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Adani, Birla plan big investments in Madhya Pradesh

Jan 12, 2023

By: BlinkX Research Team

The discussions on Day 1 of the Global Investor Summit at Indore showed great promise for the Heart of India, Madhya Pradesh. The leading global investors have discerned the potential that Madhya Pradesh incorporates to stand out as a state ready for the future. Obviously, they are willing to commit and bring in enormous investments.

Pranav Adani, Director, Adani Group, held one-on-one interaction with the Chief Minister, Shivraj Singh Chouhan. Adani has outlined in elaborate detail the conglomerate’s plan to invest a huge sum of Rs 60,000 crores in various sectors including agriculture, renewable energy, coal and green hydrogen. In addition, both agreed that empowering the nation’s working youth was the need of the hour. To facilitate this transition in the state of Madhya Pradesh, the Adani Group has undertaken the responsibility to run skill-development centres in MP.

Kumar Mangalam Birla, head of Aditya Birla Group, outlined plans to invest nearly Rs 15,000 crores into the state’s diverse sectors over next 5 years across key sectors. The Chief Minister also had insightful one on one discussions with other eminent business personalities like Puneet Dalmia, Nadir Godrej and Nikhil Meswani. Puneet Dalmia of Dalmia Bharat Group expressed ambitions of setting up a cement plant in the state. Nadir Godrej of Godrej Industries wanted to participate in the urbanization of MP. Reliance Industries director, Nikhil Meswani, apprised the chief minister about their company vision in solar energy in Chambal, as well as expanding 5G till the tehsil level.