BAN/COM/212/1/2014 26 th September 2014 Subject: Global Investors Summit in Indore, Madhya Pradesh on 9 th and 10 th October, 2014 Dear Sir, We are pleased to inform you that the Government of Madhya Pradesh is organising a Global Investors Summit (GIS) on 9 th and 10 th October 2014 at Indore, Madhya Pradesh. The State of Madhya Pradesh is one of the fastest growing states in India. The state sits at a strategic geographical location and is endowed with a rich natural resource base. Accelerating investments in industrial development for economic growth is one of the focus areas of Madhya Pradesh. The state is rapidly growing and offers immense business opportunity across sectors. The state government’s industry-centric transparent policies and hassle-free investment procedures are now aimed at making Madhya Pradesh a global investment hub. The last GIS 2012 held in Indore witnessed participation from over 750 companies, both domestic and international. GIS-2014 is targeting to reach over 2500 delegates and over 1500 MSME delegates across its various events. GIS-2014 is also targetting international delegations from at least 50 major countries. We request you to please circulate this information to concerned Associations, organizations, members and companies and encourage them to participate in the above mentioned summit For more details on the summit, please visit www.investmp.com . For more queries and information the contact person is Mr.Davindra Pal Ahuja, Managing Director, Madhya Pradesh Trade and Investment Facilitation Corporation Limited, Phone: +91 755 4270246/47, email:[email protected] . Regards, Yours sincerely, (Naveen Saxena) Fist Secretary(Economic & Commercial) Distribution to : ITCC, ITBA, BOI, TCC & BOT, FTI, DITP, Creating a favourable environment for growth Managing Director Madhya Pradesh Trade and Investment Facilitation Corporation Ltd. AVN Tower Mezzanine Floor, 192, Zone-1, M.P. Nagar, Bhopal-462011. Madhya Pradesh (India) Tel:(91)755-4270246 Fax: (91) 755-2559973 Email: [email protected] www.investmp.com www.investmp.com I have resolved to make Madhya Pradesh a developed Madhya Pradesh has entered into a phase of accelerated state, which will be known for peace, harmony, socio-economic growth over the last decade. Our solidarity and economic prosperity. We are making transparent policies, investments in developing sincere efforts to develop Madhya Pradesh as one of infrastructure, human capital development initiatives, the top ranking states of India in terms of socio- technological advancement, good governance and economic development. progressive institutions have been playing a key role in making our growth inclusive and sustainable. In addition to this, proactive measures and reforms have laid the foundation of a healthy investment climate in the state. Shivraj Singh Chouhan Yashodhara Raje Scindia Chief Minister, Madhya Pradesh Minister of Commerce, Industries and Employment, Government of Madhya Pradesh Madhya age P t ra an d v e d s h A Strong Consistent Robust Strategic Resource Economic Support Location While there are plenty of investment opportunities available across the world Base Growth Infrastructure for a global investor, only a handful of investment destinations are pre-disposed to register a bumper growth. Madhya Pradesh, a state located in central India, is such a destination in every sense of the word. One of the best performing states in India for the last several years, Madhya Pradesh has an unmatched investment climate. The state fares well on all Madhya universally accepted investment parameters such as location, soil conditions, Industrial weather, presence of mineral resources, availability of skilled workforce, government policies and law and order. Cluster and Favourable Ease of Industry Madhya Pradesh’s central location makes it an ideal destination as a manufacturing Economic Policies Doing Business Confidence and sourcing hub to tap the constantly growing Indian market. Owing to its rich Hubs soil, several rivers and large irrigation projects, Madhya Pradesh is a thriving Pradesh destination for agriculture and food processing business. The state’s mineral wealth and skilled manpower enables setting up of heavy engineering companies. All this is backed by an investor-friendly government and good law and order. Madhya age P t ra an d v e d s h A Strategic Location Well-connected to key cities and consumer Equidistant from metros markets Air connectivity Train connectivity Direct flights to key cities such Chandigarh 425 trains transit through Chandigarh as Delhi, Mumbai, Bengaluru, Delhi Madhya Pradesh daily Delhi Gurgaon Ahmedabad, Hyderabad, Kolkata Gurgaon 220 trains transit through the state’s Jaipur Lucknow Jaipur Lucknow & Pune Gwalior capital Bhopal