The Adani Group has announced a significant investment of Rs 50,000 crore in Assam, spanning key infrastructure sectors such as airports, aero cities, city gas distribution, transmission, cement, and road projects.
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."
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."
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.
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).
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.
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."
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'
Madhya Pradesh Chief Minister Mohan Yadav addressed the Global Investors Summit 2025 in the presence of Prime Minister Narendra Modi in Bhopal on Monday. He said that in the next 5 years the state government has decided to double the economy.
As the Madhya Pradesh Global Investors' Summit 2025 (GIS) commenced in Bhopal on Monday, Madhya Pradesh Minister Prahlad Singh Patel said that the summit would give huge boost to pace of development in the state.