Madhya Pradesh Secures Rs 530 Billion in Investment Proposals
ECONOMY & POLICY

Madhya Pradesh Secures Rs 530 Billion in Investment Proposals

Rupee (Rs) 530 billion (bn) in investment proposals were received by Madhya Pradesh on the third day of Chief Minister Mohan Yadav's visit to the United Arab Emirates, with major interest in green energy, artificial intelligence, data centres and advanced manufacturing. The delegation held engagements in Dubai and Sharjah to promote projects and secure commitments from global investors. State officials said the proposals represent a significant pipeline for industrial expansion and technology infrastructure.

Rana Holdings Limited proposed a portfolio including a 2,000 MW solar energy project and a 200 MW green hydrogen plant, alongside an AI and compute data centre, a critical minerals recovery and recycling complex and a smart manufacturing hub. The compute facility was described as initially designed for 50 megawatt (MW) capacity, with potential expansion to 200 MW, while the minerals complex was cited at 30,000 tonne (t) per annum capacity. Combined investment potential for the Rana proposal was given at Rs 352 bn, equivalent to US dollar (USD) 4 bn.

NIDI Services DMCC and SCNELL outlined a proposal for an industrial scale AI compute campus and a Sovereign AI Factory, presenting a concept with investment of about USD 1.5 bn to USD 2 bn, roughly Rs 180 bn, for an initial 50 MW AI factory that could be expanded beyond 100 MW. Chief Minister Yadav met delegations from several UAE business groups to discuss opportunities in healthcare, logistics, education, gems and tourism. Officials said the engagements covered digital content and services as part of the state promotion effort.

During the visit the Madhya Pradesh Industrial Development Corporation was honoured with the Winner Asia accolade at the AIM Investment Awards 2026 in recognition of investment promotion, foreign direct investment attraction, employment generation, innovation and sustainable development. The chief minister conveyed that the state had received proposals totalling more than Rs 34 trillion (tn) over the past two-and-a-half years and that more than 30 per cent of projects had been implemented, while inviting investors to the Global Investors Summit 2027 in Bhopal.

Rupee (Rs) 530 billion (bn) in investment proposals were received by Madhya Pradesh on the third day of Chief Minister Mohan Yadav's visit to the United Arab Emirates, with major interest in green energy, artificial intelligence, data centres and advanced manufacturing. The delegation held engagements in Dubai and Sharjah to promote projects and secure commitments from global investors. State officials said the proposals represent a significant pipeline for industrial expansion and technology infrastructure. Rana Holdings Limited proposed a portfolio including a 2,000 MW solar energy project and a 200 MW green hydrogen plant, alongside an AI and compute data centre, a critical minerals recovery and recycling complex and a smart manufacturing hub. The compute facility was described as initially designed for 50 megawatt (MW) capacity, with potential expansion to 200 MW, while the minerals complex was cited at 30,000 tonne (t) per annum capacity. Combined investment potential for the Rana proposal was given at Rs 352 bn, equivalent to US dollar (USD) 4 bn. NIDI Services DMCC and SCNELL outlined a proposal for an industrial scale AI compute campus and a Sovereign AI Factory, presenting a concept with investment of about USD 1.5 bn to USD 2 bn, roughly Rs 180 bn, for an initial 50 MW AI factory that could be expanded beyond 100 MW. Chief Minister Yadav met delegations from several UAE business groups to discuss opportunities in healthcare, logistics, education, gems and tourism. Officials said the engagements covered digital content and services as part of the state promotion effort. During the visit the Madhya Pradesh Industrial Development Corporation was honoured with the Winner Asia accolade at the AIM Investment Awards 2026 in recognition of investment promotion, foreign direct investment attraction, employment generation, innovation and sustainable development. The chief minister conveyed that the state had received proposals totalling more than Rs 34 trillion (tn) over the past two-and-a-half years and that more than 30 per cent of projects had been implemented, while inviting investors to the Global Investors Summit 2027 in Bhopal.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code