In a significant push to attract global capital, Madhya Pradesh Chief Minister Mohan Yadav is set to participate in the annual meeting of the World Economic Forum (WEF) in Davos. The high-profile event, scheduled from January 18 to 23, will see the CM showcasing the state's vast investment potential on an international stage.
Strategic Objectives for the Davos Mission
An official spokesperson outlined the core goals of the Chief Minister's visit. The primary objective is to position Madhya Pradesh as a leading investment destination globally. The plan involves establishing direct dialogue with top-tier industry leaders and advancing new investment opportunities within the state's priority sectors. The visit will focus on discussing concrete investment proposals with multinational corporations, strengthening ties with global policymakers, and bolstering the state's image as a future-ready economy.
Showcasing Sectoral Strengths at the Global Forum
Madhya Pradesh will present a compelling case across several high-growth industries at the WEF. In the automotive and new mobility sector, the state plans to highlight its robust ecosystem for electric vehicle manufacturing, battery storage, and auto components. Success stories from industrial clusters like Pithampur will be shared with the global audience.
The renewable energy sector will be promoted through flagship projects such as the 'Rewa Ultra Mega Solar Project' and the innovative 'Omkareshwar Floating Solar Project'. The state will also present emerging opportunities under its Green Hydrogen Policy to international investors seeking sustainable ventures.
For the IT and Electronics System Design & Manufacturing (ESDM) sectors, cities like Indore and Bhopal will be promoted as emerging hubs for IT services and Global Capability Centres. The incentives available under the state's progressive IT, ITES and ESDM Policy 2023 will be a key part of the pitch.
Furthermore, Madhya Pradesh aims to solidify its reputation as the "Food Basket of India" by highlighting lucrative investment opportunities in mega food parks and agriculture-based value-addition chains within the food processing sector.
High-Profile Engagements on the Agenda
During his stay in Davos, Chief Minister Yadav's itinerary is packed with strategic interactions. He is slated to hold one-on-one meetings with CEOs of Fortune 500 companies and other global industrial titans. Additionally, sector-specific roundtable discussions focusing on automotive, energy, IT, healthcare, and food processing will be organized. These roundtables will feature testimonials from existing investors in the state, sharing their positive experiences.
CM Yadav will also actively participate in various thematic sessions of the World Economic Forum itself. These sessions are expected to cover critical global issues such as labour, energy security, renewable energy, and food security, aligning with the broader forum theme of 'A Spirit of Dialogue'.
This proactive outreach at Davos underscores the state government's commitment to driving economic growth through strategic foreign direct investment and integrating Madhya Pradesh into the global value chain.
