Madhya Pradesh Chief Minister Mohan Yadav on Saturday inaugurated the Regional Industry Conclave being held in Jabalpur district.

Regional Industry Conclaves are being organised as a pre-event of the “Invest Madhya Pradesh-Global Investor Summit-2025”. GIS-2025 is proposed to be organised in Bhopal on February 7 and 8 next year.

CM Yadav along with state cabinet ministers Prahlad Singh Patel, Rakesh Singh, and Chetanya Kasyap inaugurated the Conclave by lighting the lamp. It is the second Regional Industry Conclave being held in the state to invite investment in the state.

The first event in the series of Regional Industry Conclave was organised in Ujjain on March 1 and 2 this year. Investments of hundreds of crores were received for the state during the conclave.

According to an official release, over 3500 industry leaders including leading industrialists, representatives of various industry associations, and prominent foreign delegates are participating in the Jabalpur Regional Industry Conclave. Besides, CM Yadav will virtually inaugurate around 60 units and will also hold one-to-one discussions with industrialists on the occasion.

Earlier, Chief Minister Mohan Yadav held a meeting with industrialists from Chhindwara and other areas including Jabalpur, and encouraged industrial investment. The objective of the Conclave is to remove regional disparities in industrial development by harnessing regional potential. The aim is to promote regional development by acquainting the investors with the industrial capabilities and opportunities of the Jabalpur region, the statement in the release read.

The objective of the conclave is to promote cooperation by bringing investors from major markets on one platform and having meaningful discussions, it added.

During the Conclave, five regional sessions will be organised focusing on the investment potential of Jabalpur and surrounding areas. These include agriculture, food and dairy processing, defence, mining and minerals, textiles and apparel and tourism.

There will also be round-table discussions with industry associations, start-ups and experts from defence, textiles and apparel, the statement read.

The summit will also include over 300 buyer-seller meetings and one-to-one discussions. Jabalpur Expo and Defense Exhibition will also be organised to give the investors an experience of Mahakaushal. The event will conclude with a cultural program and networking dinner showcasing the culture and cuisine of the region, it added. (ANI)