Much of it to flow into coal, energy, retail sectors
The Anil Dhirubhai Ambani Group (ADAG), which has invested about Rs.30,000 crore in the State in the past few years, offered Rs.30,000 crore more by 2020 in sectors such as power and coal. Mukesh Ambani-led Reliance Industries Ltd pledged Rs.20,000 crore in the energy and retail business. Adani Group Chairman Gautam Adani said his company would invest Rs.20,000 crore within the next five years.
Kishore Biyani’s Future Group promised investments worth Rs.2,000 crore in agri-based business, while the Essar Group offered to invest Rs.4,000 crore in various sectors. The Welspun Group will invest Rs.5,000 crore in renewable energy in the State, and Symbiosis said it would invest Rs.200 crore in educational infrastructure in Madhya Pradesh.
Cyrus Mistry, Chairman, Tata Sons said TCS was expanding activities in a new integrated campus at Indore, which would provide employment to 10,000 IT professionals.
“The Tata group is going to establish a world class driver and mechanic training centre in Bhopal in public-private partnership. The group is going to invest in the State in tourism, urban transport, and agriculture and pulse production,” he added.
RIL Chairman Mukesh Ambani said Madhya Pradesh had the potential to do much more.
“We are going to invest Rs.20,000 crore in the coming years in energy, retail business, entrepreneurship development and digital infrastructure sector. The people of Madhya Pradesh are going to have a world class digital infrastructure in the coming 18 months,” he added.
Essar Group Chairman Shashi Ruia too announced substantial investments.
“We are already in the power sector and I can say that Madhya Pradesh is a place where you can plan the investment and implement it. We are going to get additional Rs.4,000 crore investment in the State,” he added.
Business Line
