labels: economy - general
Madhya Pradesh to host global investors meet in Octobernews
11 May 2007

Mumbai: The Madhya Pradesh government will organise a two-day global investors meet in Bhopal from October 26, chief minister Shivraj Singh Chauhan said in London.

He said the state offered vast scope for overseas investments in sectors like infrastructure, agro-processing, automobiles, IT, and development of tourist spots.

Chauhan said Madhya Pradesh had developed a "single table" clearance for all investment projects.

He said the mineral-rich state has also abundant skilled manpower, electricity, water and historic tourist spots and investors failing to invest now would regret it after five years.

Madhya Pradesh, meanwhile, has already attracted Rs11,000 crore investments from the US and Rs80 crore from the UK - mostly from NRI industrialist Lord Swraj Paul - state officials said.

Chauhan, who was in the UK capital to extend a personal invitation to businesses interested in investing in the state, said overseas delegates attending the meet would be treated as "state guests" and that the state government would take care of their boarding and lodging.

He also addressed an interactive session with potential investors at the India House, organised by the High Commission.

The chief minister, accompanied by a large business delegation, is also scheduled to visit the US.


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Madhya Pradesh to host global investors meet in October