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2mo ago

MP Secures ₹15,606 Crore in Ludhiana Meet to Fuel Industrial Growth

Madhya Pradesh is showcasing investor-friendly policies alongside expedited approvals to attract funds that promise to create over 20,000 jobs.

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Madhya Pradesh Chief Minister Mohan Yadav interacting with industrialists in Ludhiana on Monday. (Gurpreet Singh/HT)
Punjab Congress chief Amarinder Singh Raja Warring hit out against the state government through an X post. (HT)

Overview

  • Proposals worth ₹15,606 crore are expected to generate over 20,000 jobs.
  • Chief Minister Mohan Yadav held one-to-one meetings with more than 400 industrialists during the Ludhiana session.
  • He showcased 18 new investor-friendly policies, a single-window clearance system and infrastructure projects to facilitate investment.
  • Notable commitments include ₹5,000 crore from Trident Group for 6,000 jobs, ₹2,200 crore from Ralson Tyres Limited for 2,000 jobs and ₹1,581 crore from Vardhman Industries for 2,500 jobs.
  • Yadav highlighted Madhya Pradesh’s mineral wealth, including diamonds in Panna, iron in Shahdol and gold mines in Singrauli, and assured investors of full government backing.