Madrid/Bhopal: Chief Minister Dr. Mohan Yadav addressed a high-level gathering of Spanish industrialists and investors at the “Invest in MP Business Forum Meet” in Madrid on Wednesday, positioning Madhya Pradesh (MP) as one of India’s most dynamic and investment-ready states.
Dr. Yadav, in his keynote address, described India and Spain as “twin brothers,” both rooted in ancient civilizations with strong moral values, now poised to walk the path of modern development hand-in-hand. “If you are thinking of investing in India, come to Madhya Pradesh once — you will not be able to forget it,” he told the Spanish business community.
MP: The Fastest Growing State in India
Dr. Yadav emphasized that MP is India’s fastest developing state, citing its central location, investor-friendly policies, and sectoral diversity as key reasons to consider investment. “Whether it is tourism, pharmaceuticals, logistics, energy, or technology — Madhya Pradesh is offering world-class infrastructure and unmatched growth potential,” he said.
He pointed out that Madhya Pradesh is already leading in sectors like agri-based industry, food processing, and renewable energy. “With 18 high-tech industrial policies in place, investors will find a secure and high-return environment here,” he added.
Focus on Infrastructure, Tourism, and Energy
The CM assured that MP has abundant land, excellent connectivity by road, rail, and air, and a proactive state administration. Special emphasis was placed on emerging sectors such as green hydrogen, medical tourism, and ultralight aviation.
Principal Secretary (Tourism) Chandramouli Shukla highlighted investment opportunities in hospitality, wellness, and adventure tourism. “Out of India’s 62 UNESCO World Heritage Sites, 18 are located in Madhya Pradesh,” he noted, underscoring the state’s rich cultural capital.
Sectoral Interest from Leading Spanish Companies
A series of one-on-one discussions with key Spanish stakeholders marked the visit:
- Nature Bio Foods (a subsidiary of LT Foods Limited) proposed a ₹200 crore organic food and value-added product unit.
- Grupo GranSolar, SL showed interest in solar energy projects in Chhatarpur district.
- Moeve Group and Biofuels Unit discussed setting up green hydrogen and sustainable aviation fuel (2G biofuels) facilities.
- Santander Group explored possibilities in financing infrastructure and innovation-based financial solutions.
- Aero Gyrocopter Spain S.A. is considering investment in ultralight gyrocopters “Diamond Fly” for defense, logistics, and agriculture.
- Center for Entertainment Arts expressed willingness to establish a global AVGC skilling hub under MP’s progressive policy framework.
Strong Institutional Support and Leadership Engagement
India’s Ambassador to Spain, Dinesh Kumar Patnaik, praised the MP delegation’s proactive engagement with global investors. “Dialogue by the state’s top leadership signals a strong investment commitment,” he said.
Additional Chief Secretary (Science & Technology) Sanjay Dubey positioned MP as India’s new tech hub, led by Tier-2 cities like Indore and Bhopal. He highlighted MP’s capacity to deliver uninterrupted green energy and its upcoming MP Space Tech Policy 2025, which aims to attract futuristic tech investment.
Global Confidence in MP’s Investment Climate
Mr. Juan Ignacio Entrecanales, President of the Spain-India Council Foundation (FCEI), described Madhya Pradesh as an “extremely attractive destination for foreign investment,” citing opportunities in textiles, automobiles, food processing, and healthcare.
Public Relations Secretary Dr. Sudam Khade said the visit would “open new doors” for long-term India-Spain cooperation in business, technology, tourism, and culture.
