Business   

M.P. attracts major investments

BHOPAL: Sixty-two MoUs for investments totalling over Rs. 88,000 crore were signed at the two-day Investors’ Meet, which concluded in Gwalior on Wednesday.

Addressing the concluding session, Chief Minister Shivraj Singh Chauhan said that with the cooperation of investors, the State Government would add a new chapter of development and prosperity.

Since the Global Investors’ Meet at Indore, MoUs for projects worth Rs. 2,75,000 crore have been signed, the Chief Minister said adding that this was a creditable achievement that leaves a clear message that Madhya Pradesh was no longer a backward State.

The State had woken up to a new dawn, he observed.

The Chief Minister chose this occasion to announce the setting up of an agricultural university and a music university in Gwalior.

On the second day of the meet, a total of 49 MoUs were signed for investment worth over Rs. 55,877 crore. On the first day, 13 MoUs worth Rs. 32,114 crore were signed. This takes the total to 62 MoUs worth Rs. 88,018 crore.

Printer friendly page  
Send this article to Friends by E-Mail

Stories in this Section

M&M buys major stake in Kinetic Motor Company
ITC eyeing IT space
Tata Motors’ net down 30%
Doha talks collapse: chambers express dismay
India Cements posts lower profit in Q1
M.P. attracts major investments
Sri City launches SEZ
IOC net dips 71 %
Markets stage recovery
Exchange Rates
Bullion Rates
Madras Cements’ turnover and profit up
Orchid achieves higher gross margins in Q1
City Union Bank Q1 net profit up 23 %
Hero Honda net up 44 p.c.
Bata India Q2 profit up 58 %
Monnet Ispat posts higher sales, profit
Cairn India Q1 net loss at Rs. 46.68 crore
Drop in Aurobindo Pharma’s Q1 net profit
Spencer’s to close down 10 p.c. of outlets
Gold crashes to one-month low
Schaeffler’s hostile bid for Continental

Copyright © 2008, The Hindu. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu