Following CM Yadav’s Europe tour, Madhya Pradesh has landed ₹780 billion in tech investments from the UK and Germany, fueling growth in semiconductors, health, and education.
Recently, Mohan Yadav, the Chief Minister of Madhya Pradesh, announced that the state has secured tech investment proposals worth ₹780 billion during his six-day Europe visit to the United Kingdom and Germany.
These proposals include ₹593.5 billion from the UK and ₹180.9 billion from Germany, with investments targeting sectors such as technology, skill development, education, and health.
Yadav stated that the UK visit focused on minerals, semiconductors, health, automobiles, electric vehicles (EV), renewable energy, education, and food processing. In Germany, the emphasis was on technology research, green energy, and industrial development.
In the UK, the SRAM and MRAM group proposed a ₹250 billion investment in semiconductors and a science and technology park. Helion Pharmaceuticals also proposed an investment of ₹30 billion. Following discussions with the company head, an agreement was made to allocate land to the pharmaceutical company at Indore’s Smart Industrial Park.
In Germany, Long House Partners proposed a ₹140 billion investment in the technology and innovation sector, while AMS OSRAM showed interest in investing ₹15 billion in the semiconductor and electronics industries.
Upon his return, Yadav thanked Prime Minister Modi’s efforts for the investment proposals received during his visit, crediting India’s strong economic policies for attracting foreign investments.
He emphasised the goal of making Madhya Pradesh the leading state, driven by talent, skills, and development efforts. Yadav also mentioned a joint India-Germany venture to set up an industrial unit in Acharpura, near Bhopal, with an investment of over ₹1 billion.
He mentioned the success of the ‘Regional Industrial Conclaves’ and announced an upcoming event in Narmadapuram on December 7, with another planned for Shahdol, aiming to attract investors for the Global Investors Summit in February 2025.
