in attracting large investments but also in ensuring that projects create sustained employment, strengthen local industries and distribute economic benefits across different regions.
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