MP's GIS 2025 to play crucial role in achieving goal of Indi
MP's GIS 2025 to play crucial role in achieving goal of India as developed nation: Amit Shah
Union Home Minister Amit Shah said the Global Investors Summit organised by the Madhya Pradesh government will play a crucial role in accomplishing the dream of making India the third largest economy by 2027
Union Home Minister Amit Shah addresses a gathering
during the Global Investors Summit 2025, in Bhopal, Tuesday, Feb. 25, 2025.
(PTI Photo)
BHOPAL — Union Home Minister Amit Shah on Tuesday said the Global Investors
Summit (GIS) organised by the Madhya Pradesh government will play a crucial
role in accomplishing the dream of making India the third largest economy by
2027, and a developed nation by 2047.
He was speaking at the concluding session of the two-day
GIS here where Memorandums of Understanding (MoUs) worth Rs 30.77 lakh crore
were signed.
"Prime Minister Narendra Modi had set the target
before the youth and 130 crore people to make the country a developed nation by
2047 and make Bharat the third largest economy in the world by 2027. The
two-day summit, I believe, will play a crucial role in accomplishing this
mission," Shah said.
The first requisite for industrialists to invest and
expand their business is a stable and powerful government, he said, adding that
Madhya Pradesh has such a government.
"MP has a robust infrastructure, excellent
eco-system, land, manpower, skilled workforce and other requisites," the
Union minister added.
The summit achieved local and global investment
dimensions, Shah further said, noting that representatives of 50 countries
participated in it.
MP has become an attractive destination for
industrialists, the Union minister further said, adding that it has a road
network of five lakh kilometres and six airports, among other things. It is
also the "cotton capital", he said.
"MP is the first state in the country to pass an
`ease of doing business bill'," Shah said.
In the last ten years, the Indian economy has jumped to
the fifth rank in the world from the tenth, and forex reserves, GDP and per
capita income have doubled, he said.
"With great confidence, I want to tell the people of
MP and India that we have laid a powerful foundation. In the next ten years
many records will be created on this foundation," he said, assuring
investors of all help from the Centre and state.
Once MP was called a `Bimaru' (laggard) state which faced
power shortages and poor road and irrigation infrastructure, but now it is
buzzing with development activities, said Shah.
In his speech, Chief Minister Mohan Yadav said
investments worth Rs 30,77,000 crore were secured through Memorandums of
Understanding (MoUs) across various sectors during the GIS and in the run-up to
the event.
His government has introduced a single-window system for
granting fast approvals to proposals for setting up industries, and decided to
observe 2025 as the year of "Industries and Employment," he said.
The summit was inaugurated by Prime Minister Narendra
Modi on Monday.
