Bhopal: Prime Minister Narendra Modi inaugurated the ‘Invest Madhya Pradesh – Global Investors Summit 2025’ in Bhopal, the state capital, on February 24. The summit saw a remarkable turnout, with PM Modi, Chief Minister Dr. Mohan Yadav, and several prominent industrialists from both India and abroad in attendance. The first day of the summit proved to be highly successful, with investment proposals worth Rs 22.5 lakh crore and multiple Memorandums of Understanding (MoUs) signed, which are set to create over 13.43 lakh new jobs in the state.
Historic Launch of GIS 2025 in Bhopal
During his address at the inauguration, PM Modi highlighted the pivotal role of Madhya Pradesh in India’s economic growth and development. He also launched 18 new state government policies aimed at attracting further investments across various sectors. The event witnessed a positive reception from both local and international business leaders, signaling the state’s growing appeal as an investment destination.
Massive Investments in Renewable Energy
The first day of the summit focused on significant investments in the renewable energy sector. Over Rs 5.21 lakh crore worth of investment proposals were received, accompanied by MoUs that will provide employment to over 1.46 lakh people. Additionally, Rs 4.94 lakh crore in proposals were made for DIPIP (Development and Industrial Policy Implementation Projects), creating around 3.04 lakh new jobs. Proposals worth Rs 1.97 lakh crore in the urban development and housing sector are expected to generate 2.31 lakh jobs.
Tourism and Technology Investments Soar
The tourism sector also saw a massive surge in investments, with Rs 64,850 crore invested, creating 1.23 lakh jobs. The science and technology sector garnered Rs 64,174 crore in investment proposals, potentially creating 1.83 lakh employment opportunities.
One of the highlights of the day was the signing of a Rs 1 lakh crore MoU with NHAI for a 4,010 km road project aimed at improving the state’s infrastructure.
Key Investments Announced by Industry Leaders
Gautam Adani, Chairman of the Adani Group, made a significant announcement during the summit, revealing plans for an investment of Rs 1.10 lakh crore in sectors such as cement, mining, and energy in Madhya Pradesh. The group’s initiatives are expected to create 1.2 lakh jobs by 2030. Adani further detailed the group’s ongoing discussions with the state government regarding projects for a greenfield smart city, an airport project, and coal-gasification, further cementing the group’s long-term commitment to the state.
Avaada Group’s Expansion Plan
The Avaada Group, led by Chairman Vineet Mittal, also announced a major expansion plan in Madhya Pradesh, committing to an Rs 50,000 crore investment in renewable energy over the next five years. Mittal stated that the group has already secured several projects from NTPC, NHPC, and other companies, particularly in solar power, wind power, pumped storage, and battery storage across key regions like Malwa, Bundelkhand, and Bhind.
A Bright Future for Madhya Pradesh
With a strong start on the first day of the summit, the Global Investors Summit 2025 in Bhopal is shaping up to be a game-changer for Madhya Pradesh’s economic growth. The investments pledged in key sectors like renewable energy, infrastructure, tourism, and technology are poised to create a significant number of jobs and propel the state towards becoming a major player in India’s economic landscape.
With continued collaboration between the state government, industry leaders, and investors, Madhya Pradesh is set to become a thriving hub for business and innovation in the coming years.