India's soaring golden territory – Madhya Pradesh to participate at Annual Investment Meeting (AIM) 2017

Explore investment opportunities in Madhya Pradesh – India, at the Annual Investment Meeting (AIM) 2017

Dubai, 31 March 2017

The state of Madhya Pradesh, often called the heart of India is participating at the Annual Investment Meeting (AIM) which will be held in Dubai from 2nd – 4th April 2017 at Dubai World Trade Center.

Madhya Pradesh’s economy is primarily driven by its large natural base. Some of the key industrial sectors in Madhya Pradesh that have competitive strength and have the potential to attract new foreign investments are food processing and the cement industries. There is also a great scope for investment in the mining sector and textile industry.

In a report shared on India times it was noted that in 10 years to FY16, India received $270 billion in equity foreign direct investments (FDI). A quarter of this, or $71 billion, was raised over the last two fiscals. In addition, in 2016, there were at least 15 Indian states that have been successful in grabbing the ‘leader’ tag, as opposed to none a year ago. The tag is allotted when a state succeeds in implementing 75 per cent of the reforms action plan outlined by the central government. The leader states in 2016 constitute nearly 75 per cent of India’s GDP including states as Madhya Pradesh, Chhattisgarh, Jharkhand, Rajasthan, Andhra Pradesh and Odisha.

“The state of Madhya Pradesh commands a pivotal position in the country. Its abundant supply of trained manpower with good qualifications, conducive business environment and ample power supply are some of the many reasons that make the state an ideal destination for business investment, encouraging foreign direct investments (FDI). It is an honour to have the golden territory of India participate at the Annual Investment Meeting (AIM) 2017,” said Dawood Al Shezawi, CEO, AIM’s Organising Committee.

At the Annual Investment Meeting, Mr. Mohammed Suleman, Principal Secretary, Commerce, Industry and Employment – Government of Madhya Pradesh will present key insights on lucrative investment opportunities in Madhya Pradesh. In addition, Mr. Rajendra Shukla, Minister of Commerce, Industry and Employment – Government of Madhya Pradesh will share key insights about the state which makes it a preferred destination for foreign direct investments (FDI).

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Held under the theme ‘International Investment, Path to Competitiveness & Development’, this year’s edition of AIM will discuss economic development opportunities and counter challenges. The international forum will be host to 140 countries as well as it will host 100 high-level officials, 500 exhibitors and more than 100 media partners.

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© Press Release 2017