Madhya Pradesh Chief Minister Mohan Yadav said India’s strong growth momentum and rising global confidence are creating major opportunities for states like Madhya Pradesh, as he pitched the state as a strategic investment hub at the World Economic Forum Annual Meeting in Davos.
He said Madhya Pradesh is emerging as an attractive destination for investments, particularly in electric vehicles (EVs) and renewable energy.
Yadav noted that India has sent its largest-ever delegation to WEF, reflecting the country’s expanding global role. “India is marching ahead in every sector. India is set to become the third-largest economy in the next one to one-and-a-half years. So, there is immense potential in Madhya Pradesh,” he told ANI on Wednesday. He added that the state has made substantial progress in the energy, health, IT and tourism sectors over the past two years.
Meanwhile, India became the world’s fourth-largest economy in July 2025, surpassing Japan, according to the Rubix Country Insights Report: Japan by Rubix Data Sciences.
Highlighting renewable energy initiatives, the Chief Minister said Madhya Pradesh has emerged as a power hub, with solar power generation underway at the Omkareshwar Dam. He said around 32 lakh farmers have been provided solar pumps and claimed that the state offers the cheapest electricity rates in the country from renewable sources.
On the electric vehicle sector, Yadav said Madhya Pradesh’s central location, adequate land bank and power availability are attracting strong investor interest. “We have sufficient land and electricity, and we are centrally located. As a result, we are receiving multiple proposals, and Madhya Pradesh is emerging as a hub in this sector. Several investors have signed MoUs with us in this direction,” he said.
The Chief Minister also spoke about growing international engagement, including discussions with Mohamed Saeed, Minister of Economic Development and Trade of the Maldives. He said both sides see potential for cooperation in tourism, fisheries, IT, health and education, with plans for future visits to deepen collaboration.
Earlier, the Madhya Pradesh government hosted a roundtable titled ‘Invest in India: Madhya Pradesh – A Strategic Investment Hub’ at WEF, showcasing opportunities in automobiles, renewable energy, pharmaceuticals, textiles, IT-ITeS, agriculture and logistics. The state also held meetings with corporate leaders, including Sumant Sinha of ReNew Power, to explore expansion of renewable energy and data centre investments, officials said. (ANI)
