SAGE Group to Invest Rs 14.50 Bn in MP, Expanding in Renewables & Hospitality

25 Feb 2025 CW Team

A significant portion of this investment, amounting to Rs 5 billion, will be directed toward developing the renewable energy industry in the state. Additionally, Rs 3 billion has been allocated for the construction of a new hotel, further strengthening the group’s presence in the hospitality sector.

Madhya Pradesh is experiencing rapid economic growth, and this investment aligns with the state's developmental trajectory. The initiative is part of a broader effort to support India's transition toward becoming a developed nation, leveraging opportunities in key sectors.

Beyond industrial investments, SAGE Group has made substantial contributions to the education sector. The group currently oversees educational institutions with an enrollment of approximately 40,000 students across universities and international schools, playing a vital role in shaping the academic landscape of the state.

The investment announcement comes amid the "Invest MP Global Investor Summit" (GIS) 2025, taking place in Bhopal on February 24-25. The summit aims to highlight Madhya Pradesh’s investment potential, attracting both global and domestic investors. Entrepreneurs from 60 countries have been invited to explore business opportunities, with participation from 13 ambassadors, six high commissioners, and several consul generals from key strategic nations. The event underscores Madhya Pradesh’s commitment to fostering international business relations and strengthening its economic infrastructure.

With this investment, SAGE Group reinforces its commitment to sustainable growth, economic development, and industrial expansion in Madhya Pradesh.

News source: First India

SAGE Group, a prominent business conglomerate, has announced an investment of Rs 14.50 billion in Madhya Pradesh, with a focus on the renewable energy sector and other industries, including hospitality. The announcement was made during the Global Investors Summit in Bhopal. A significant portion of this investment, amounting to Rs 5 billion, will be directed toward developing the renewable energy industry in the state. Additionally, Rs 3 billion has been allocated for the construction of a new hotel, further strengthening the group’s presence in the hospitality sector. Madhya Pradesh is experiencing rapid economic growth, and this investment aligns with the state's developmental trajectory. The initiative is part of a broader effort to support India's transition toward becoming a developed nation, leveraging opportunities in key sectors. Beyond industrial investments, SAGE Group has made substantial contributions to the education sector. The group currently oversees educational institutions with an enrollment of approximately 40,000 students across universities and international schools, playing a vital role in shaping the academic landscape of the state. The investment announcement comes amid the Invest MP Global Investor Summit (GIS) 2025, taking place in Bhopal on February 24-25. The summit aims to highlight Madhya Pradesh’s investment potential, attracting both global and domestic investors. Entrepreneurs from 60 countries have been invited to explore business opportunities, with participation from 13 ambassadors, six high commissioners, and several consul generals from key strategic nations. The event underscores Madhya Pradesh’s commitment to fostering international business relations and strengthening its economic infrastructure. With this investment, SAGE Group reinforces its commitment to sustainable growth, economic development, and industrial expansion in Madhya Pradesh. News source: First India

Infrastructure Urban

16 Oct 2025

Shivraj Singh Chouhan inaugurates ICAR-IIMR admin block in Ludhiana

Union Agriculture Minister Shri Shivraj Singh Chouhan recently inaugurated the administrative building at the Indian Council of Agricultural Research – Indian Institute of Maize Research (ICAR-IIMR) in Ludhiana, Punjab. During the visit, he interacted with maize stakeholders, farmers, rural development scheme beneficiaries, and women self-help group (SHG) members. He said that under the leadership of Prime Minister Narendra Modi, the government’s key goals include boosting foodgrain production, reducing input costs, and improving farmers’ incomes. He highlighted the importance of div..

Technology

16 Oct 2025

Google to Build Rs 10,000 Cr Data Centre in Visakhapatnam

In a major boost to India’s digital infrastructure, Google will establish a 1-GW hyperscale data centre and Artificial Intelligence (AI) hub in Visakhapatnam, Andhra Pradesh. The project, valued at Rs 100 billion, is expected to significantly contribute to the state’s economy and create more than 20,000 direct and indirect employment opportunities. Union Minister of State for External Affairs and Education, Dr Pemmasani Chandrasekhar, highlighted that this landmark investment by Google will help position Andhra Pradesh as a prominent digital hub under the “Swarandhra Pradesh” vision. ..

Infrastructure Urban

16 Oct 2025

TCIL honoured with HR Excellence Award 2025

Telecommunications Consultants India Limited (TCIL), a Miniratna Schedule ‘A’ PSU under the Department of Telecommunications, has been honoured with the HR Excellence Award at the Fortune Leadership Awards 2025, held at Radisson Blu Plaza, Delhi. The accolade acknowledges TCIL’s outstanding HR practices promoting employee development, innovation, and inclusivity. The award was presented by Dr. Dinesh Upadhyay, Former Member, Ministry of AYUSH, and Shri M. S. Nethrapal, IRS, and received by Shri P. Suresh Babu, CGM (HR), in the presence of distinguished leaders from various sectors. Bet..