Madhya Pradesh Chief Minister Mohan Yadav laid the foundation stone for a four million tonne capacity cement plant at Mawan village in Guna district, about 10 km from the district headquarters. The factory, to be set up by Ambuja Cement of the Adani Group at a cost of Rs 10.59 billion, is expected to create 1,500 jobs. Officials said the event included a groundbreaking ceremony and local infrastructure works.

Yadav also inaugurated 144 development projects worth around Rs 1.3 billion and said the government would offer to acquire land from farmers at four times the market price to make them partners in development. He highlighted local produce such as coriander and roses as assets for economic renewal. Authorities said the measures aim to reduce delays and attract further investment.

Company officials said the plant will be developed in two phases, with the first phase targeted to be operational by 2028, and that total output would reach 4 million metric tonnes. The project was projected to add more than Rs 60 billion to the state treasury and to support ancillary industries and supply chains. Officials presented the factory as a catalyst for regional economic transformation and sustained employment.

Union minister Jyotiraditya Scindia welcomed the venture as part of the national agenda for a developed India by 2047 and credited state leadership for improving the investment climate. He set out expectations of new local jobs and cited plans for women centred units and sewing facilities, while noting that Adani would establish a defence unit with an investment of Rs 25 billion. Adani Group representatives said they would contribute to local infrastructure and thanked leaders for facilitating the project.