Page 20 - Investment

From Bimaru state to investment powerhouse: Madhya Pradesh turns the scale

Once considered a BIMARU state, Madhya Pradesh has pivoted into a key destination for investment as its single-minded focus on infrastructure creation together with investor friendly policies and ease of doing business draws domestic and international firms, Chief Minister Mohan Yadav said. The state offers significant advantages to investors, with affordable land prices, consistent electricity supply, strong connectivity through roads, railways and airways and an investor friendly industrial policy that includes tax incentives, land subsidies, and rebates. Ahead of the state's Global Investors Summit (GIS) 2025 to be held in Bhopal on February 24-25, Yadav spoke about Madhya Pradesh's immense potential as an investment destination. He highlighted that the state had been working on the summit for almost a year, focusing on building the right infrastructure, improving policies, and engaging with stakeholders. He emphasized that this summit would be different from the past ones becaus

Global Capability Centres policy to bring new investment: MP CM Yadav

Madhya Pradesh Chief Minister Mohan Yadav has stated that the state's new Global Capability Centre (GCC) Policy 2025 is a significant step towards attracting multinational companies and establishing Madhya Pradesh as a digital and technological hub. This policy will prove to be a milestone in accelerating Prime Minister Narendra Modi's vision of Atmanirbhar Bharat and Digital India, he said. The Global Investors Summit-2025, to be held in Bhopal, will provide the largest platform to present this policy at the global level. Prime Minister Narendra Modi will inaugurate the summit on February 24, which will further strengthen the investment landscape of Madhya Pradesh. At the summit, the Chief Minister will present this policy to investors, entrepreneurs, and policymakers from around the world, aiming to elevate the state to new heights in the GCC sector. This summit is expected to bring in a large number of investment proposals for GCCs, transforming the state's economic ...

Travel advisory against Assam by foreign govts a hurdle to investment: CM

Assam Chief Minister Himanta Biswa Sarma on Saturday said that travel advisory against the northeastern region by several countries is a major challenge in attracting investments, even as the state gears up for a mega business summit here later this month. Sarma said he has requested the countries to view Assam in isolation and not club all the North Eastern states together. He said talks are already underway with Japan, Australia and other nations to persuade them to withdraw the adverse advisory as the local government is pushing for viewing Assam "in isolation" from the other states of the region. Addressing a press conference in the run-up to Advantage Assam 2.0 Investment and Infrastructure Summit', Sarma said, Most embassies have marked Assam in grey' and have a statutory warning for its citizens against visiting Assam, as the state is clubbed together as North East'. Removing these advisories is topmost priority for us. He said countries like Japan and Australia are being ..

Invest Karnataka 2025 wraps up with Rs 10.27 trillion commitment

Nearly 75 per cent of these investments are outside the Bengaluru district, with more than 45 per cent concentrated in North Karnataka

Gold scaling new peaks: Book profit if weight in portfolio exceeds 15%

Geopolitical tensions and fears of trade wars due to anticipated US tariff announcements are the key drivers of gold prices

Tech disrupting traditional industries, say leaders at Invest Karnataka

As digital solutions and automation continue to evolve, traditional businesses facing both opportunities and challenges, said top young industry leaders and entrepreneurs at Invest Karnataka summit

Avaada Group to invest Rs 50,000 crore in Madhya Pradesh: Chairman

He said that this investment will be made in the fields of solar energy, wind energy, pumped storage, and battery storage

'Capital-starved real estate offers significant investment opportunities'

Housing accounts for the largest share of the overall real estate

SIG to invest Rs 360 crore on 2nd phase of plant expansion in India

Global packaging solutions provider SIG will invest 40 million euros (around Rs 360 crore) in the second phase to increase capacity of its plant in India, a "key growth market" for the Swiss multinational, a top company official said. With the new tranche of fund infusion, the total investment of SIG at the Ahmedabad-based plant will increase to 130 million euros (around Rs 1,168 crore), including the 90 million euros of investments during the first phase. "Phase II has been activated now, the board has already approved 40 million euros. This confirms that we are in line with our mid-long term plan," SIG President & General Manager, India, Middle East and Africa, Abdelghany Eladib told PTI. Work on the second phase would be completed in the next three years by 2027, he added. Phase I of SIG, a global player in aseptic packaging and filling solutions, has been completed in just 20 months. Its current production capacity at Ahmedabad is 4 billion packs per annum, and with subsequent

Jindal, Mahindra groups propose Rs 1.4 trillion investment in Karnataka

The three-day Invest Karnataka summit aims to secure investments worth Rs 10 lakh crore

