Prime Minister Narendra Modi inaugurated the Global Investors Summit (GIS) 2025 in Bhopal, Madhya Pradesh, highlighting the state’s transformation and its vital role in India’s growth journey. Apologising for his delayed arrival due to students’ board exams, Modi welcomed investors and business leaders to the historic land of Raja Bhoj, emphasising that a developed Madhya Pradesh is crucial for achieving a developed India. 

Modi underscored India’s growing global prominence, citing the World Bank’s forecast of India’s continued economic leadership and recognition from international organisations on India’s advancements in solar power and supply chain solutions. He stressed that this global confidence is driving investment opportunities in Madhya Pradesh. 

Describing the state’s evolution over two decades, Modi noted Madhya Pradesh’s rise from infrastructure and governance challenges to becoming a top investment destination. He highlighted the state’s achievements in agriculture, minerals, and its emergence as a hub for electric vehicles, with nearly two lakh EV registrations and a 90% growth rate.

 

Modi detailed the state’s infrastructure growth, including its 500,000 kilometer road network, enhanced industrial corridors, and the strategic Delhi-Mumbai Expressway, which strengthens connectivity and logistics. He also celebrated advancements in air and rail connectivity, with expanded airport terminals and 100% rail electrification, along with modernisation efforts at key railway stations. 

On energy, Modi praised Madhya Pradesh’s clean power initiatives, with 30% of its 31,000 MW capacity coming from renewable sources. He highlighted landmark projects like the Rewa Solar Park and the floating solar plant in Omkareshwar. The Bina Refinery Petrochemical Complex, backed by a Rs 500 billion investment, is set to position the state as a petrochemical hub. 

Modi emphasised the state’s industrial potential, pointing to its 300 industrial zones and major investment areas in Pithampur, Ratlam, and Dewas. He also spotlighted the Rs 450 billion Ken-Betwa River Interlinking Project, which will boost agricultural productivity and strengthen water management. 

Reflecting on national growth, Modi cited the recent budget’s support for the middle class, including income tax reforms and infrastructure investments. He praised initiatives to empower MSMEs and simplify regulatory frameworks, fostering a business-friendly environment through the State De-regulation Commission. 

Highlighting key sectors, Modi positioned Madhya Pradesh as a leader in textiles, contributing 25% of India’s organic cotton supply and producing renowned Chanderi and Maheshwari fabrics. He promoted opportunities in technical textiles and the PM MITRA scheme’s textile parks. 

Modi also showcased the state’s tourism potential, with projects enhancing the Narmada River region, tribal areas, and national parks. He promoted the growing health and wellness tourism sector, underscoring opportunities in traditional treatments and the AYUSH system. 

Concluding his address, Modi called on investors to seize the moment and strengthen their presence in Madhya Pradesh, positioning it as a cornerstone of India’s development. The event was attended by Madhya Pradesh Governor Mangubhai Chhaganbhai Patel, Chief Minister Mohan Yadav, and other dignitaries. 

(PIB)