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

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

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

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

Next Story
Infrastructure Energy

Vedanta Aluminium Uses 1.57 bn Units of Green Energy in FY25

Vedanta Aluminium, India’s largest aluminium producer, recently reported consumption of 1.57 billion units of renewable energy in FY25, marking a significant milestone in its 2030 decarbonisation roadmap. The company also achieved an 8.96 per cent reduction in greenhouse gas (GHG) emissions intensity compared to FY21, reinforcing its leadership in India’s low-carbon manufacturing transition. During FY25, Vedanta Aluminium expanded its renewable energy portfolio through long-term power purchase agreements, strengthening its strategy to source nearly 1,500 MW of renewable power over the lon..

Next Story
Real Estate

Oberoi Group to Develop Luxury Resort at Makaibari Tea Estate

EIH Limited, the flagship company of The Oberoi Group, has announced the signing of a management agreement to develop an Oberoi luxury resort at the iconic Makaibari Tea Estate in Darjeeling. The project marks a key milestone in the Group’s long-term strategy of creating distinctive hospitality experiences in rare and environmentally significant locations. Established in 1859, Makaibari is one of the world’s oldest tea estates and is globally recognised for its Himalayan landscape, primary forests and exceptional biodiversity. Spread across 1,236 acres, the estate houses one of the world..

Next Story
Real Estate

GHV Infra Secures Rs 1.09 Bn EPC Order in Jamshedpur

GHV Infra Projects Ltd, a fast-growing EPC company in India’s infrastructure and construction sector, has recently secured a Rs 1.09 billion work order in Jamshedpur, Jharkhand. Awarded by a reputed group entity, the contract covers end-to-end civil construction, mechanical, electrical and plumbing (MEP) systems, along with high-quality finishing works for a large building development. The project will be executed over a 30-month period, with defined benchmarks for quality, safety and timely delivery. The order strengthens GHV Infra’s footprint in Jamshedpur, a key industrial hub known fo..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Open In App