Chief Minister Dr. Yadav held one-to-one discussions with investors from Dubai

Bhopal: During the Dubai investment trip of Chief Minister Dr. Mohan Yadav, one-to-one discussions were held with international investors and industrial groups on Monday, in which there was a comprehensive and positive dialogue on the possibilities of multi-sectoral investment in Madhya Pradesh. Chief Minister Dr. Yadav met Mr. Pankaj Gupta, Co-Founder and Co-CEO of Gulf Islamic Investments (GII) and discussed potential investments in healthcare, logistics parks, industrial real estate, education, food processing and manufacturing sectors. GII is a Sharia-compliant alternative investment firm that invests in diverse sectors globally and is now seriously considering investing in Madhya Pradesh. Chief Minister Dr. Yadav also met Mr. Ankur Gupta, Head of Corporate Affairs and Growth (MENA Region), Tata Group. The discussion discussed the possibilities of investment in sectors like IT, energy, steel, automobile, airlines, consumer products and hospitality. The Chief Minister invited the Tata Group to set up a strategic investment center in Madhya Pradesh and informed about the state’s industry-friendly policies and quick permissions. In a meeting with Gulf Maharashtra Business Forum (GMBF) President Dr. Sunil Manjrekar, a meaningful discussion was held on GMBF connecting Madhya Pradesh to international markets, increasing exports and providing a platform for direct dialogue with business delegations. The Chief Minister expressed happiness over providing a global platform to the entrepreneurs of the state through GMBF’s Global Connect Series. BDO Edge’s Head of Advisory Mr. Shivendra Jha met Chief Minister Dr. Yadav and shared information about the establishment of a 150-seater Global Capability Center in Bhopal and the proposed second digital center in Indore. This center will create employment in digital and consultancy services. Also, the target is to create 800-1000 high-skilled jobs in the next three years. In a meeting with Sharaf DG Group Chairman Mr. Ibrahim Sharaf, a proposal was presented to set up a rail siding logistics park in Madhya Pradesh at a cost of 30-50 million US dollars, which will create 300 to 600 direct and indirect jobs in the state. Chief Minister Dr. Yadav met Essar Al Ghurair Investment representative Mr. Yosef Al Ghurair and discussed food processing, edible oil refining unit and cold chain warehouse projects. The group expressed its desire to strengthen the agriculture sector through long-term contracts with the farmers of the state. Coneris Group CEO Mr. Bharat Bhatia presented the plan to set up a steel plant in Madhya Pradesh at a cost of USD 75 million to Chief Minister Dr. Yadav.

The company already sends steel products to 26 countries and wants to increase its presence in India through the state. Etisalat Group CEO Mr. Khalid Murshid presented investment proposals in the areas of smart city, 5G network, telemedicine, digital health and digital skill development. The company is operating in more than 16 countries and is interested in making Madhya Pradesh technologically strong. Bravo Pharmaceuticals Director Mr. Rakesh Pandey showed interest in investing in pharma manufacturing and export, while Mr. Prashant Gulati of Smart Start Fund talked about encouraging startups related to IT and financial services in Madhya Pradesh. Hitesh Dhankani of Analah Venture Partners shared plans to invest in mutual funds, insurance and equity services and Span Communications CEO Mr. Naresh Kheterpal expressed the possibility of creating 100-150 jobs with an investment of Rs 500 crore to promote tourism, naturopathy resorts and cruise tourism in the state. At the same time, Mr. Rushang Shah of Bluevers India shared plans to bring eco-friendly vehicle washing technology and water conservation based solutions. Chief Minister Dr. Yadav assured all investors that the Madhya Pradesh government will provide them all possible help, policy support and quick permissions. He said that the state’s industrial policies, trained workforce, natural resources and logistics infrastructure provide a favorable environment for investors. This journey is proving to be a historic step towards establishing Madhya Pradesh more strongly on the global investment map.