Indore : The preparations for the forthcoming Global Investors’ Summit on October 8, 9 and 10, 2014 is in final stages. Most of the distinguished guests and dignitaries have confirmed their participation in the summit. Prime Minister Narendra Modi will also attend the summit and his policy and views on industrial development will be the key to summit success.
This was revealed by SK Mishra, Commissioner (Public Relations) while addressing the media at Indore Press Club on Wednesday.
Mishra said that the state government would primarily focus on fertilisers, petrochemicals and IT. Other sectors will also be given priority, he added.
Mishra further said that 450 km gas pipeline is passing through Malwa and Jabalpur region of the state. At the time of laying the pipeline, the state government did not make any conditions, but now a proposal has been sent to the Union government for allocating natural gas supply from these pipelines.
Natural gas is a major input for fertilisers and petrochemicals, both which involve huge investments and generate jobs.
Mishra went on to say that Chief Minister Shivraj Singh Chouhan will raise long-pending demands of the state before Prime Minister Narednra Modi’s visit to the city during the summit. These demands include funding major projects of infrastructure as well as policy support.
Mishra said that the state government is also focused on developing skilled labour force within the state and for this purpose the government has allowed private sector to establish ITIs. The government will provide five acre land as well as incentives for five years for this purpose.
He said that though Symbiosis is primarily known for creating educated management workforce, it will also create skilled labour force in its university to be set up in the city. The institution will also train the existing workforce keeping in mind the technological developments in recent years.
The summit is likely to be attended by heads of Reliance, Tata, Godrej, ITC, Adani Group, JK Tyre, Essar, Apollo Hospitals, Jaypee, Volvo, Hero Motocrop, Axis Bank, Essel, Rio Tinto Diamonds, and Google to name a few. Similarly representatives from Australia, Canada, Malaysia, Czech Republic, Mexico, South Africa, Peru, Netherlands and Spain have also confirmed attendance for the summit.
The summit will have little over 30 Sectoral sessions as suggested by industry representatives, trade organisations and international participants. Unlike in past, Expression of Interests (EoI) will be signed by the industries instead of usual Memorandum of Understandings (MoU).
Areas of focus
The areas of focus during the summit are Agriculture. It may be recalled here that the state has achieved a distinction in agriculture production nationwide, food processing, auto, engineering, defence, healthcare, IT and ITeS, pharmaceuticals, renewable energy, skill development, textiles and handicrafts, tourism and urban development along with Fertilisers and petrochemicals.
The state has 20000 hectare land and has adequate power, water and good roads along with other factors such as housing, schools and hospitals etc for industries to prosper. The state has 19 Growth Centres, six Food Parks, seven Small and Medium Industries Area, two Stone Parks, three SEZs, two Readymade Apparels Parks, and one Electronic Complex.