Work begins on industries worth Rs. 3.30 lakh crore

Bhopal. Work is being undertaken at a rapid pace for implementation of MoUs signed for establishment of industries at various Investors’ Summit in Madhya Pradesh. As a result, projects worth over 50 percent of investment proposals have been implemented. MoUs worth Rs. 7 lakh 36 thousand 955 crore 97 lakh were signed at these summits. Of these, construction work is in various stages on proposals worth Rs. 3 lakh 2 thousand 871 crore 25 lakh. Work has begun on 389 out of total 487 MoUs.
So far, 45 industries set up a cost of Rs. 21,329 crore have commenced production. Of these, 34 MoUs were signed at Indore Investors’ Summit and other investors’ meets, 8 at Global Investors’ Summit Khajuraho-II and 2 MoUs were signed after Khajuraho Summit.
Besides, construction work of 30 industries has begun. These industries will be set up with investment worth Rs. 63,525 crore 94 lakh. At the same time, implementation of 96 industries has also begun in which investment worth Rs. 2.45 lakh crore 91 lakh is being made. Land, minerals, water and other facilities have been provided to these industries. Survey work for 218 industries is also underway.
Remaining MoUs for investment proposals worth Rs. one lakh 24 thousand 216 crore have been cancelled due to investors not fulfilling terms and conditions of MoU or other reasons.
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