|
| MP govt to attract investors in agri-processing sector |
| Shashikant Trivedi / New Delhi/ Bhopal Nov 04, 2009, 00:20 IST |
|
Tardy and lengthy documentation process, costly power and under-developed infrastructure plague the state’s industrial scenario, but the Madhya Pradesh government will perform its ritual of attracting investment this year too, although the focus has now been shifted from core sectors to only agri-processing sector.
A platoon of officials, along with state industry minister Kailash Vijayavergiya, is on a trip to Australia, Japan and Singapore to learn how to attract investment in agri-business sector.
In association with IL&FS Infrastructure Development Corporation Limited (IIDC), the state industry department arm Trade and Facilitation Corporation (TRIFAC) will try to showcase its potential in agri-processing, though its earlier efforts through a programme ‘Destination Madhya Pradesh’ ended without any outcome.
Chief Minister Shirvraj Singh Chouhan has chosen three destinations this year, namely Delhi, Mumbai and Hyderabad to attract investors in agri-processing sector at home and abroad. An interactive session will be organised with Northern states in New Delhi on November 21 to woo prominent investors of the region. “There is a plan to celebrate Madhya Pradesh Day at the International Trade Fair in Delhi this year,” a senior government official said. Earlier the state industries department and IIDC also tried to cajole investors at Mumbai last August.
Another interactive series is planned with investors in Hyderabad on December 17 and another meet will be organised at New Delhi during the Pravasi Bharatiya Diwas. “State chief minister Shivraj Singh Chouhan will interact with the industrial heavyweights during both the meets. However, the prime agenda will be attracting investment in agri-processing sector,” the official added.
Lastly ‘Destination Madhya Pradesh 2009-10’ will culminate in a global investors’ meet in Indore on 18-19 March, 2010. Last year, a similar effort had been made in Indore in association with Federation of Indian Chambers of Commerce and Industry. The state government had organised investors’ meet at different locations but only Rs 2,000 crore investment took shape out of Rs 2.80 lakh crore proposals.
|
|
|
|
|
|
|
|
|
|
 Read Business news in |  |
|
|
|
|
|
|
Advertisements |
|
|
|
|
|
|
|
|
|
|
Content Guide
