MP to drive India’s growth: ₹30.77 lakh crore MoUs inked at GIS

K K Jha
Bhopal: Madhya Pradesh has emerged as a key player in Prime Minister Narendra Modi’s vision of making India a developed nation by 2047 and the third-largest economy in the world. The state’s pro-business ecosystem, strategic location, and skilled workforce have positioned it as a top investment destination, attracting investment proposals worth a staggering ₹30.77 lakh crore at the Global Investors Summit (GIS) 2024.
Addressing the summit’s concluding session on Tuesday, Union Home Minister Amit Shah emphasized that India’s growth ambitions require a collective effort, with Madhya Pradesh playing a crucial role. “This cannot be achieved by the Union government alone. Both central and state governments must work as ‘Team India’ to realize this vision,” he said.
Shah highlighted Madhya Pradesh’s strengths, including abundant natural resources, a thriving cotton industry, and a robust industrial ecosystem. “The state is blessed with rich reserves of manganese, copper, and aluminum and has the potential to be among India’s top-performing states,” he added.
Chief Minister Mohan Yadav announced that the state has signed MoUs worth₹30.77 lakh crore, with₹22 lakh crore confirmed during the two-day GIS and regional conclaves. “2025 will be observed as the ‘Year of Industries and Employment.’ Our government is committed to ensuring that these MoUs materialize into reality,” Yadav asserted.

Major corporate giants, including Adani, Reliance Industries Ltd. (RIL), and NTPC Green, have proposed significant investments in Madhya Pradesh. The summit witnessed participation from nearly 35,000 investors and industry leaders, reaffirming the state’s emergence as a powerhouse of economic growth.