alone Gwalior Increased accessibility to tourist Ahmedabad Bhopal Kolkata Ahmedabad Bhopal Kandla Jabalpur North-South and East-West corridors centres within the state through Indore Indore Haldia cut across Madhya Pradesh Jabalpur Kolkata an intra-state air taxi - Air Ventura Raipur Paradip Road connectivity Raipur Mumbai Bhubaneshwar Mumbai Bhubaneshwar Pune Vishakhapatnam 18 National Highways, totalling Pune Hyderabad 5,000 kms criss-cross Madhya Pradesh Hyderabad Air Ventura, connecting the 10,000 kms of State Highways Bengaluru state of Madhya Pradesh: Connectivity to Ports Major cities Bengaluru Chennai Chennai Proximity to major cities The first intra-state air taxi Convenient access to major ports (within 1 hour by air) such as Kandla Port and Proximity to major cities service in the state (within 2 hours by air) North-South, East-West Corridors Jawaharlal Nehru Port Madhya age P t ra an d v e d s h A Strong Mineral Resource Base Only diamond Major cement Leading producer of producing state in India producing state in Manganese, Dolomite, India, accounting for Rock Phosphate and 14% of the total Glass Sand cement production Major producer of Coal, Limestone, India’s largest opencast Copper, Diaspore and copper mine at Pyrophyllite Malanjkhand, Balaghat Thickest coal seam (135m) in Asia at Singrauli coalfield Madhya age P t ra an d v e d s h A Robust Support Infrastructure Consistently Strong Economic Growth Water Land Power Consistent double digit growth during last decade - 17% CAGR in GSDP during FY05- FY14* DP dur al secto sector l sector GS ing tur r d ice du tria du n 2 ul u rv ri s r i 0 c ri e ng u in 0 ri n s d g R 5 g g 2 in G - in 0 2 1 a 2 n 0 4 0 0 i A n R 0 * i 0 5 5 C - R 5 G 1 - R - G 1 A 4 1 G 4 * A C 4 * A * C C 56,857 MCM water is available from 10 main One of the lowest industrial land rates in One of the lowest industrial power rates in 17% 20% 16% 15% rivers for irrigation of 69.74 lakh ha of land India India Approximate 900 MCM water of Narmada Second state in India to provide land for Power surplus state with an installed capacity river is reserved for industrial use, mega projects at 75% discount of 14000 MW making Madhya Pradesh ideal for water Over 20,000 hectare land bank available for Average power rate is INR 5.9 for HT users 25% growth in agriculture sector in 2013-14, one of the highest in the world** based industries investment Madhya Pradesh supports open access to Consistently achieving a revenue surplus since 2004-05 Opportunity for establishing a water grid for Major land parcels available near Indore, power with separate feeder lines for industrial potable water with a private partner Bhopal, Ujjain, Jabalpur, Gwalior and Shajapur use Financial Growth Large tracts of land available in Madhya 24 hours HT power available to industries 17.67% average growth rate in Tax Revenues during last five years Pradesh at very competitive rates The state has invested INR 97 billion in 6 times growth in Capital Expenditure during FY 04 - FY 14 expansion and upgradation of its electricity distribution network Interest payment burden expected to reduce from 22.44% in FY04 to 6.7% in FY15 Madhya Pradesh is home to the single largest 22.37% expected outstanding debt*** in FY15 (limit under FRBM Act- 34%) solar voltaic unit in India at Neemuch *CAGR at current prices **at constant prices, base 2004-05 ***as % of GSDP Madhya age P t ra an d v e d s h A Growing Industry Confidence “Visionary leadership of the Chief Minister to drive the growth of the state, “The growth of state is holistic and has a progressive government with despite the global slowdown and cautious investment prevailing sentiment. ” transparent and consistent policy making and its implementation.” Anil Ambani, Chairman, Reliance (ADAG) Kumar Mangalam Birla, Chairman, Aditya Birla Group “I personally look forward and encourage you to come and invest in the state of Madhya Pradesh. The state is doing exceedingly well in terms of “The state of Madhya Pradesh is not only a strategic location, but also a growth, infrastructure, manufacturing and services. The growth and the friendly place to do business. ” governance that one has witnessed in the state over the last many years has David C. Everitt, President, John Deere been fantastic.” Malvinder Mohan Singh, Executive Chairman, Fortis “Significant development in infrastructure, road, power, water, investor “Madhya Pradesh has made a remarkable progress over the past decade. friendly approach by Govt. has transformed Madhya Pradesh to Mazboot What strikes me is that the state government’s efforts and the development (Strong) Pradesh” structure that brought this transformation making Madhya Pradesh a prominent investment destination.” Abhay Firodia, Chairman, Force Motors