Madhya Pradesh To Review Investment Progress


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By ugesh sarkar, Section Business & Industry
Posted on Tue Jan 27, 2009 at 12:55:11 AM EST

To keep a tab on the investment scenario in the state, the Madhya Pradesh government will review the progress of investment proposals made during the last four years.

During a three-day meetstarting January 27, newly appointed Industry Minister Kailas Vijayvergiya will review the progress on various MoUs and will hold discussions with the representatives of leading companies like Reliance Power, Hindalco and Essar.

The state government has launched the `Destination Madhya Pradesh' campaign to attract investment, in association with industry body Federation of Indian Chambers of Commerce and Industry.

The state has attracted more than Rs 3.5 lakh crore investment during the past few years. Most of them were from the power sector.

However, the industry leaders have reportedly faced problems in getting clearances from various departments of the Centre and the state government.

Source: Business-standard Madhya Pradesh to review investment progress

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