MP Received Rs. 15,606 Crore Investment Proposals at Ludhiana Interactive Session
Chief Minister Dr. Mohan Yadav has stated that India’s economic system has become stronger, industrialisation has accelerated, and the country has now emerged as the world’s fourth-largest economy. He described Ludhiana as the Manchester of India, where industrialists have carved a distinct identity through hard work. Renowned bicycle brands like A-One and Hero, manufactured in Ludhiana, are well-known across the country and the world. He hailed investors from Punjab as important torchbearers of the nation’s economic prosperity.
Speaking at an investor meet in Ludhiana, Dr. Yadav said that interactive sessions, one-to-one meetings, and dialogues held today resulted in investment proposals worth Rs. 15,606 crore, which are expected to generate over 20,000 employment opportunities. He extended a warm invitation to industrialists from Ludhiana and Punjab to set up industries in Madhya Pradesh, and also briefed them on the state’s resources and investor-friendly industrial policies.
CM Dr. Yadav emphasised Madhya Pradesh’s unique mineral wealth, noting that the Panna district is rich in diamonds, Shahdol has iron deposits, and recently, gold mines have also been discovered in Singrauli. He warmly invited all investors to invest in Madhya Pradesh’s rich and resourceful land, saying it offers limitless business opportunities.
“Come and make Madhya Pradesh your second home,” he urged. “You are welcome to set up as many industries as you want — the state government will receive you with open arms and provide every possible assistance”, he assured. He added that Madhya Pradesh offers everything required for industrial development — land, electricity, water, and skilled manpower. He also remarked that Madhya Pradesh and Punjab are like brothers — Punjab being the elder brother in grain production and Madhya Pradesh the younger. Now, both brothers will work together for the development of the country and Madhya Pradesh, he said.
CM Dr. Yadav praised Prime Minister Shri Narendra Modi’s leadership, stating that under his guidance, India is progressing rapidly. Punjab is the land of bravery with a unique identity and a rich Guru-Sikh tradition. Indore, Madhya Pradesh’s commercial capital, is famous for cleanliness, while Ludhiana is known for its industries,” he said. “We have come to invite industrialists to invest in Madhya Pradesh. Invest without hesitation — the government will support you in every possible way,” he added.
The Chief Minister called industry a noble endeavour, saying it supports many livelihoods and brings prosperity to the poor. “Industrialists not only support their families but also bring light to others’ homes,” he said.
Recalling Punjab’s glorious past—he paid tribute to Shaheed Bhagat Singh, who made the supreme sacrifice for India’s freedom. He encouraged entrepreneurs to continue expanding their businesses and consider setting up one or two factories in Madhya Pradesh as well.
CM Dr. Yadav highlighted how Madhya Pradesh showcased its investor-friendly policies to the world at the Global Investors Summit (GIS). He said the state has introduced several incentives for industries — for example, the government will provide an additional Rs. five thousand support in salary for textile sector workers. He also mentioned that bicycles are being distributed to school students in Madhya Pradesh. Since most cycles are currently made in Punjab, it would be ideal for Punjab’s industrialists to establish cycle manufacturing units in Madhya Pradesh. He noted that while India was the 15th largest economy at the time of independence in 1947, it has now risen to the fourth-largest under Shri PM Modi’s leadership, after being 11th in 2014. India is now on its way to becoming the third-largest economy in the world, he said.
CM Dr. Yadav said that after organising Road-Shows in Coimbatore and Surat, the Madhya Pradesh government has now connected with investors in Ludhiana. Regional Industry Conclaves have also been held at the divisional level across the state. During the GIS held in Bhopal in February this year, Madhya Pradesh received investment proposals worth Rs. 30.77 lakh crore.
He concluded by stating that Madhya Pradesh is blessed with vast mineral resources, and investing in the state is undoubtedly a profitable proposition.
