The Government of Madhya Pradesh organized fourth MP Global Investors Summit on 8th - 10th October, 2014 at Indore - the commercial capital of Madhya Pradesh. The three-day event aimed to showcase the strengths and industrial prowess of Madhya Pradesh, and provide a global platform for interaction with Indian industry leaders, heads of states, policy makers, investors and other stakeholders.
GIS 2014 focused on eleven sectors, namely Agribusiness & Food Processing, Pharmaceuticals, Healthcare, Urban Development, Infrastructure Development, IT and ITeS, Technical Education and Skill Development, Renewable Energy, Textile and Handloom, Tourism and Hospitality and Automobile & Engineering. The three-day mega event included several sector-specific seminars conducted by thought leaders and expert speakers, which gave insights on the latest developments and opportunities in Madhya Pradesh in the respective sectors. Investors from across the world and participants also had the opportunity for B-2-B meetings in addition to those with the relevant departments of the Government of Madhya Pradesh.
Prime Minister Narendra Modi inaugurated the event. The Prime Minister emphasized that India`s strength is inherent in its states, and if India is to be developed, states must go forward. He said he stands for Team India - a team consisting of the Prime Minister and all Chief Ministers. If this team works together, a lot can be accomplished, he added. Shri Narendra Modi said the Centre and states are not competitors or enemies; they are complementary.
Complimenting the Madhya Pradesh Government and Chief Minister for rapid strides in development, the Prime Minister said that the team of Shri Shivraj Singh Chauhan deserves full credit for it. He said Madhya Pradesh has ample land, good infrastructure, and effective governance; and therefore is an excellent investment destination. He also complimented the state government for quick follow-up action to derive benefit from key policy initiatives of the Centre, such as the "Make in India" vision and defence manufacturing policy.
The central ministers, who participated included Commerce and Industry Minister Nirmala Sitharaman, Fertiliser and Chemicals Minister Ananth Kumar, Environment Minister Prakash Javadekar, Power Minister Piyush Goel, Mines Minister Narendra Singh Tomar and Social Justice Minister Thawar Chand Gehlot.
This edition of the GIS aimed to be bigger and much impactful than its previous summits as GIS 2014 witnessed the presence of Prime Minister of India as Guest of Honour and also the event had participation from over 3550 business delegates and 189 Guests of Honour who are the captains of the industry. Several eminent industry leaders shared the dais with Chief Minister, Shri Shivraj Singh Chouhan, which included Mr. Mukesh Ambani from Reliance Industries, Mr. Cyrus Mistry from the TATA group, Mr. Anil Ambani from the Anil Dhirubhai Ambani Group, Mr. Adi Godrej from the Godrej Group, Mr. Shashi Ruia from Essar, Mr. YC Deveshwar from ITC and Mr. Gautam Adani from the Adani Group amongst others.
To attract major investment in Madhya Pradesh during Global Investors Summit, the state government made all efforts for participation of not just leading captains of the industry but also ambassadors and high commissioners of 28 countries including Poland, Belgium, Bangladesh, Bolivia, Sweden, Mexico, Canada, Czech Republic, South Africa, Malaysia and Australia. Besides leading Indian industries, six nations – Australia, Mexico, Canada, Czech Republic, Republic of South Africa and Quebec – also participated in the summit as partner countries.
The event proved to be high on intellectual discussions with over 38 sessions covering some innovative topics such as topics such as “PPP under Swiss challenge method”, “Smart and livable cities through TOD” and “Revolutionizing healthcare through IT intervention”. The event had the presence of eminent speakers such as Mr. Rajinder Gupta, Chairman, Trident Ltd; Ms Shikha Sharma, Managing Director & Chief Executive Officer, Axis Bank; Mr. Sasikumar Sundararajan, Partner – Advisory, Government and Public Sector, Ernst & Young LLP and Mr. Sumant Sinha, Managing Director, ReNew Power amogst others.
The Summit concluded with a bevy of central ministries and representatives of India Inc committing more investments in the state in the next few years, taking the total promised investments to Rs 6.79 lakh crore (about $100 billion). "The total worth Rs 6.79 lakh crore were either committed or announced during the three-day summit, which comprised both the private sector and state-run entities. The highest was from domestic companies," Chief Minister Shivraj Singh Chouhan told reporters.
"The summit was meant to brand Madhya Pradesh and not just to sign MoUs. We believe we have successfully managed to do that," Chouhan said. Chief Minister had earlier announced he would be presenting a report card of previous such events held in the state for the benefit of investors during the beginning of the summit.
He said the next summit will be held in Indore on October 19- 21, 2016.
For more information, please visit event website www.investmp.com.