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Madhya Pradesh has laid out a comprehensive investment roadmap worth INR 30,000 crore aimed at transforming urban development across the state. The investment proposals, announced during the 'Madhya Pradesh Growth Conclave' in Indore, span both public and private sectors and are expected to generate employment for over 14,000 individuals. Key announcements included new infrastructure and housing projects, with the state also committing to administrative flexibility and faster project approvals to attract investors.
A roadmap involving investment commitments worth INR 30,000 crore was recently drawn up at the 'Madhya Pradesh Growth Conclave' hosted in Indore. The event, themed 'Next Horizon: Building Cities of Tomorrow', was organised by the state government to boost urban development through both public and private sector initiatives. Advertisement
Chief Minister Shri Mohan Yadav informed that the conclave facilitated investment opportunities via Memorandums of Understanding (MoUs), new project launches, and fund allocations under various schemes. Of the total value, INR 12,473 crore worth of proposals from 15 companies were actively discussed. These projects are projected to create employment opportunities for more than 14,000 people.
Urban infrastructure development received significant focus, with projects worth INR 12,360 crore announced for areas such as housing, water supply, sewerage, and other key utilities. Emphasising Madhya Pradesh's strong real estate potential, especially in integrated township development, Yadav assured investors that project approvals would be expedited.
The Chief Minister also revealed that the state is forming metropolitan authorities by incorporating regions around major urban centres to ensure more systematic urbanisation.
Urban Development and Housing Minister Kailash Vijayvargiya underlined the state's pro-industry stance, remarking that their legislative approach is adaptable and not rigid like religious scriptures, and modifications would be made if necessary.
During the one-day event, Yadav engaged with investors from diverse industries including tourism, hospitality, real estate, and infrastructure. Over 1,500 stakeholders-comprising government officials, industrialists, and corporate delegates-participated in the conclave.
By offering flexible regulations, swift approvals, and strategic urban governance through metropolitan authorities, the state aims to attract long-term capital and promote employment. This initiative marks a decisive step towards future-proofing Madhya Pradesh's urban centres and repositioning them on the national development map.
Source - PTI
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