Madhya Pradesh's Industrial Boom: Rs 31,800 Crore in New Investments

Madhya Pradesh Chief Minister Mohan Yadav announced new investment proposals worth Rs 31,800 crore at the Regional Industrial Conclave. Financial aid of Rs 367 crore was also distributed to 1,200 MSMEs. The investments are expected to create over 9,800 jobs, furthering the state's development agenda.

A bustling Regional Industrial Conclave witnessed the announcement of investment proposals worth Rs 31,800 crore in Madhya Pradesh, according to Chief Minister Mohan Yadav. The event marked significant economic strides in the region.

In a move to bolster the Micro, Small, and Medium Enterprises sector, Yadav digitally transferred Rs 367 crore in financial aid to over 1,200 enterprises. A total of 82 industrial units were also inaugurated, expected to generate approximately 5,800 jobs.

Yadav further issued letters of intent for 98 units, projected to bring in Rs 911 crore in investments and create 4,000 jobs. Additional infrastructural developments are set to spur industrial growth, aligning with the state's ambition to double its budget in five years.

(With inputs from agencies.)