All set to make MP $550 billion economy by 2026: Shivraj

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Bhopal: Madhya Pradesh Chief Minister Shivraj Singh Chouhan on Thursday announced a roadmap to make the state a $550 billion economy by 2026.

Chouhan was talking about investment opportunities in Madhya Pradesh in Mumbai on Thursday.

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

“Madhya Pradesh has also emerged as a future hub for pharmaceutical companies. The state has already approved permission for 15 companies to set up a bulk pharmaceutical 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 that equips future workers with the skills needed in such companies,” he added.

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

Industrial Policy and Investment Promotion Minister Rajvardhan Singh Dattigaon said, “The state provides a complete investment ecosystem in various sectors.”



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