Regional Industry Conclave to attract Rs 32,520 cr in investments: MP CM

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Regional Industry Conclave to attract Rs 32,520 cr in investments: MP CM - Business Standard

Quick Summary:

The Regional Industry Conclave (RIC) held in Madhya Pradesh's Shahdol division on Thursday attracted investment proposals worth more than Rs 32,500 crore which have potential to generate employment for over 30,000 people, Chief Minister Mohan Yadav said.

"During the event, we have received investment proposals from large, MSME (micro, small, medium enterprises) and other sectors worth Rs 32,520 crore which will generate employment for more than 30,000 people," Yadav told reporters after the conclave.

One of the major investment proposals came from Torrent Power and it was worth Rs 18,000 crore which is expected to generate job opportunities for nearly 7,000 people, an official said.