How much investment did MP govt receive at the 'Tech Growth Conclave'?
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Synopsis
Discover how Madhya Pradesh is making waves in the tech sector with a staggering investment of Rs 15,896 crore at the Tech Growth Conclave 2.0. This event is set to create over 64,000 job opportunities, showcasing the state's commitment to becoming a hub for technology and innovation.
Key Takeaways
- Madhya Pradesh received investment proposals worth Rs 15,896 crore.
- 64,085 new jobs will be created from these investments.
- Plans for a knowledge and AI city in Bhopal are underway.
- Seven MoUs were signed to boost investments and job creation.
- The Drone Data Repository aims to promote advanced technology applications.
Indore, Nov 14 (NationPress) The government of Madhya Pradesh has secured investment proposals totaling Rs 15,896 crore during the 'Tech Growth Conclave 2.0' held in Indore, which is projected to generate 64,085 new job opportunities across the state.
On Thursday, Chief Minister Mohan Yadav announced that the Madhya Pradesh government is poised to embark on a significant advancement in the realm of space technology.
He revealed plans for a knowledge and AI city to be developed on 2,000 acres in Bhopal, designed as a modern high-tech and cyber city.
“World-class institutions, research centers, and start-ups will converge here, transforming Madhya Pradesh into India's AI hub,” stated CM Yadav during his address at the conclave at the Brilliant Convention Centre in Indore.
The Chief Minister also mentioned that for the 'Science City Project', the state aims to allocate 25 acres of land to facilitate science, innovation, and technological research.
CM Yadav emphasized that the 'Tech Growth Conclave' represents a pivotal moment in establishing the state as a leader on India's emerging technology map.
“With its progressive policies, robust infrastructure, investor-friendly climate, and skilled workforce, Madhya Pradesh has become a magnet for global investors,” he added.
During the event, the Chief Minister granted letters of intent for land allotment to nine companies, aimed at fostering investment and industrial growth.
“These initiatives will bring an investment of Rs 10.61 crore and create approximately 740 new jobs,” he stated.
Additionally, the state government signed seven MoUs with various industries to enhance investment and job creation.
These agreements are expected to generate around Rs 800 crore in investments and create 10,500 new jobs.
Later, Chief Minister Yadav inaugurated the 'Drone Data Repository', a project anticipated to encourage the use of drone technology in land management, urban planning, forest conservation, irrigation, and disaster management.
He also presented the draft of Madhya Pradesh's Space Tech Policy–2025, aimed at positioning the state as a leader in India's space technology economy.
This policy is set to open new pathways for research, investment, employment, and both economic and scientific progress.
Point of View
It's clear that the Madhya Pradesh government's proactive approach to attracting investment positions the state favorably in India's technology landscape. This conclave not only signifies economic growth but also showcases the potential for innovation and job creation, highlighting the state's commitment to becoming a leader in emerging technologies.
NationPress
14/11/2025
Frequently Asked Questions
What is the total investment received during the conclave?
The Madhya Pradesh government received a total investment of Rs 15,896 crore during the Tech Growth Conclave 2.0.
How many jobs will be created from this investment?
The investments are projected to create approximately 64,085 new job opportunities in Madhya Pradesh.
What is the focus of the new AI city in Bhopal?
The AI city in Bhopal will be developed on 2,000 acres and will serve as a hub for world-class institutions, research centers, and start-ups.
What are the expected benefits of the Drone Data Repository?
The Drone Data Repository is expected to enhance land management, urban planning, and disaster management through the use of drone technology.
What is the aim of Madhya Pradesh's Space Tech Policy–2025?
The Space Tech Policy–2025 aims to make Madhya Pradesh a leader in India's space technology economy by promoting research and investment.
