News Brief
Madhya Pradesh Unveils Major Investment-Friendly Policies Ahead Of Global Investors Summit
Madhya Pradesh CM Mohan Yadav
In a significant move to boost investment and industrial expansion, the Madhya Pradesh government has approved seven key policies ahead of the Global Investors Summit (GIS).
Among these are the Madhya Pradesh Industry Promotion Policy and the Madhya Pradesh Export Promotion Policy 2025, reported Business Standard.
Under the industry promotion framework, the state has set a target of creating 20 lakh jobs over the next five years.
State industry department officials highlighted that the policies have been revised based on feedback from investors to enhance Madhya Pradesh’s attractiveness for industrialists, multinational corporations, and private investors.
A key aspect of the overhaul is the simplification of business processes, reducing bureaucratic red tape by eliminating multiple departmental approvals and enabling a single-window clearance system.
The Industry Promotion Policy covers ten key sectors, including agriculture, textiles, apparel, aerospace, pharmaceuticals, medical devices, EV manufacturing, renewable energy, and high-value manufacturing.
Each sector is set to benefit from targeted incentives to encourage growth and investment.
The new export promotion policy has been designed to broaden export markets, increase trade volumes, and streamline export operations, thereby strengthening the state’s economic landscape.
In pursuit of this vision, Chief Minister Mohan Yadav recently toured Europe and Japan, engaging with potential investors.
The government has also sanctioned a logistics policy, a city gas distribution policy, a film tourism policy, and the Tourism Policy 2025, reinforcing its commitment to holistic economic development.
On Wednesday, 12 February, Yadav will host a curtain-raiser event in New Delhi, personally inviting industry leaders and investors to explore opportunities in Madhya Pradesh.
The Global Investors Summit, to be held in Bhopal on 24-25 February, will be inaugurated by Prime Minister Narendra Modi, further underscoring the state’s ambitions to become a premier investment hub.
