Investment proposals worth Rs 6.89-lakh crore made in Indore GIS
BHOPAL: Investment proposals worth Rs 6.89 lakh crore
have been made during the Global Investors Summit that concluded at Indore in
Madhya Pradesh on Friday. Chief Minister Shivraj Singh Chouhan said that every
possible effort would be made to make Madhya Pradesh the driving force of India’s
The next Global Investors Summit will be held at
Indore from October 19 to 21, 2016. At the session, the Union Ministers endowed
thousands of crores of proposals for Madhya Pradesh.
The Chief Minister said that a roadmap would be
chalked out on the basis of investment proposals received at the summit.
Sanctions will be given through single-door system by associating one officer
with every investor.
He said that for industries, Madhya Pradesh has water,
power, connectivity, land, talents and trust. On the basis of these, he will
leave no stone unturned to realise Make in India dream of Prime Minister Narendra
Modi. He will get a report prepared on “Ease of Business doing in Madhya
Pradesh” and present it before the country.
He urged entrepreneurs to become partner in
development of the state and restructure a new Madhya Pradesh. Trust of
investors will not be broken. He will meet investors every Monday. Investors
may also give their suggestions on ‘Ideas for CM website’. He said that he
wishes to develop such an economy in Madhya Pradesh where every person is
happy, successful and lives a meaningful life. Madhya Pradesh will be a state
where craftspersons, art and culture will be respected. Venture Credit Fund
will be instituted to promote innovations.
Union Minister for Chemicals & Fertilisers Ananth
Kumar said that Madhya Pradesh would become focal point of industrial development
in the country. He announced that the Central Government will develop
Petrochemical Petro Investment Region costing Rs one lakh crore in Bina
First landlock petrochemical complex of the country
will be developed near Bina. Bina refinery’s capacity will be increased from 6
million tonnes to 8 million tonnes. BPCL will invest Rs. 25 thousand crore in
it. Later, the capacity will be increased to 15 million tonnes. Gas Authority
of India will develop a gas grid in Madhya Pradesh with an investment of Rs. 10
thousand crore. Plastic Park will be developed in Mandideep and Polymer Park in
Gwalior. National Institute of Pharma Education and Researh will establish
Centre of Excellence at Bhopal.
Union Minister for Steel and Mines Narendra Singh
Tomar said that concept of integrated and balanced development has been
concretised in Madhya Pradesh. He said that public sector undertaking SAIL is
assessing deposits of 50 million tonne iron ore in Madhya Pradesh. Rs. 1500
crore will be invested in its pilot project. If upto 140 million tonne iron ore
deposits are assessed then a steel plant costing Rs. 12 thousand crore will be
established. NALCO will invest Rs. 6 thousand crore in aluminium refinery in
bauxite reserve area.
HCL will invest Rs. 100 crore for solar energy and
MOIL will invest Rs. 250 crore for manganese plant. Similarly, NMDC will invest
Rs. 1000 crore for diamond mining in Tikamgarh. In next 3 years, NMDC will
complete survey of geo-chemicals and geo-mining in Madhya Pradesh. For coal
block based power plants, NALCO will invest Rs. 19 thousand crore and NMDC Rs.
3 thousand crore.
Union Minister for
Social Justice Thawarchand Gehlot said that National Mental Treatment and
Rehabilitation Centre costing Rs. 50 crore is being established in Madhya
Pradesh. Composite Regional Centres for disabled and Disabled Rehabilitation
Centres have been sanctioned for all districts. One Regional Centre each will
be established at all divisional headquarters. He said that it has been
provisioned that 2 percent net profit of industrial institutions will be given
towards corporate social responsibility.