8 years, 7 months ago

Global investors summit: Projects signed in MP in last 2 meets yet to take off

Some big-ticket investment projects signed during the previous global investors summits in 2012 and 2014 in Madhya Pradesh have failed to materialise as the government prepares ground for the summit this year. Addressing the summit in October 2012 in Indore, Sahara Group chief Subrata Roy had said, “We are going to make a foray into dairy business by opening the world’s biggest dairy in MP. Similar major projects such as Delhi-based Surya Global’s foray into cement sector and Hyderabad-based Suryachakra Group’s investment in the power sector have been shelved after agreements were signed due to delay in mining permissions. During the later half of Monday, Chouhan is slated to meet potential investors including Kaul Group managing director Rajeev Kaul, MasterCard executive vice president Tara Nathan and director, government affairs Claudio Lilienfeld.

Hindustan Times

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