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MP CM pitches state as an investment destination to textile entrepreneurs

Updated: Oct 21, 2022 10:14:43am
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MP CM pitches state as an investment destination to textile entrepreneurs

Indore, Oct 21 (KNN) Chief Minister Shivraj Singh Chouhan on Thursday invites leading entrepreneur from the textile sector to participate in the upcoming Global Investors’ Summit to be held in Indore on January 11-12, 2023.

During the Textile Round Table Conference in New Delhi, the chief minister held discussions with industrialist regarding investment opportunities in Madhya Pradesh.

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“Madhya Pradesh is an investor-friendly state, where all the basic facilities for setting up industrial units are available. There is enough land bank for setting up the industry. Electricity is available 24x7, with more importance being given to renewable power generation like wind and solar power,” he said.

Chouhan further said that to provide skilled manpower to the industries, a Global Skill Park has been established in the state with assistance from Singapore. The state has also opened 10 new ITIs at the divisional level, so that skilled manpower can be easily made available to the industries as per their requirement.

The state is also setting up a floating solar power plant of 600 MW capacity at Omkareshwar Dam.

‘In ‘Ease of Doing’ all the permissions for setting up industries are easily given through single window system, besides investment policies have been simplified, which has made setting up industries easier,” he added.

The Madhya Pradesh government is also making the required changes in the policies related to establishment of industries from time to time after discussing with the industrialists.  (KNN Bureau)

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