Prime Minister Narendra Modi on Monday said with a𝓀 strong talent pool and thriving industries, Madhya Pradesh is becoming a preferred business destination and that this is the time, and right time, to invest in the state.
Modi said the World Bank has expressed confidence that India will continue to be the world's fastest growing economy in the coming years.
Prime Minister Narendra Modi on Monday said with a𝓀 strong talent pool and thriving industries, Madhya Pradesh is becoming a preferred business destination and that this is the time, and right time, to invest in the state.
He was speaking after inaugurating the mega 'Invest Madhya Pra🐓d🦩esh - Global Investors Summit-2025' at the Indira Gandhi Rashtriya Manav Sangrahalaya, located near the picturesque Upper Lake in Bhopal, to showcase the state's infinite possibilities for investors and industrialists.
Modi said the World Bank has expressed confidence that Indi🎶a will continue to be the world's fastest growing eco🅠nomy in the coming years.
ܫThe World Bank recently said in its Global Economic Prospects report that India will remain the fastest-growing major economy for next two years.
Modi also said 🐠the Deregulation Commission will help create investment-friendly regulatory ecosystem in the 🔯states.
India is emerging as the top supply chain for global aerospace firms, he saಌid, adding that textile, tourism and technology sectors will generate crores of jobs in the years to come.
The PM also unveiled 18 new policies of t༺he Madhya Pradesh government, aimed at attracting major invest💖ment in the BJP-ruled state.
"With a strong talent pool and thriving industries, Madhya Pradesh is becoming a preferred business destination,﷽" Modi said.
"This is the time, and right tim🐼e, to inv🌠est in the state," the prime minister said.
"The speed of development in Madhya Pradesh has doubled after ⭕the formation of the ‘double engine' government in the state," he said.
Modi furtඣher said Madhya Pradesh i🦄s among the leading states in India's electric vehicles revolution.
There are several opportunities in the health and wel𝓰lness sector in the country, he said, adding, “The world is liking the ‘heal in India’ mantra".
Modi said in the past two decades, MP has seen a lot of transfo🧸rmations.
There were 🐼issues pertaining to electricity and wa🥃ter, and law and order was even worse. In such a scenario, industrial development was difficult, he noted.
But in the past 20 years, with the help of the people, the BJP state government focused on governance. Two decades ago, people used to stay away from investing here (in MP), and now it is among the top states 🔥in the country for investment, Modi said.
He saiಌd that a few days ago, a UN organisation on climate change called India a "solar power superpower".
"Thi𝄹s organisation also said that while many countries only talk, India shows results," Modi added.
On the occasion, Chief Minister Mohan Yadav said with the organisation of the Global Investors Summit here, Madhya Pradesh will make its identity as a ꦑmajor global investment destination.
Yadav said his government is committed to double the state's economy in the next five years, as part of the country's commitment to ꧙make India a developed nation by 2047.
Madhya Pradesh has decided to observe 2025 as a year of industries and employment, as part of its commitment towards making India a 𓆉dev🌱eloped nation, he added.