- 2-day Bengaluru Investor Summit from today; CM to interact with industrialists
Bhopal: Madhya Pradesh is inviting space tech companies for investment for the first time to take help of new technology in the development plans of the state and increase its use.
Madhya Pradesh has taken steps to get investment for the first time in the space technology sector. Companies working in the space technology sector provide satellite imagery and data analytics services. Global monitoring and accuracy of data improves through satellite. These companies are developing the latest technology to monitor pollution and orbital objects in space. The aim of these companies is to increase security in space.
Chief Minister Dr. Yadav will interact with industrialists in the two-day investor road-show organized on 7th and 8th August with investors in Bengaluru. He will invite the major companies working in this sector to invest in Madhya Pradesh. He will discuss the possibility of investment in Madhya Pradesh with companies like Pixel, Digantara, Galaxy Eye, Setsure Collide EO, Sky Server. Setsure Company provides satellite imagery which is very useful for the agricultural sector. Similarly, Pixel Company manufactures and operates small satellites based on pictures of the earth.
CM will also interact with companies of IT sector
Chief Minister Dr. Yadav will also interact with companies of the IT sector and discuss the possibility of investment. Chief Minister Dr. Yadav will mainly discuss with representatives of companies like Cognizant, NASSCOM, Kindryl, Infosys, TCS, Visen Technology, CISA Infosec Happiest Minds, Delta Capita, Neiman Marcus and Movata.
Apart from this, multinational companies establish Global Capability Centers to operate their global operations in a better way. These centers provide high quality services and operational efficiency in areas like economic management, human resource management, IT support, data analytics and research. They also help in reducing costs and are helpful in creating investment opportunities in the local market.
Global Capability Centers in Bhopal and Indore
Chief Minister Dr. Yadav intends to set up Global Capability Centers in Bhopal and Indore. This will create local employment opportunities and also give impetus to the local economy. The establishment of these centers will enable the use of talents of the state, which will also increase the availability of skilled workforce. These centers will encourage technological innovation and entrepreneurship in cities and will also strengthen the local ecosystem.
Chief Minister Dr. Yadav will discuss with major investors regarding the efforts being made in the field of IT in the global and national scenario and the requirements of this sector.
In view of the possibilities of garment industry in Madhya Pradesh, Chief Minister Dr. Yadav will discuss with major apparel and textile companies in Bengaluru. Many companies of this sector like Best Corp and Gokaldas are investing in Madhya Pradesh. Investment in the garment industry will strengthen the economic condition of Madhya Pradesh and create new employment opportunities. Economic activities will increase. Investment in the garment industry will help Madhya Pradesh emerge as a major hub in the universal garment sector.
Investors will be introduced to investment opportunities in Madhya Pradesh, investment in the IT sector, tourism, investment in MSMEs and the possibilities created in Madhya Pradesh in the garment sector.
