Bhopal, Nov 17 (NationPress) In a remarkable effort to accelerate the economic growth of Madhya Pradesh, Chief Minister Mohan Yadav instructed officials to prepare for significant collective groundbreaking ceremonies for industrial ventures valued at Rs 2.5 lakh crore by the end of November. This move signifies a decisive transition from mere investment promises to tangible execution, as stated by the government.

This directive was issued during an extensive review meeting at the Mantralaya (Secretariat), just weeks ahead of the BJP-led state government's two-year anniversary in December, highlighting the commitment to rapid industrialization during the “Year of Industry and Employment”.

During the meeting, Chief Minister Yadav reviewed progress from the influential Global Investors Summit (GIS)-2025, which took place in Bhopal from February 24-25, 2025. He noted the summit’s success in acquiring Rs 30.77 lakh crore in investment proposals, exceeding initial expectations of Rs 26.61 lakh crore from MoUs (memorandums of understanding) with industry leaders and public sector undertakings such as NTPC.

"These proposals are set to transform our industrial and infrastructural framework, driving Madhya Pradesh towards rapid advancement," asserted CM Yadav, who was accompanied by Additional Chief Secretaries Neeraj Mandloi, Manu Srivastava, Sanjay Dubey, and Shivshekhar Shukla, as well as Principal Secretaries Sandeep Yadav and Manish Singh.

According to the Principal Secretary for Industrial Policy and Investment Promotion, Raghavendra Kumar Singh, the groundwork is already in progress for proposals totaling over Rs 8.57 lakh crore.

The Industry Department has received a total of 889 proposals worth Rs 12.70 lakh crore, with land allocated and Letters of Intent (LoIs) issued for 397 of those.

Investors have conducted site assessments for 190 projects valued at over Rs 5.13 lakh crore, while discussions remain ongoing with 302 firms.

Importantly, the land acquisition and application procedures are finalized for Rs 2.48 lakh crore in investments, expected to create over 2.85 lakh direct jobs, spanning factory operations to ancillary services.

CM Yadav's strategy underscores the importance of deadlines and collaboration, stating: "Establish timelines for each critical project, prioritize them, and ensure smooth coordination across all departments."

He emphasized the necessity of ongoing support for investors to resolve challenges, cultivating a “safe, transparent, industry-friendly ecosystem” that enhances employment and GDP.

The meeting also emphasized growth in several sectors, including renewable energy, mining, thermal power, and the biofuel industry, which is anticipated to create 17.3 lakh jobs overall, as mentioned in the statement.

Biotech has emerged as a favored sector for CM Yadav: "This industry has enormous potential; let’s pursue it vigorously." He instructed that invitations be sent to biotech leaders for the forthcoming Investor Dialogue in Hyderabad, aiming to attract investments into Madhya Pradesh's expanding research and development hubs.

Regarding tourism, now recognized as a national “brand”, CM Yadav recommended granting full industry status to unlock subsidy benefits for large-scale projects in hospitality and film tourism, building on proposals amounting to Rs 4,468 crore.

To highlight success stories, CM Yadav urged state- and division-level conferences by year-end to celebrate 7.85 lakh jobs generated through incentive programs.

"Broadcast these successes widely—let society hear the stories of self-reliance and dignity," he urged, foreseeing a positive ripple effect on MSMEs and skill development.

As the “double-engine” NDA government aims for a $2.1 trillion GSDP by 2047, CM Yadav's November initiative is not merely ceremonial—it's a driving force for sustainable growth, transforming summit enthusiasm into real factories, jobs, and fulfilled aspirations.