ENASectors2025-02-27 14:15:10<p><span style="font-size:14px"><strong>New Delhi, Feb 27 (KNN)</strong> Indias states are setting new benchmarks in investment commitments, with Madhya Pradesh concluding its two-day Global Investors Summit on Tuesday, securing pledges worth Rs 26.61 lakh crore—twice the size of the states GDP.</span></p>
<p><span style="font-size:14px">This follows Odishas Utkarsh Odisha Conclave in late January, which attracted commitments of Rs 12.89 lakh crore, 1.4 times its economys size.</span></p>
<p><span style="font-size:14px">In just two months of 2025, six states—Karnataka, West Bengal, Kerala, Assam, along with Madhya Pradesh and Odisha—have collectively garnered investment proposals totaling Rs 60.5 lakh crore.</span></p>
<p><span style="font-size:14px">Adding Rajasthan and Bihars December 2024 events, the tally surpasses Rs 97 lakh crore in three months.</span></p>
<p><span style="font-size:14px">These investor summits, a staple since economic liberalisation, have now grown significantly in scale and ambition. The latest editions emphasize frontier manufacturing sectors such as solar modules, wind turbines, hydrogen electrolysers, lithium-ion storage, and semiconductor wafers.</span></p>
<p><span style="font-size:14px">The startup ecosystem is also receiving a major push, alongside easier regulatory approvals and skilled manpower availability.</span></p>
<p><span style="font-size:14px">Competition among states is intensifying, with traditionally service-driven economies now vying for manufacturing investments. This aligns with Indias broader vision of integrating into global supply chains.</span></p>
<p><span style="font-size:14px">However, while large investment promises are common—Uttar Pradesh secured Rs 33.5 trillion in February 2024—only a fraction typically materializes.</span></p>
<p><span style="font-size:14px">Madhya Pradeshs summit alone could generate 1.73 million jobs, with NTPC and Adani Group committing Rs 2 lakh crore and Rs 1.1 lakh crore, respectively.</span></p>
<p><span style="font-size:14px">Odishas investments span mineral industries, renewable energy, IT, and food processing. Karnataka secured Rs 10.27 lakh crore, with projects ranging from solar to steel manufacturing.</span></p>
<p><span style="font-size:14px">With upcoming summits in Maharashtra and Chhattisgarh, and major deals signed at the World Economic Forum in Davos, Indias investment drive aligns with its $30-35 trillion economic vision for 2047, reinforcing growth, job creation, and industrial expansion.</span></p>
<p><span style="font-size:14px"><em><strong>(KNN Bureau)</strong></em></span></p>
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2025-02-27 14:15:10knnindia.co.inInvestment Summits in States Attract Billions in Commitments