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2 clusters · 11 sources · 9 days · First seen · Last updated

Industrial expansion in Madhya Pradesh

Overview

Industrial expansion is increasing in Madhya Pradesh through new investments from major corporate groups.

In mid-August, Chief Minister Mohan Yadav announced that the Arvind Group would establish three industrial units in Dewas, Betma, and the PM MITRA Park in Dhar to boost employment and tax revenue. Following meetings in Ahmedabad with Arvind Group Executive Director Kulin S Lalbhai and Vice Chairman Punit Lalbhai, it was noted that production at the PM MITRA Park is expected to commence within the next year. The Chief Minister suggested these activities could strengthen economic ties between Madhya Pradesh and Gujarat.

Shortly thereafter, the Pratap Group inaugurated two manufacturing facilities in Pithampur with an investment of Rs 850 crore. These units, Corsis Industries and Voltters Technologies, focus on optical fibre production for digital infrastructure and lithium-ion battery manufacturing for energy storage systems.

Entities

Mohan Yadav · Madhya Pradesh · Corsis Industries · Voltters Technologies · Odisha government

Timeline

  1. 23 days ago

    [BUSINESS] 9 sources
    India expands industrial capacity with major investments in MP, Odisha, and Andhra Pradesh

    India sees major industrial growth as Madhya Pradesh inaugurates Rs 850 crore tech plants, Odisha clears Rs 2,780 crore in new projects, and Andhra Pradesh tenders Rs 221 crore for health infrastructure.

  2. about 1 month ago

    [BUSINESS] 2 sources
    Arvind Group to establish three units in Madhya Pradesh

    The Arvind Group plans to set up three industrial units in Madhya Pradesh at Dewas, Betma, and PM MITRA Park to boost employment and state development.

Sources

bhaskarlive.in · businessnewsthisweek.com · businessnewsweek.in · indoremirror.in · kalingatv.com · latestly.com · news18.com · newsable.asianetnews.com · pragativadi.com · socialnews.xyz · up18news.com

This summary has been updated 1 time: see revision history