+
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
Infrastructure Transport

Madhya Pradesh Plans Airport Every 150 Km, Airstrip Every 75 Km

The Madhya Pradesh government plans to establish an airport every 150 km, an airstrip every 75 km and a helipad every 45 km, according to the state aviation department. Airports being developed in Ujjain and Shivpuri are expected to take the state’s airport count to 10. The government stated that Madhya Pradesh currently has eight airports in eight cities. The locations named by the department include Indore, Bhopal, Jabalpur, Gwalior, Khajuraho, Rewa and Satna. The state also has more than 20 airstrips and 220 helipads, while permanent helipads are planned in all 230 Assembly constituencies..

Next Story
Infrastructure Transport

West Bengal Plans Four Airports for 2028 Completion Under UDAN

West Bengal will develop four new airports under an agreement signed between the Union Civil Aviation Ministry and the state government, with all facilities targeted for completion by 2028. Union Civil Aviation Minister K Rammohan Naidu said the airports would be located at Charra in Purulia, Kalaikunda in Paschim Medinipur, Balurghat in Dakshin Dinajpur and Hasimara in Alipurduar. The project is part of the Centre’s regional connectivity UDAN programme. The Union government has committed Rs. 290 bn for West Bengal’s aviation sector over the next decade, while the state government will pro..

Next Story
Infrastructure Transport

Mumbai Airport Bars Russian Airlines as Agent Seeks Ministry Intervention

Mumbai airport has stopped accepting cargo booked on Russian flag carrier Aeroflot, disrupting shipments and prompting the airline’s cargo sales agent, Delmos Aviation, to seek intervention from the Ministry of Civil Aviation. The restrictions also affect cargo booked on Volga-Dnepr Airlines, according to a letter submitted by Delmos Aviation to the ministry on September 30. Aeroflot operates daily flights between Moscow and Delhi and runs a winter seasonal service to Goa. Bonded cargo from Mumbai and other cities is transported by road to Delhi before being flown to Russia. The agent said t..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code