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Textile, Tourism, Technology: PM Modi’s mantra for development

Prime Minister Narendra Modi inaugurated the Global Investors Summit (GIS) in Bhopal on Monday, urging investors to explore the abundant opportunities in Madhya Pradesh. Highlighting the state’s industrial, infrastructural, and entrepreneurial potential, PM Modi described it as the ideal time to invest in the region. PM Modi also unveiled 18 transformative policies, propelling Madhya Pradesh towards unprecedented growth and development. Chief Minister dr Mohan Yadav was also present on the occasion.

Addressing a gathering of business leaders, policymakers, and global investors, PM Modi said, “The Global Investors Summit in Madhya Pradesh is a commendable initiative. It serves as a vital platform to showcase the state’s immense potential in industry, innovation, and infrastructure. By attracting global investors, it is paving the way for economic growth and job creation. Happy to see Madhya Pradesh emerge as a key hub for business and entrepreneurship.” PM Modi underscored the pivotal role of the textile, tourism, and technology sectors in India’s economic growth. He noted that India is a leading global producer of cotton, silk, and viscose, with Madhya Pradesh playing a crucial role in this success. 

Reflecting on the state’s remarkable transformation over the past two decades, PM Modi said that Madhya Pradesh has evolved from a struggling Bimaru state into a dynamic economic powerhouse. He credited advancements in infrastructure and energy as key factors driving this progress. With a power generation capacity of 31,000 MW—40% of which comes from clean energy sources—Madhya Pradesh is at the forefront of India’s energy revolution. The Rewa Solar Park, the largest solar park in the country, stands as a testament to the state’s leadership in renewable energy.

CM Yadav said with the Global Investors Summit being held in Bhopal, MP will make its identity as a major global investment destination. The government is committed to double MP's economy in the next five years and the state has decided to observe 2025 as the year of industries and employment, as part of the commitment to make India a developed nation by 2047, he said.

 

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