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At the Global Investors Summit (GIS) 2025 held in Bhopal addressed by Chief Minister Mohan Yadav in the presence of our honourable Prime Minister Narendra Modi, the CM stated that their government plans to double the state’s economy in the next 5 years. Madhya Pradesh aims to achieve a Gross State Domestic Product (GSDP) of US $ 2.1 trillion (₹248.6 lakh crore) by 2047-48, according to a report by Confederation of Indian Industry (CII) titled ‘A Visioning Madhya Pradesh Economy@2047.
With the promise of bringing 18 new policies, the state is set to attract new investments. The summit itself garnered a total of Rs.26.61 lakh crore in investment proposals with a potential to generate 17.34 lakh jobs across various sectors.
These policies have been introduced in an effort to understand the requirements in the industry sector and combine it with development of the state.
With PM’s mantra of Sabka Saath, Sabka Vikas, Sabka Vishwas and Sabka Prayas the nation is set to achieve the target of 35 trillion dollars by 2047.
Opportunities for Development and Investment in Madhya Pradesh
The MP government has passed Jan Vishwas Adhiniyam, which tries to improve the single-window system and bring transparency to it.
Several leading industrialists from the country are also participated in the summit. Notable business leaders that attended include Kumar Mangalam Birla, Chairman of Aditya Birla Group; Gautam Adani, Chairman of AdGroup; Nadir Godrej, Chairman and MD of Godrej Industries Limited; Piruz Khambatta, Group Chairman of Rasna Private Limited; Baba N Kalyani, Chairman and MD of Bharat Forge Limited; Rahul Awasthi, Global Head of Operations at Sun Pharmaceuticals Limited; and Neeraj Akhoury, CEO of ACC Limited
2025 has been designated as the “Year of Industry” in Madhya Pradesh highlighting the state’s mission to drive industrial expansion and generate employment.
The Department of Industrial Policy successfully secured proposals valued at Rs.8.616 lakh crore. The industrial setups that will be established across sector lines will approximately create around 6,00,000 new jobs with the State.
Renewable Energy Sector
The Energy and Renewable Energy Sector in the State has attracted investments of Rs.5.72 lakh crore across solar, wind power and biofuel etc. This will create around 140,000 new jobs.
Memorandums of Understanding (MOUs) exceeding about Rs.2 lakh crore with corporations like Reliance Industries Limited, Avaada Energy Private Limited and Torrent Power Limited were also signed.
The State has decided to make renewable energy a priority and is aiming at sourcing half of its electricity from sustainable sources in the years to come.
Mineral Sources
Madhya Pradesh is a land known to be rich in mineral resources including diamonds, coal, limestone, dolomite, cement, copper, and manganese. The state is also known to being the only diamond producing state in India.
This offers numerous investment opportunities in the mining industry. In an effort to increase the mineral revenue five-fold, the mining and mineral resources department has secured investment proposals of up to Rs. 3.22 lakh crore creating around 55,000 jobs.
Tourism
Strategically located, the state is known for its natural beauty and wildlife. By 2047, the tourism sector’s contribution to India’s Gross Domestic Product (GDP) is expected to exceed the 10% mark.
At the GIS 2025, Madhya Pradesh unveiled policies that could position the state as a premier tourist destination for both domestic and international travellers, banking on its rich natural beauty and wildlife reserves.
Investments of up to Rs. 4,468 crore was secured by the tourism and hospitality department for projects like cruise tourism, hotel and resort construction, water parks and golf courses.
Agriculture, Horticulture and Food Processing
The agriculture, horticulture and food processing departments garnered investments of around Rs.4000 crore.
Union Agriculture Minister Shivraj Singh Chauhan also highlighted that the state is the first in India to boast a land bank of one lakh hectares coupled with the right infrastructure and investment. India is leading in the production of tomato, pea, onion, garlic, chilli, wheat, and rice under horticultural crops. Due to abundant production of Agri-horticultural produce, the farmer is not able to get the full price of the crop. Therefore, it is necessary to promote food processing in the state,” he said.
There are plans by the government to expand the total land area under horticulture crops from 27 lakh to 32 lakh hectares within 5 years increasing the production from 400 lakh to 500 lakh metric tonnes.
Urban Development and Housing
Among the others, another important sector that attracted significant investments was the urban development and housing sector bagging around Rs.1.97 lakh crore rupees to create approximately 230,000 jobs.
Other Sectors
Science and technology attracted investments of ₹78,000 crore; and Micro, Small, and Medium Enterprises (MSMEs), have been proposed investments of ₹21,000 crore. The Adani Group announced a substantial investment of ₹2.10 lakh crore, anticipated to generate 100,000 jobs.
The investments align with the findings of the CII report, which highlighted key strategic actions to unlock Madhya Pradesh’s full economic potential. These include boosting infrastructure development, enhancing the availability of a skilled workforce, improving the ease of doing business, increasing exports, supporting a green transition, and fostering technological adoption. Significant investment proposals have emerged in each of these areas.
The summit emphasized Madhya Pradesh’s potential to become a major industrial hub, backed by its strategic location, strong infrastructure, and favourable business environment. With a focus on sectors like renewable energy, manufacturing, and tourism, the state is positioned to play a vital role in India’s economic growth.
