Nadir Godrej, Chairman and Managing Director of Godrej Industries Limited, on Monday said that the company will inaugurate its factory later this year in Madhya Pradesh.

2025-02-24T12:27:28.182561+00:00 IST

Business

Indian stock markets end lower on Monday amid weak global cues

The Indian stock markets on Monday ended on a lower note, influenced by weak global cues that kept the market under pressure during the trading session.

2025-02-24T11:06:31.240728+00:00 IST

Business

Torrent Power to invest in renewable energy in Madhya Pradesh

Jigesh Mehta of Torrent Power stated, "We have signed currently an MoU with the MNRE department of government where we are committed to bringing investments specifically in the sectors of pump storage, pump hydro pump storage, and also in renewables."

2025-02-24T10:53:32.137729+00:00 IST

Business

Patanjali to invest ₹5,000 cr in Madhya Pradesh

He said, "Patanjali is exploring new sectors such as solar energy and IT manufacturing. Some projects for food processing have already been finalized in Rewa, and necessary preparations have been made, including acquiring land and securing required approvals, the MoU has been signed."

2025-02-24T10:42:56.986798+00:00 IST

Business

EaseMyTrip to invest ₹200 cr in electric bus manufacturing

The investment aims to revolutionize sustainable transport in the state, aligning with India's growing EV industry, which is currently valued at USD 3 billion and expanding at an 18 per cent CAGR.

2025-02-24T10:25:45.268493+00:00 IST

Business

India sets strategic path for AI growth

The nation's plan hinges on an integrated approach that builds out the entire AI stack--from semiconductor fabrication and data center infrastructure to foundational models and energy management-- powered by a focus on nuclear energy.

2025-02-24T10:07:51.217197+00:00 IST

Business

Foreign investors laud MP’s growth potential; food security renew

Foreign investors and delegates expressed high optimism about the growing opportunities in Madhya Pradesh at the ongoing Madhya Pradesh Global Investor Summit 2025 (GIS-2025).

2025-02-24T09:58:41.620693+00:00 IST

Business

MP poised for USD 2.1 tn economy by 2047

Chandrajit Banerjee, Director General, CII, stated that with a proactive state government dedicated to boosting investment and driving growth, Madhya Pradesh is well-placed to increase its contribution to India's GDP from the current 4.6 per cent to 6.0 per cent by 2047-48.

2025-02-24T09:54:36.340120+00:00 IST

Business

Ashwini Vaishnaw urges investors to tap into nuclear power plant

Union Railway Minister Ashwini Vaishnaw on Monday encouraged investors to explore opportunities in establishing nuclear power plants, assuring that Indian Railways would purchase electricity generated from nuclear sources.

2025-02-24T09:06:29.028060+00:00 IST

Business

SAGE Group to invest Rs 1,450 cr in Madhya Pradesh

SAGE Group, a business conglomerate, has announced a significant investment of Rs 1,450 crore in Madhya Pradesh. The investment will focus on the renewable energy sector and other industries, including hospitality.

2025-02-24T08:53:58.227309+00:00 IST

Business

Hindalco to invest Rs 15,000 cr in Madhya Pradesh

Speaking to ANI, Hindalco's Managing Director Satish Pai stated, "In the next two years we will be investing about 15,000 crores just from the Hindalco side. And we will also be from the group side opening a large mine called Banda."

2025-02-24T08:50:28.725115+00:00 IST

Business

UK Trade Secretary arrives in New Delhi for FTA talks

Union minister Piyush Goyal posted on X, "Delighted to meet & welcome @JReynoldsMP, UK Secretary of State for Business and Trade, to Incredible India! Looking forward to an action-packed day of discussions."

2025-02-24T08:13:36.919601+00:00 IST

Business

MP has huge potential in unexplored crops for food processing

Madhya Pradesh has significant potential in the food processing sector, especially in unexplored crops, according to Piruz Khambatta, Chairman of the Rasna Group.

2025-02-24T07:26:43.115428+00:00 IST

Business

Textiles, tourism, technology key sectors to drive growth

He emphasized, "Three sectors will play a crucial role in India's development--textiles, tourism, and technology. These sectors will create crores of new jobs. If we look at textiles, India is the second-largest producer of cotton. MP is known as the cotton capital, and 25 per cent of India's organic cotton supply comes from MP."

2025-02-24T07:18:05.495964+00:00 IST