CM Mohan Yadav holds one-on-one with Medulla Soft CEO at MP Urban Growth Conclave 2.0

Key Takeaways

Mohan Yadav met Medulla Soft Founder and CEO Shantanu Sharma one-on-one at the MP Urban Growth Conclave 2.0 in Indore .

The meeting on October 28, 2026 focused on investment possibilities in Madhya Pradesh .

The conclave is organised by the Madhya Pradesh Urban Development Department .

Indore , the state's largest city, hosted the event as MP's primary commercial and investment hub.

Yadav has been Chief Minister since December 2023 , with economic development as a core focus of his tenure.

Specific investment outcomes or MoUs from the meeting have not yet been officially announced.

Investment conversations are moving off the stage and into private rooms. Chief Minister Dr. Mohan Yadav sat down for a focused one-on-one discussion with Medulla Soft Founder and CEO Shantanu Sharma on the sidelines of the Madhya Pradesh Urban Growth Conclave 2.0, held in Indore on Wednesday, October 28, 2026 — a signal that the state is courting technology firms with direct, high-level engagement.

The Chief Minister's Office of Madhya Pradesh shared the update on X, noting a bilateral conversation centred on 'mध्यप्रदेश में निवेश की संभावनाओं पर संवाद' — 'dialogue on investment possibilities in Madhya Pradesh.' The meeting between Dr. Yadav and Sharma marks exactly the kind of founder-to-government interaction that state urban development conclaves are designed to generate.

Indore as the stage for MP's urban investment pitch

Indore, Madhya Pradesh's largest city and its commercial nerve centre, was the natural host for this edition of the conclave. The city has consistently anchored the state's pitch to private capital — whether in manufacturing, logistics, or increasingly, urban technology. Organised under the state's urban development department, the MP Urban Growth Conclave 2.0 brought together investors, technology companies, and policymakers to map out the next phase of urban infrastructure growth across the state. Direct one-on-one meetings between a sitting Chief Minister and company founders are a deliberate fixture of such events — they compress weeks of bureaucratic engagement into a single, high-stakes conversation. Dr. Yadav, who assumed office in December 2023, has made economic development and investor outreach a central pillar of his administration.

What Medulla Soft brings to the table

The spotlight on Medulla Soft and its CEO Shantanu Sharma points to the state's interest in technology-led urban solutions, though the specific projects or proposals discussed at the meeting have not been officially disclosed. Any investment commitments or memoranda of understanding that emerge from this interaction in the coming weeks will be the real measure of the conclave's output. State governments across India have sharply accelerated this model of sector-specific conclaves, using them to build a pipeline of investment intent before formal global investor summits. For Madhya Pradesh, the Urban Growth Conclave series is part of that longer-arc strategy — turning city-level urban demand into structured private-sector opportunity. The next question is whether the dialogue in Indore translates into an announcement on the ground.

Point of View

Which has been positioning Indore as a technology and urban infrastructure destination since at least the previous investor summit cycle, the Urban Growth Conclave 2.0 is a continuation of structured outreach rather than a standalone event. Yadav's direct engagement with a tech-firm founder signals that the state is deliberately broadening its investment pitch beyond heavy industry toward urban-tech platforms. Whether that intent crystallises into announced projects will determine how seriously the market reads this government's urban growth agenda.

NationPress

28 Oct 2026

Frequently Asked Questions

What is the MP Urban Growth Conclave 2.0?

The MP Urban Growth Conclave 2.0 is an investment and urban development event organised by the Madhya Pradesh Urban Development Department, held in Indore on October 28, 2026, to engage private firms on urban infrastructure and technology investments in the state.

Who is Shantanu Sharma of Medulla Soft?

Shantanu Sharma is the Founder and CEO of Medulla Soft, a technology company that held a one-on-one discussion with Chief Minister Dr. Mohan Yadav at the MP Urban Growth Conclave 2.0 in Indore regarding investment possibilities in Madhya Pradesh.

What did CM Mohan Yadav discuss at the Indore conclave?

Chief Minister Dr. Mohan Yadav discussed investment possibilities in Madhya Pradesh with Medulla Soft CEO Shantanu Sharma during a focused bilateral meeting at the MP Urban Growth Conclave 2.0. Specific project details have not been officially disclosed.

Why is Indore chosen for MP investor conclaves?

Indore is Madhya Pradesh's largest city and its primary commercial hub, making it the natural venue for investor-facing events. It has consistently served as the anchor city for the state's pitch to private and technology-sector capital.

When did Mohan Yadav become Chief Minister of Madhya Pradesh?

Dr. Mohan Yadav became Chief Minister of Madhya Pradesh in December 2023 . Economic development and investment promotion have been central themes of his administration.