Will invest Rs 50,000cr in MP in next 6 months: Anil Ambani

Praises Chauhan’s ‘progressive leadership’

BHOPAL: Chief Minister Shivraj Singh Chauhan has said that the state government was committed to further accelerating the pace of development by inviting industrial investment to the state. For this, the state government is ensuring every possible effort for transparency and good governance.

Will invest Rs 50,000cr in MP in next 6 months: Anil Ambani

Chauhan was holding discussions with Reliance industrial group’s Chairman Anil Ambani here on Friday.The Chief Minister said that apart from strong industrial infrastructure and result- oriented administrative set up, full attention is being paid to ensure completion of various industrial projects within time limit.

Ambani informed the Chief Minister that Madhya Pradesh was the only state where his company was investing Rs. 45,000 crore in a particular sector. He said that his company will invest over Rs. 50,000 crore in the state in next 6 months. Describing Chief Minister’s progressive leadership as helpful for industrial growth, Ambani said that Rs. 30,000 crore investment will be made in Sasan project in the next 6 months. He said that present investment in energy sector in Madhya Pradesh will increase power generation capacity in the state in future.

This will not only strengthen state’s economy, but will also increase availability of power in Madhya Pradesh. Of this, Rs. 4,000 crore will be invested in coalmines. Besides, Rs. 15,000 crore additional investment will also be made.

He informed that Rs. 2000 crore will be invested in Chitrangi project. He informed that 5 million tonne capacity cement factory will be established at Maihar. Three times more investment will be made in this sector. Ambani said that healthy partnership with government is necessary for industrial development. Industries need political stability, transparency and good governance and Madhya Pradesh is most suitable from these points of view. Chief Secretary Anthony de Sa, Principal Secretary Industries PK Dash, Principal Secretary to CM Manoj Shrivastava, Principal Secretary SK Mishra and Principal Secretary Energy Mohammad Sulaiman were present on the occasion.

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