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All set to make Madhya Pradesh 550-billion dollar economy by 2026: CM Chouhan

Bhopal: Madhya Pradesh Chief Minister Shivraj Singh Chouhan Thursday informed about having a roadmap to help making the state a 550-billion dollar economy by 2026.

Chouhan was addressing a session on Investment Opportunities in Madhya Pradesh in Mumbai on Thursday.

He said, “Madhya Pradesh has all the infrastructure and policies in place, making it an ideal destination for industries to come and set up base. Availability of skilled and semi-skilled labour, continuous power supply, land bank and well-built road connectivity will help the businesses to thrive in the state.”

“Madhya Pradesh has also emerged as an upcoming hub for pharmaceutical companies. The state has already sanctioned approval for 15 companies to come and set up a bulk drugs unit and approvals for 15 more companies are in the pipeline,” he added.

“With the help of the Singapore government, the state has developed a global skills park which will equip future labourers with skills required for such businesses,” he added.

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State Principal Secretary Sanjay Kumar Shukla said, “The state government has spent Rs 15 billion so far on building infrastructure conducive for development.”

Minister for Industrial Policy & Investment Promotion, Rajvardhan Singh Dattigaon, said, “The state provides the perfect investment ecosystem across various sectors.”

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