Madhya Pradesh Global Investors' Summit
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| Global Investors Summit | |
|---|---|
 Invest Madhya Pradesh Logo | |
| Genre | Investors Meet |
| Begins | 2007 |
| Frequency | 2 years |
| Location(s) | Indore |
| Inaugurated | 2007 |
| Most recent | 2014 |
| Previous event | 2012 |
| Next event | 2016 |
| Participants | 6,000 |
| Patron(s) | Government of Madhya Pradesh |
| Organised by | MPAKVN Indore |
| Website | official website |
Global Investors Summit or GIS is a biennial summit organized by Government of Madhya Pradesh in Indore, the commercial capital of central India to attract domestic and foreign investment for development of state. Based on the theme– India's Growth Centre and aimed at bringing together business leaders, investors, corporations, thought leaders, policy and opinion makers; the summit serves as a perfect platform to understand and explore business opportunities in the State of Madhya Pradesh.
- GIS 2007 - Signed 102 MOUs worth Rs 1.20 Trillion
- GIS 2010 - Signed 107 MOUs for setting up projects worth Rs 2.35 Trillion
- GIS 2012 - Signed 259 MOUs for setting up projects worth Rs 4.31 Trillion[1]
GIS 2014 Highlights
GIS 2014 was organized from 8-10 October, 2014 in Brilliant Convention Centre, Indore. Top names in Indian business who participated in the event were Mukesh Ambani, Anil Ambani, Cyrus Mistry, YC Deveshwar and Gautam Adani etc. Six countries including Canada, Australia and South Africa were partner-nations at the event. Ambassadors from 21 countries were attended the summit. GIS 2012 was held in Indore from 28–30 October 2012 and many projects and MoUs were signed in the three days of summit. Of these investment plans, major investment are:
- Setting up an air cargo hub at Indore, for which 500 hectares of land would be acquired near existing Devi Ahilyabai Holkar Airport.
- Reliance Anil Dhirubhai Ambani Group will enhance its integrated power plants in Madhya Pradesh at an investment of Rs 25000 crores.
- HUDCO to invest Rs 2,000 crore to strengthen urban water supply and urban infrastructure development schemes.
- MTech Metals & Mining has inked MoU to invest Rs 9,000 crore in an integrated steel plant and an auto park to be set up in Jabalpur division.
- Future Group plans to invest Rs 2,500 crore for an integrated food park and to create jobs for 21,400 people.
- Vellore Institute of Technology plans to invest Rs 500 crore to set up a university in the state.
- Bharat Forge will invest Rs 1,880 crore to set up a steel plant at Shahdol and auto-component plants near Indore.
- Tata Consultancy Services will invest Rs 410 crore in Indore to create 12,000 jobs.
- Steel Authority of India Limited plans to invest Rs 5000 crore in an iron plant at Chhatarpur.
- Stem Learning Ltd plans to invest Rs 80 crore to train 20,000 students
- Rockland Hospital will invest Rs 300 crore in a super-speciality hospital.
- NTPC has inked an MoU to invest Rs 9000 crore to set up a 1,200 MW thermal power station at Khargon.
- American Copper Limited plans to invest Rs 1856 crore in a 500 metric tonnes per annum copper plant in Balaghat.
References
- ^ "GIS 2012 reports". DNA. Retrieved 31 October 2012.