Global Investors Summit 2014: Ambani’s invests 50k crore, Adani invests 20k crore

Heartbeat

Global Investors Summit 2014 Ambani's invests 50k crore, Adani invests 20k crore (3)

Indore, 9 October 2014: With a host of business leaders and delegates attending the Global Investors Summit, the event is expected to generate excitement as well as attract investment in the state. Top entrepreneurs addressed the audience making substantial announcements as well as enlightening and informing about their businesses.

  • ADAG to invest INR 30,000 crore by 2020 in Madhya Pradesh across verticals
  • Adani Group to invest INR 20,000 crore within the next five years
  • Future Group to invest INR 2,000 crore in the agri-based business in MP
  • RIL pledges INR 20,000 crore in the energy, retail business in MP
  • Essar Group to invest INR 4,000 crore in Madhya Pradesh
  • Welspun Group to invest INR 5,000 crore in renewable energy in MP
  • Symbiosis to invest INR 200 crore in educational infrastructure in MP

Captains of the Indian industry are overwhelmed by Madhya Pradesh Chief Minister Shivraj Singh Chouhan’s entrepreneurship, dynamic leadership, industrial policies being provided in the state to investors. Soon after inaugural session of Global Investors Summit at Indore today, not only the industrialists desired to invest in the state, but also said that Madhya Pradesh will become pioneer in the country in industrial development also.

India’s top industrialist Mukesh Ambani said in his address that Reliance Group will invest Rs. 20 thousand crore in the state in next one and half years and his younger brother Anil Ambani’s Reliance ADA Group has assured to increase present investment in Madhya Pradesh from Rs. 30 thousand crore to Rs. 60 thousand crore.

Global Investors Summit 2014 Ambani's invests 50k crore, Adani invests 20k crore (1)

Godrej Group’s Chairman Adi Godrej said that every work of industrial world is done easily and smoothly in Madhya Pradesh. He has been industrially associated with Madhya Pradesh for over 27 years. The way the present state government is giving facilities to industrial world will benefit entire state, he added.

Reliance ADA Group’s Chairman Anil Ambani is attending Global Investors Summit in Madhya Pradesh for consecutive 4th year. Specially referring to leadership of Chief Minister Shivraj Singh Chouhan, state’s transparent administrative machinery and industry-friendly policies, he said that his group will invest Rs. 30 thousand crore more by year 2020 in coal, power, cement and telecom sectors. At present, his company’s investment is Rs. 30 thousand crore in the state, which will be doubled in coming years.

Chairman of Larsen & Toubro (L&T) A. M. Nair desired to invest in skill development and defence equipments manufacturing sectors in the state.

Tata Group’s Chairman Cyrus Mistry said that Tata Consultancy Services, Indore will provide jobs to 10 thousand youths. He talked about expansion of Tata International at Dewas and establish food packaging unit in Vidisha, skill training centre at Dewas and cooperate in BRTS at Jabalpur and Ujjain. He desired to establish driver-mechanic training centre at Bhopal. He said that Tata Group is committed to investing in Madhya Pradesh.

Global Investors Summit 2014 Ambani's invests 50k crore, Adani invests 20k crore (4)

Noted industrialist Gautam Adani said that his group will invest Rs. 20 thousand crore in Madhya Pradesh in next 5 years. Adani lauded all-round development in Madhya Pradesh during last 8-10 years.

Reliance Group’s Chairman Mukesh Ambani said that Madhya Pradesh will become digital capital of India. His group will invest Rs. 20 thousand crore by year 2015 in digital internet, energy, retail etc. He also evinced interest in organic farming in the state.

Essar Group’s Chairman Shashi Ruia informed about intention to invest Rs. 4000 crore in the state in energy, steel, BPO and coal band.

Sushri Sindoor Mittal of Welspun Group said that Madhya Pradesh has set an example of providing facilities rapidly to industrialists. She informed that her group will invest Rs. 5000 crore in renewable energy sector in coming days.

John Stone of J.N.S. Group of Australia said that his country stands by India and Madhya Pradesh in writing a new chapter of history. He lauded the state government for creating atmosphere of investment.

Future Group’s Chairman Kishore Biyani assured to provide jobs to 10 thousand youths by establishing food park in the state. He said that wheat of Madhya Pradesh is most suitable for preparing pasta.

CII’s Chairman and DCM Group’s Head Ajay Shriram, Managing Director of Symbiosis Dr. Swati Majumdar and Y.C. Deveshwar of ITC also praised Madhya Pradesh’s industrial policies.

We will cooperative moving 2 steps ahead: CM Chouhan

Expressing gratitude towards industrial world at the first session of this massive global get-together, Chief Minister Shivraj Singh Chouhan said that he will not let their trust broken at any cost. Madhya Pradesh will be made an ideal state for investment. We will move two steps towards you to cooperate in your efforts for establishing industries and business in the state. He said that “trust will not be broken, association will not end”. Madhya Pradesh will contribute its best for country’s progress.

Global Investors Summit 2014 Ambani's invests 50k crore, Adani invests 20k crore (2)

 

Your Point of View