Regional Industry Conclave: Background prepared under the guidance of Chief Minister Dr. Mohan Yadav, better environment is being created for the development of industries

Highlights

The minister and MP directed that all preparations should be of high quality. Britannia, Jain Card, Vanwells, Bombay Leather showed interest. The administration is busy preparing for the regional conclave.

Naiduniya Representative, Gwalior. Regional Industry Conclave held in Ujjain in March and Jabalpur in July along with the conclaves held in Mumbai, Coimbatore and Bangalore became important platforms for the development of industries in Madhya Pradesh. The Regional Conclave being held in Gwalior on 28 August will become a powerful medium for the development of small industries. There are possibilities of getting investment in food processing, textile and garment industry as well as footwear and leather sector in Gwalior.

At present, land has been allotted to 73 industrial units, providing employment to around 3000 people with an investment of Rs. 345 crore. Inauguration and Bhoomi Pujan of 27 different industrial units will also be held at the Gwalior Conclave. Investment proposals worth around Rs. 1420.39 crore will be implemented and 3451 people will get employment. Apart from MSME, the Conclave will have sessions related to tourism, IT, startup, handicrafts, cottage industry, footwear, skill development and higher education. A solid plan for expansion of information technology generated services in the Gwalior region.

Chief Minister Dr. Yadav’s focus is on the IT sector

Investment incentives are being given to promote electronic system design and manufacturing along with information technology in Gwalior region. Chief Minister Dr. Mohan Yadav will discuss with major companies to increase investment in the IT sector in the Regional Industry Conclave in Gwalior on August 28. The IT sector contributes five billion dollars to Madhya Pradesh’s GDP.

At present, there are 15 IT parks in the state and Gwalior has an IT park spread over 75 acres. The IT building is spread over 73 thousand square feet and has 20 thousand 400 square feet of vacant space. Through the conclave, investors will be informed about the industrial capabilities and opportunities of the Gwalior-Chambal region. Representatives from many countries including Netherlands, Ghana, Canada and Mexico are participating in the conclave.