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HomeBusinessShreyaskar Chaudhary, MD, Pratibha Syntex MD Addresses Panel Discussion at MP Global Investors Summit 2023

Shreyaskar Chaudhary, MD, Pratibha Syntex MD Addresses Panel Discussion at MP Global Investors Summit 2023

16 January 2023: Shreyaskar Chaudhary, MD, Pratibha Syntex Ltd., Participated in a panel discussion on the Production Linked Incentive (PLI) schemes, discussing the sectors to boost production, employment and exports at MP Global Investors Summit 2023.

Titled ‘PLI Schemes – Boosting Manufacturing in India and Role of MP’, the session was part of the second day’s proceedings at the Invest Madhya Pradesh’ Global Investors Summit held at Brilliant Convention Centre, Indore on January 11-12, 2023. The other speakers included Sanjay Bhayani, Director, India Operations, Avgol; Dr. Rajiv Chibber, Vice President, Sahajanand Medical Technologies and Anil Satwani, Founder & MD, Symbiotec Pharmalab.

Narendra Modi, Prime Minister of India, addressed the Global Investors’ Summit, which showcased the diverse investment opportunities in Madhya Pradesh, via video message. He extended a warm welcome to all the investors and entrepreneurs and highlighted the role of Madhya Pradesh in building a developed India.

The PM said, “From faith and spirituality to tourism, from agriculture to education and skill development, Madhya Pradesh is a wonderful destination.” The Prime Minister pointed out that the summit is taking place at a time when the golden age of India’s Amrit Kaal has begun and we are all working together to build a developed India. “When we talk about a developed India, it is not just our aspiration, but it is the resolve of every Indian”, the Prime Minister remarked as he expressed happiness for the confidence that every organisation and expert in the world are showing in Indians.

Madhya Pradesh, a state in the heart of India is the 2nd largest state by area and one of the fastest growing states with annual GSDP growth of over 8% CAGR over the last decade. Madhya Pradesh government has worked diligently over the past decade to develop the state as an industrial hub and promote it as a potential investment destination.

The state government has made an investment of more than $15.4 billion in support infrastructure in the last five years. The state has good connectivity to large markets and major metro cities such as New Delhi, Mumbai, Ahmedabad, Hyderabad and Kolkata. MP possesses a road network on 230000 km and 550+ trains pass through the state daily. The state is connected to all major metro cities by air. To leverage its strategic location and overcome the challenges of land locked economy the state has developed 7 ICDs and is also developing MMLPs.

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