Historic investment commitments amounting to Rs 56,414 crore were signed by the Madhya Pradesh Government with different industries at ‘Katni Mining Conclave 2-0’, on Saturday. The key Memorandums of Understanding were signed for on coal and energy, hydrocarbons, technological advancements, critical minerals, limestone and cement. The event witnessed participation from over 2,000 delegates, including prominent investors and industrialists from across India and abroad. Chief Minister Dr. Mohan Yadav has announced that Madhya Pradesh received investment proposals worth Rs 55,414 crore during the Katni Mining Conclave 2.0, underlining the state’s growing reputation as a key hub for mining and mineral-based industries.

 

Addressing industry leaders and prospective investors, Dr. Yadav said, “Madhya Pradesh has never lagged behind in mineral resources. With new opportunities emerging, we are moving rapidly to develop the state as India’s leading mining state. Now is the right time to invest in Madhya Pradesh. Dream big, set up industries, and the government will extend full support to realize those dreams.” The CM highlighted that the conclave was highly successful in exploring new opportunities in mining and mineral exploration. Proposals came from eight mining companies, reflecting the strong interest of industrialists from across the country.

 

Dr Yadav informed that three significant MoUs were signed at the conclave including with Coal India Limited for exploration, processing and value addition of critical minerals, with Texmin-ISM Dhanbad for deploying technologies like Artificial Intelligence, IoT, Blockchain and Remote Sensing in the mining sector. With the Indian Institute of Science Education and Research (IISER), Bhopal for mineral exploration research. “These MoUs will take Madhya Pradesh’s mining sector to new heights,” the Chief Minister said. Invoking Indian cultural values, Dr Yadav said, “Our tradition is about sustainable use, not exploitation.

 

The philosophy of ‘live and let live’ guides us. Just like farmers and soldiers contribute to the nation’s progress, industrialists too play a vital role by creating employment opportunities.” He added that the state has abundant land banks, electricity, and water resources to support industries. Air cargo facilities and two upcoming metropolitan cities will further boost infrastructure. The CM informed that apart from major and minor minerals, the state is now identifying critical minerals as well. “If Panna has diamonds, then Katni may well yield gold,” he said, emphasizing the untapped potential. He also announced that sector-based conclaves are being organized after regional ones.

 

The upcoming events include a Spiritual Conclave in Ujjain August 27, and a Tourism Conclave in Gwalior August 31. Dr Yadav shared that on August 25, Katni will receive major announcements, including MoUs for four new medical colleges. Under the PPP model, hospitals will be linked with medical colleges, with the government offering 25 acres of land for just Rs 1. Highlighting pro-industry reforms, the CM informed that the number of approvals required for doing business has been reduced from 29 to just 10. Labour laws have been amended to allow women to work night shifts.

 

The state’s policies are now being adopted as models by other states. Concluding his address, Dr Yadav said, “Under the visionary leadership of Prime Minister Narendra Modi, we will make Madhya Pradesh the number one state in the country. By 2047, when India becomes a developed nation, our state will also witness transformative changes. To live with humanity is what we call Ram Rajya.” Key Highlights of the Conclave: Hindustan Copper Limited Chairman, Sanjeev Kumar Singh, emphasized that copper is an eternal metal with deep roots in Indian history. Out of India’s 12 million-tonne production capacity, 5 tonnes will come from the Malanjkhand mines. He also noted that the company has donated 32 tonnes of copper for the construction of the Ram Temple.

 

With the support of the Madhya Pradesh government, Singh expressed confidence that the state will emerge as a leader in copper production. Kaushik Bose, MD of Mineware Advisor, said his company specializes in mechanized mining and announced a proposed investment of ?450 crore in the state. He thanked the Madhya Pradesh government for its industry-friendly policies. CM Dr Yadav also held virtual interactions with Rajiv Mundra (Kolkata), JP Agarwal (Sri Lanka), Vivek Bhatia (Delhi), V. Sairam (Kochi), and Thomas Cherian (Hyderabad), who shared their investment plans and experiences in the state. Investors praised the government’s proactive approach, stating that in Madhya Pradesh they were able to establish units within 12 to 18 months, something unmatched in other states.