MP govt to get investment of Rs 4,125 cr

Madhya Pradesh gained significantly at Davos, where the World Economic Forum (WEF) is holding its annual meet, with investors promising to invest Rs 4,125 crore in food and renewable energy sectors.

Madhya Pradesh Chief Minister Kamal Nath held discussions with potential investors at Davos and showcased the state as a viable investment destination.

The Daawat Food Ltd, which has a plant in Mandideep, near Bhopal has got FDI worth Rs 125 crore from Saudi Arabia Agriculture and Livestock Investment Company (SALIC).

Besides, two central wind projects of capacity 325 MW each are now approved.

One by Soft Bank Energy (Japan) and another by Actis (England) would be coming to state.

It will involve a total investment of Rs 4,000 crore.

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