Madhya Pradesh Chief Minister Mohan Yadav announced that the state secured investment proposals worth an estimated 31,000 INR-Crore during the fifth Regional Industry Conclave (RIC) in Rewa. These projects are expected to generate more than 28,000 jobs, signaling rapid industrial growth. The chief minister also laid the foundation stones for 21 industrial units worth an estimated 2,680 INR-Crore, creating 1,830 new jobs.
Several major companies pledged significant investments across the state. Sri Siddharth Infratech Greenco committed an estimated 12,800 INR-Crore toward renewable energy projects in Panna and Rewa districts. Similarly, Rithwik Projects Pvt Ltd plans to invest around 4,000 INR-Crore in renewable energy in Panna.
Furthermore, Patanjali Ayurved announced an estimated 1,000 INR-Crore for wellness and food processing ventures across Madhya Pradesh. Ultratech Cement will set up a cement unit in Maihar, investing around 3,000 INR-Crore. Meanwhile, Mahan Energen Ltd from the Adani Group will invest around 2,528 INR-Crore to develop a coal block in Singrauli. Nisarg Ispat is set to invest an estimated 1,000 INR-Crore in rare earth and graphite block in Sidhi district.
Also Read: India’s Industrial Landscape in FY 2023-24: A Zone-wise Analysis – Part 1 of 4
Adding momentum, Dalmia Group announced a 3,000 INR-Crore investment to establish a cement and clinker plant in Rewa powered entirely by renewable energy. Rama Group announced plans for a furniture manufacturing plant in Satna, investing around 500 INR-Crore.
To encourage further investment in Madhya Pradesh, the chief minister distributed Letters of Intent (LoI) for land allotment to 85 industrial units. These projects will attract approximately 918 INR-Crore and create 3,350 jobs. He also revealed plans for container depots in Singrauli, Katni, and Rewa districts. During the event, the CM performed a virtual bhoomi pujan for an IT Park in Rewa, costing 66.71 INR-Crore. Additionally, new industrial zones will be developed at Patera in Mau and near Churhat Electric Substation at an estimated 29 INR-Crore.
With strong industrial commitments and policy support, investment in Madhya Pradesh continues to flourish. These new ventures will accelerate economic growth and position the state as a hub for future opportunities.
Also Read: India’s Building Construction Industry in Q2 FY 2024-25: A Zone-Wise Analysis
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