Countries and Foreign industrialists participating at the annual meeting of the World Economic Forum will be informed about the reforms in policies and positive decisions taken by the Chief Minister Kamal Nath’s Government in the last one year to create an investment friendly environment in the State. Over 3,000 global industrialists, business leaders and international political leaders will attend the World Economic Forum Annual Meeting to be held in Davos from January 21 to 24.

A high-level delegation comprising Chief Secretary, Principal Secretary Industry DIP and IP accompanying the Chief Minister Kamal Nath will meet officials of more than 30 companies and apprise them of the reforms undertaken in the investment policies. It may be mentioned that several remarkable decisions have been taken by the Chief Minister Kamal Nath under the campaign to regain confidence of the investors in the state.

Madhya Pradesh has become the first state to prepare a Real Estate Policy in the last one year. In order to promote electric mobility, the Electric Vehicle Policy has been formed and decisions have been taken to give concession in registration and stamp duty to new heritage hotels besides additional incentive to export oriented units of micro, small and medium industries.

To attract investment, more than 10 amendments have been made in the investment policies in the last one year.

This will help in increasing economic growth rate of the State and generating wide scale employment opportunities.

In order to attract investment in the state, several decisions have been taken by the state government as regard to Green Industrialization, Electric Mobility, Research in High end manufacturing, Real Estate, Mining, MSME Promotion Policy and Tourism including maximum concessions in investment potential sectors.