Interactive Session in Bengaluru Attracts Investors and Showcases State's Potential

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Interactive Session in Bengaluru Attracts Investors and Showcases State's Potential

A Rewritten Summary

The Government of Madhya Pradesh hosted an interactive session on investment opportunities in the state at the Four Seasons Hotel in Bengaluru on August 8, 2024. This event aimed to promote the upcoming "Invest Madhya Pradesh - Global Investors Summit 2025" and attract investors to establish industries in the state.

Over 500 prominent industrialists and representatives from various industry associations attended the session. The event focused on sectors like IT, ITeS & ESDM, Space Tech, and Pharmaceuticals, attracting significant attention from both national and international investors.

The program began with the Chief Minister's visit to Hindustan Aeronautics Limited, followed by insightful roundtable discussions on the Space Technology sector and the digital economy. The main event featured presentations, MoUs, and one-to-one meetings between industry leaders and the Chief Minister, fostering in-depth discussions and potential collaborations.

Notable industrialists like Mohandas Pai and Shiv Venkatramani shared the dais with the Chief Minister, praising the state's favorable government policies and infrastructure. Government officials highlighted the state's attractive policies, investment incentives, and commitment to supporting startups and small and medium enterprises.

A significant highlight was the signing of four MoUs between Madhya Pradesh State Electronics Development Corporation Ltd. and key industry associations, aiming to enhance cooperation and attract investment in the IT, ITeS & ESDM sectors.

The Chief Minister outlined the government's vision for promoting investment, innovation, and sustainable development in Madhya Pradesh, emphasizing the state's dedication to advancing with the nation.

The event concluded with a Vote of Thanks, expressing gratitude to all participants and highlighting the importance of collaboration in driving economic growth. The Department of Industrial Policy and Investment Promotion announced plans for more such sessions in various cities, leading up to the Global Investors Summit 2025.

The Bengaluru session facilitated dialogue with over 100 key stakeholders and attracted investments totaling ₹3200 crores across various sectors. This event reinforces Madhya Pradesh's commitment to creating a business-friendly environment that supports innovation and economic growth.

The Department of Industrial Policy and Investment Promotion is keen on advancing the state through these interactive sessions, both in India and abroad, as a pathway to the Global Investors Summit 2025, with the goal of transforming Madhya Pradesh into a US$550 billion economy.