PM Narendra Modi to inaugurate MP Investors Summit on Oct 9

Prime Minister Narendra Modi will on October 9 inaugurate Madhya Pradesh Global Investors Summit, aimed at showcasing state as major investment destination for overseas and domestic industrialists.

"I am happy to inform you that Prime Minister Narendra Modi has agreed to inaugurate Global Investors Summit on October 9 in Indore," Madhya Pradesh Chief Minister Shivraj Singh Chouhan told reporters here today.

The three-day summit is scheduled to start from October 8. "The first day of the summit will focus on Micro Small and Medium Enterprises (MSME) through a national convention. There will discussion and presentation to project growth prospects in the MSME sector. It will be inaugurated by Kalraj Mishra, Union Minister for MSME. The inauguration of summit will be on October 9 by the Prime Minister," Chouhan said.

He said the sectors like education, health, textile, automobiles and food processing will be focus of the summit.

"We want to project Madhya Pradesh as major investment destination for global and domestic industrialists. We have 24 x 7 electricity. Law and order situation is good in the state. Despite being a land locked state, we are fast emerging preferred investment destination due to our pro-industry policies," Chouhan said.

Madhya Pradesh shares its boundary with Gujarat, Maharashtra, Telangana, Chhattisgarh, Uttar Pradesh and Rajasthan.

"There was a policy paralysis in the country during the UPA regime. But with Prime Minister Narendra Modi at the helm of affairs at the Centre, there is a positive atmosphere in the country. He favours investment in the country. Madhya Pradesh will surely gain from his attitude," the Chief Minister of BJP ruled state said.

Chouhan said there has been a huge investment of Rs 1.25 lakh crore in the country in past years.

He said representatives from 20 countries and known industrialists from India and abroad will be participating in the summit.

"We will also present the report card of our earlier summit held in 2012 during this year's meet," the Chief Minister said.

Chouhan also met Union Finance Minister Arun Jaitley and Union External Affairs Minister Sushma Swaraj during the day. "I requested both of them to attend the summit. But they have important engagements outside the country," he said.