Regional Industry Conclave was organised in Jabalpur.
Highlights
The government will work on the export of local products and the MSME sector. After Mahakoshal, a regional industry conclave will be held in Gwalior and Rewa. The government will organize an industry conclave in Coimbatore, Tamil Nadu on July 25.
State Bureau, Naiduniya, Bhopal: The Madhya Pradesh government will now focus on the export of local products, for this, work will be increased in One District One Product (ODOP) and Micro Small and Medium Enterprises (MSME) sector. Subsidy will also be given in different categories on export.
The government has admitted that exports from Madhya Pradesh have decreased as compared to earlier. This has also affected small industries. In such a situation, now the state government is also considering increasing subsidy and incentives to promote small industries. This has been started through Regional Industry Conclave in Ujjain and Jabalpur.
Emphasis on investment in backward areas in industrial sector
The government is identifying such backward areas in the industrial sector and is stressing on bringing investment here. Its better results are also being seen. Regional Industry Conclave is such a beginning which will give Madhya Pradesh a different place in the country. It started from Ujjain and reached Mahakoshal.
Regional Industry Conclave in Gwalior and Rewa
In the next series, regional industry conclaves will be organised in Gwalior, Madhya Pradesh in September and in Rewa in October. Outside the state, industry conclaves are proposed in Coimbatore, Tamil Nadu on July 25, Bengaluru, Karnataka in August, Delhi in September and Indore in September.
Preparations underway for organizing Global Investors Summit
After the Regional Industry Conclave, preparations will begin for organizing the Global Investors Summit on 7th and 8th February 2025. The new export policy of Madhya Pradesh will be announced in the Global Investors Summit and the provisions made in the new industrial policy will be shared with new investors to increase investment.
Today, at the “Regional Industry Conclave 2024” organized in Jabalpur, I congratulated and wished 265 units in the state by providing them letters of intent for 340 acres of land.
The total amount of investment in Ujjain, Indore, Bhopal and Jabalpur along with other areas is ₹1,876 crores and it will create more than 12900 jobs… pic.twitter.com/BnllRrrNEb
— Dr Mohan Yadav (@DrMohanYadav51) July 20, 2024
Export protection in the state was doubled
Export facilitation cells have been set up in all districts. This has brought awareness about exports among small and medium scale producers. Madhya Pradesh Vyapar Sangathan Parishad and export cells have jointly organized several programs which helped the government in assessing investment possibilities.
District export promotion programmes were organised in Neemuch, Harda, Ashoknagar, Narsinghpur, Shahdol, Balaghat, Betul and Dhar. Madhya Pradesh is striving to increase its contribution to India’s total merchandise exports.
Export of many products
In the financial year 2023-24, products like pharmaceutical products, cotton, nuclear reactor, boiler, machine, textile, organic chemicals, aluminum, metal, grain, electrical machinery equipment, plastic have been exported. The highest export of pharmaceutical products took place. Their export value is Rs 13,158 crore. A target has been set to double the exports of Madhya Pradesh in the next three years.
Make in India program has been started under the leadership of Prime Minister Narendra Modi, under this special focus has been made on the defense sector. As per the intention of Chief Minister Dr. Mohan Yadav, this idea of setting up a chain of industries in the state will promote industrialization in the state. MSME sector has an important contribution in the economy. A plan to set up new industrial units in 16 districts of the state is also proposed.
Chetan Kashyap, Minister MSME MP