Chief Minister Chouhan to lead investment delegation to Singapore Jan 14, 2016.
Madhya Pradesh (MP) Chief Minister Shivraj Singh Chouhan will start the new year by launching a major investment drive in Singapore on January 14, 2016, which will lead to many more Indian states venturing internationally seeking new economic driving investments for the coming years.
MP, known as the heartland of India, is the fastest growing state with a double digit Compounded Annual Growth Rate in Gross State Domestic Product and has been consistently revenue surplus since 2004-05. Its capital expenditure witnessed a six-time increase in the last decade, said the Confederation of Indian Industry (CII) in its recent announcement of one of the many expected road-shows in the coming year for attracting investments.
MP has made an investment of over US$15.4 billion to support infrastructure in the last five years.
The state is a power surplus state with a stable water supply, peaceful labour environment, skilled manpower and good connectivity to large markets and major cities like New Delhi, Mumbai, Ahmedabad, Hyderabad and Kolkata.
It has a well-knit logistics network with 16 national highways spanning 5,200 km of roads, a rail network with 455 trains passing through daily, besides excellent air connectivity with major tier 1 cities and convenient access to major ports like the Kandla Port and Jawaharlal Nehru Port.
MP is among the top five states in terms of ease of doing business in India, as per the latest study done by Department of Industrial Policy Promotion and World Bank, said CII which with the support of the Indian High Commission in Singapore is organizing a Business Seminar and Special session with the Madhya Pradesh State Chief Minister and delegation members.
We share the attached is the state’s industrial policy plan:
MP, known as the heartland of India, is the fastest growing state with a double digit Compounded Annual Growth Rate in Gross State Domestic Product and has been consistently revenue surplus since 2004-05. Its capital expenditure witnessed a six-time increase in the last decade, said the Confederation of Indian Industry (CII) in its recent announcement of one of the many expected road-shows in the coming year for attracting investments.
MP has made an investment of over US$15.4 billion to support infrastructure in the last five years.
The state is a power surplus state with a stable water supply, peaceful labour environment, skilled manpower and good connectivity to large markets and major cities like New Delhi, Mumbai, Ahmedabad, Hyderabad and Kolkata.
It has a well-knit logistics network with 16 national highways spanning 5,200 km of roads, a rail network with 455 trains passing through daily, besides excellent air connectivity with major tier 1 cities and convenient access to major ports like the Kandla Port and Jawaharlal Nehru Port.
MP is among the top five states in terms of ease of doing business in India, as per the latest study done by Department of Industrial Policy Promotion and World Bank, said CII which with the support of the Indian High Commission in Singapore is organizing a Business Seminar and Special session with the Madhya Pradesh State Chief Minister and delegation members.
We share the attached is the state’s industrial policy plan:
https://www.dropbox.com/s/btrrtmfqby3fejv/Industrial%20Promotion%20Policy%202014%20%5B192123%5D.pdf?dl=0
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