Mahindra Group plans Rs 40K cr investment in Karnataka over next few years

Mahindra Holidays already operates several resorts in Karnataka and is evaluating further expansion into areas like Gokarna and Hampi

Review of Chinese investment ban in India unlikely anytime soon, says CEA

A review of the nearly five-year old restrictions on Chinese investments into India is unlikely in the near future, a senior official said on Tuesday. Chief Economic Advisor V Anantha Nageswaran said both countries have to understand the importance of mutual dependence and mutual benefits. "I don't think it is something you would expect to see immediate results because both sides are crossing the river by feeling the stones, so to speak," Nageswaran said, replying to a specific question on whether any changes are afoot. It can be noted that following violent clashes between Indian and Chinese soldiers in Galwan valley in 2020, the Indian government introduced measures restricting investments from countries sharing a land border with India that was taken to be an attempt to restrict Chinese play. Speaking at the IVCA event here, Nageswaran did acknowledge that both countries have been engaged in a conversation on the trade imbalances, probably drawing from the parleys on various iss

OYO to invest $10 million in US-based G6 Hospitality's digital assets

Travel tech unicorn OYO on Tuesday announced its plans to invest USD 10 million to grow the digital assets of US-based G6 Hospitality, including its website and app. OYO recently acquired iconic American budget hotel chain Motel 6 and Studio 6 brands from Blackstone Real Estate for USD 525 million in an all-cash transaction, as it eyes expansion in the US. The company plans to accelerate G6 Hospitality's growth, targeting the addition of over 150 hotels in 2025 under the Motel 6 and Studio 6 brands. This expansion is expected to strengthen the brands' presence in key markets such as Texas, California, Georgia and Arizona. "The company plans to focus on growing the Motel 6 website and the My6 app. It aims to increase app installs by 4X before the summer season kicks in and will also use advanced digital targeting strategies, focusing on high-intent customers through direct partnerships with leading digital platforms like Google and Microsoft," OYO said in a statement. The investme

India, Israel to discuss ways to promote trade, investments in Feb 11 meet

Top business leaders, policymakers, and industry stakeholders from India and Israel will meet here on Tuesday to discuss ways to further promote trade and investments between the two countries, an official statement said on Monday. They will explore new avenues of economic cooperation, technological collaboration, and investment opportunities, the commerce and industry ministry said. It said that the India-Israel Business Forum meeting will focus on expanding trade relationships, fostering cross-sector collaborations, and identifying investment opportunities. A high-level Israeli business delegation, led by Israeli Minister of Economy and Industry Nir M Barkat will participate in the forum. The delegation includes Israeli enterprises and representatives from sectors such as technology, manufacturing, healthcare, agri-tech, food processing, defense, homeland security, water management, logistics, and retail. There is also a meeting of the India-Israel CEO Forum. "These forums will

Four listed REITs distribute Rs 1,505 crore to unitholders in Q3

The distributions rose by nearly 17 per cent from Rs 1,289 crore distributed in Q3 FY24

Uttar Pradesh to invest Rs 50,000 crore on seven new expressway projects

Combined length of these seven expressways is 866 km; to connect about 30 districts to the vast expressway network in the state

Bengal receives investment proposals worth Rs 4.4 trn: CM Mamata Banerjee

Banerjee said investment proposals worth Rs 4,40,595 crore had been received. "I am extremely happy," she said

Invest in ELSS if you have risk appetite with investment horizon of 7 years

Consult a tax professional to determine which regime is beneficial for you after this year's changes to tax slabs and rates

Bengal Business Global Summit: Industrialists announce investment plans

West Bengal Chief Minister Mamata Banerjee wooed investors to the "smartest" and "safest" state with promises galore. The investors, too, did not disappoint

Ambuja Neotia Group commits over Rs 15,000 cr in WB over next 5 years

Ambuja Neotia Group, a leading business conglomerate in East India, announced an investment of over Rs 15,000 crore in West Bengal over the next five years. The investments will span healthcare, hospitality, tourism, residential and commercial real estate, and a golf-themed township, group chairman Harshavardhan Neotia said while speaking at the 8th Bengal Global Business Summit inauguration here on Wednesday. Neotia expressed gratitude to the state government for fostering a "business-friendly environment." He highlighted West Bengal's strategic advantages, including its "skilled workforce, growing infrastructure, and proximity to Asian markets." He also acknowledged the "proactive governance and support from Chief Minister Mamata Banerjee." Neotia said, "The group will invest Rs 1,500 crore in healthcare, setting up five new hospitals across the state, adding 1,300 beds." In hospitality and tourism, "Rs 2,700 crore will be invested to develop a luxury hospitality circuit with Ta