Industry pledges big investment, lauds development in MP
8 years, 5 months ago

Industry pledges big investment, lauds development in MP

Hindustan Times  

Some of India’s top industrialists pledged thousands of crores to set up new ventures or expand existing businesses in Madhya Pradesh on Saturday on the inaugural day of global investors summit. INDORE, India - Oct. 22, 2016:Yoga guru Baba Ramdev meets Union finance minister Arun Jaitley as chiefe minister Shivraj Singh Chouhan looks during the inaugural session of Global Investors summit 2016 at Brilliant convention centre in INDORE, India, on Saturday, October 22, 2016. Responding to chief minister Shivraj Singh Chouhan’s call for investments, industry bigwigs Kumar Mangalam Birla, SRF chairman Arun Bharat Ram, and Essar’s Shashi Ruia announced plans to make further investment in the state. Addressing the event, union finance minister Arun Jaitley said that once goods and services tax is implemented and India becomes one consolidated market, then Madhya Pradesh due to its geographical location will become a supply hub for the Indian industry for supplying goods in all the four directions. Chief minister Shivraj Singh Chouhan exhorted the industrialists to invest in Madhya Pradesh saying that all their needs would be handled in a fast-track manner under the single window system.

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