Madhya Pradesh government has received intentions of investment (IoI) worth over Rs 15.42 trillion during the two-day Global Investors Summit (GIS) held on 10-11 January, 2023 in Indore.
Major proposals received for investment include renewable energy, urban infrastructure, food-processing & agriculture, mining, IT & ITeS, chemical and natural gas, amongst many others.
The state government will provide automatic clearance to select industries on possession of land. A special plug-and-play facility will be opened for garments sector and start-ups with limited access to capital to allow them to set up units.
The initiatives will support employment generation of over 2.9 million jobs in the state in the next few years.