‘Policy of giving best facilities to investors in offing’
   Date :23-Nov-2022

facilities to investors 
 
 
 
Staff Reporter
Chief Minister Shivraj Singh Chouhan has said that the policy of providing best facilities to investors in Madhya Pradesh is in the offing. Full co-operation will be given to the investors in the State. With the increase in investment, the youth will get employment opportunities. Atmanirbhar Madhya Pradesh and Atmanirbhar Bharat will take shape. Chief Minister Chouhan said this during a meeting with industrialists at his residence the other day.
The CM invited investors to participate in Global Investors Summit to be held in Indore. Micro, Small and Medium Enterprises Minister Om Prakash Saklecha and Principal Secretary to Chief Minister Manish Rastogi were also present during the meeting.
During a discussion with Chief Minister Chouhan, the promoter of M/s HEG Ltd. Mandideep, Riju Jhunjhunwala said that Madhya Pradesh has the best environment to work in the field of industrial investment. The unit of his company will make a new investment of Rs 1,800 crore in the State for the manufacture of graphite anodes. Rs 800 crore will be invested in the first phase and Rs 1,000 crore in the second phase under this project in Sirsauda village, Sonkachh tehsil in Dewas district whose annual production capacity will be 20,000 metric tonnes. The first phase will start production by January 1, 2025, and will be completed by January 1, 2028. About 400 people will get employment in this. Manoj Agarwal, CEO of M/s Alum Solar, New Delhi, informed that the company will invest US$ 1500 million in two phases. The plant set up on 500 acres will produce 400 MW of electricity and 15,000 to 20,000 people will get employment.
Director of M/s Ramneek Power & Alloys Pvt. Ltd. Balaghat, Nischal Trivedi said that the company has proposed an investment of Rs 168 crore in Sarandi village, Baraseoni tehsil, Balaghat district, which will provide employment to hundreds of people. Silico alloys will be produced in this.
M/s Burhanpur Textiles Ltd. Mentor Om Prakash Mittal told that his company has proposed an investment of Rs 297.86 crores in Fatepur village, district Burhanpur for production of yarn, twisted yarn, grey-fabric, RFD fabric, saree dhoti/job work, pellets. This will provide employment to 1100 persons.
Among those who met Chouhan were Akash Agarwal Vice President M/s Alum Solar New Delhi, Project Director Ankur Khaitan and Manish Gulati ED of M/s HEG Ltd. Mandideep, Harsh Trivedi Director of M/s Ramneek Power & Paloy Pvt. Ltd. Balaghat, Ravi Poddar Director of M/s Burhanpur Textiles Ltd. and Company Secretary Vedant Mittal and others.