Government is committed to provide all possible help for industrial development: Chief Minister Dr. Yadav

Bhopal: Chief Minister Dr. Mohan Yadav has said that the Madhya Pradesh government is committed to providing all possible assistance for industrial development. He expressed expectations from Panasonic Energy to promote its skill development initiative in the state, so that the youth of the state can get better employment opportunities. The Chief Minister proposed to Panasonic Energy to expand its unit in Pithampur for energy storage and sustainable battery manufacturing. He also proposed to set up a research and development center in the state. This will lead to growth in the field of technology in the state. Chief Minister Dr. Yadav held an important meeting with the officials of Panasonic Energy Company Limited on the third day of his Japan visit. In the meeting, an in-depth discussion was held with the officials of Panasonic on investment opportunities and possibilities of cooperation in Madhya Pradesh.
Chief Minister Dr. Yadav discussed setting up new units in Madhya Pradesh with Panasonic Energy, especially in the field of electric vehicle battery manufacturing and energy storage. Explaining the state’s industrial policy and special financial assistance schemes for Panasonic Energy, he said that this can provide Panasonic with more opportunities to invest in Madhya Pradesh.
In the meeting, Panasonic Energy officials gave information about their company’s achievements and future plans. Panasonic expressed its interest in investing in the energy storage and battery manufacturing sector in Madhya Pradesh and expressed confidence that it will get full support from the state government.
Invited for GIS
Chief Minister Dr. Yadav invited Panasonic Energy to the upcoming Global Investors Summit to be held in Bhopal on 24-25 February 2025, so that they can consider new investment opportunities in the state and understand the industrial scenario of Madhya Pradesh better. Chief Minister Dr. Yadav also invited the representatives of Panasonic Energy to visit places of cultural and historical importance in the state like Sanchi. The Chief Minister reiterated his commitment to work towards a long-term and strong partnership with Panasonic Energy in Madhya Pradesh and assured them of all possible cooperation in the state.
Panasonic Energy
Panasonic Energy Ltd., a subsidiary of Panasonic Holdings Corporation, is a global leader in energy solutions headquartered in Japan. The company manufactures lithium batteries, lithium-ion batteries for vehicle use, lithium-ion batteries for industrial or consumer applications, storage battery modules, etc. The company has manufacturing facilities in North America, Europe, and Asia. The company is a major supplier to major automotive brands such as Tesla.