Connect with us

Hi, what are you looking for?

Political Mirror

GOVERNMENTS

Madhya Pradesh aims to contribute Rs 55,000 crore to India’s GDP by 2026: Shivraj Singh Chouhan

MUMBAI: Madhya Pradesh Chief Minister Shivraj Singh Chouhan on Thursday said the state’s contribution to India’s economy will reach USD 550 billion by 2026 as the country is expected to become a USD 5-trillion economy.

Chouhan said the state’s gross domestic product (SGDP) is growing at 19.67 per cent this year and it has been attracting investments at a faster pace.

“Prime Minister Narendra Modi has taken a pledge to make India a USD 5-trillion economy. It will be achieved when states do their part. So we will be contributing USD 550 billion to the country’s economy by 2026. We have made a road map to accomplish this (target), and attracting investment is a part of this plan,” Chouhan told reporters on the sidelines of an event here.

At ‘Investment opportunities in Madhya Pradesh’ event hosted by industry body CII, the chief minister also urged the investors’ community to invest in Madhya Pradesh. The event comes ahead of a two-day global investors’ summit which is scheduled to be held in Indore beginning January 11 next year.

The chief minister said that Madhya Pradesh offers a host of benefits to new businesses, which include easy availability of land and strong infrastructure support.

The state does not have any kind of industrial unrest. At the same time, there is an abundance of skilled manpower here, Chouhan said.

He said there are immense opportunities for investment in areas such as food processing, textiles, pharmacy, automobile, tourism and warehousing sectors, among others. And these segments are attracting investment as well.

The chief minister said that he has held meetings with business houses such as Reliance, Mahindra & Mahindra, Hindustan Unilever (HUL) and BPCL and during the course of the day will be meeting with other companies as well.

According to the state government, the state’s strategic location, strong resources, innovative and proactive policy approach and industrial corridors are the other key differentiators.

Source: Press Trust of India

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Politics

NEW DELHI:A man disguised as an advocate was allegedly caught by the police security detail of the main witness in the 1984 Anti Sikh...

Politics

BARAMULLA: India’s Home Minister Amit Shah on Wednesday ruled out holding dialogue with Pakistan and asserted that the Modi government will wipe out terrorism...

JKNC

SRINAGAR: National Conference (NC) president Farooq Abdullah on Monday urged the natives of Jammu and Kashmir to register themselves in the electoral rolls so...

BSP

NEW DELHI: Appreciating the performance of her party candidate in the bypoll in Azamgarh Lok Sabha seat, the BSP president Mayawati on Monday asked...

ECI

NEW DELHI: Chief Election Commissioner (CEC) Rajiv Kumar along with Election Commissioner (EC) Anup Chandra Pandey today launched a yearlong Voter Awareness Program –...