The Madhya Pradesh Mining Conclave on October 17 and 18 drew investment proposals worth an estimated 19,650 INR-Crore from 11 industrial institutions. Among the key highlights, MOIL, a Government of India enterprise, signed a pivotal Joint Venture Agreement with the Madhya Pradesh State Mineral Corporation Ltd. This partnership aims to accelerate mineral block development.
The top 5 prominent investments are as follows:
Sr No. | Name of the company | Project details | Estimated investment cost (INR-Crore) |
1 | Invenire Petrodyne Ltd | Coal bed methane and coal gasification | 5,000 |
2 | Dalmia Cement | Cement plant | 3,000 |
3 | Ambuja Cement | Cement plant | 3,000 |
4 | JK Cement | Cement plant | 2,500 |
5 | The Commodity Hub | Copper, rock phosphate, and silicon beneficiation plant | 2,000 |
Also read: Kolkata Summit brings 19,270 INR-Crore investment to Madhya Pradesh
In addition to the mentioned investors, companies such as Shri Bajrang Power and Ispat Ltd,Vrij Iron & Steel Ltd, Berry Alloys, Sagar Stone Industries, LiuGong India, and Indian Rare Earths have also committed investments.
The Madhya Pradesh Mining Conclave successfully showcased the state’s potential, attracting large-scale investments across multiple sectors. Furthermore, with these new projects, the region is poised for economic growth and industrial transformation.
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