Some of the countries coming for the Global Investors
Summit, which is the second as the first Summit was held in Indore in 2007,
include: Germany, Netherlands, Hong Kong, Malaysia, Taiwan, Australia, New
Zealand, United Kingdom, Finland, Austria, Italy etc.
It is believed that over 300 investors representatives of
industries from India and delegates from 15 countries will participate in the
summit. With confirmations already received of 23 MoUs, encompassing an
investment of Indian Rs. 99,360 millions ($2.23 billions), to be signed at the
Khajuraho Global Investors Summit the Madhya Pradesh government can hope to
realize its industrial potential.
Besides these, a total 28 MoUs worth Indian Rs. 444,950
millions ($9.99 billions) would be inked during the summit. The most ambitious
among the proposed ventures is the one between the Delhi-Mumbai Industrial
Corridor Development Corporation and TRIFAC. This proposed project aimed at the
development of early bird projects and nodes alone is worth Indian Rs. 300,000
millions ($6.74 billions).
The rightist Bharatiya Janata Party, (BJP), ruled Madhya
Pradesh government is expected receive an investment of a whopping Indian Rs.
544,310 millions (12.22 billions) if the already approved MoUs are clubbed with
the proposed agreements to be inked at the summit.
It may be mentioned here that Global Investors Summit is
being organized at Khajuraho for the second time after Jan. 15-16, 2007. In the
previous summit, MoUs worth Indian Rs. 390,000 millions ($8.76 billions) were
signed. It is expected that this time MoUs worth more than other summits will
be signed. Significantly, at the Indore Global Investors’ Summit, MoUs worth
Indian Rs. 12,000 billions ($26.95 billions) were signed.
The Khajuraho summit is going to become the most ambitious
and prestigious program this time for Madhya Pradesh. The preparations for
inviting investors from the country and abroad were being made for the last one
and a half years. With this purpose, industry interactive sessions were
organized at several places in India as well as in foreign countries.
At these interactive sessions, the chief minister, the
industry minister and senior officers of the Madhya Pradesh government apprised
the investors and industrialists of the better opportunities, available
resources and feasibilities of setting up industries in Madhya Pradesh. It is
the result of these sessions that 51 foreign investors have given their consent
to attend the Khajuraho summit.
Meanwhile, top industrialists of India have also agreed to
attend the summit including Anil Ambani, Kumar Mangalam Birla, Shashi Ruia,
Gautam Advani, Venu Gopal Dhoot, Subhash Chandra, Swati Peeramal, Abhay
Firodia, M.P. Oswal, Rajinder Gupta, Arun Nanda, Salil Bhandari, Suresh Prabhu,
Ravi Saran Sanghi, Baba M. Kalyani, Ramesh Chandra Agrawal, Jaiprakash Gaur,
Pramod Mittal and G.M. Rao. Not only this but for the first time Federal
Ministers will also take part in this program.
It may be pointed out here that the Madhya Pradesh
Government under the leadership of Chief Minister Shivraj Singh Chauhan has
been making extensive efforts for attracting domestic as well as foreign
investors to the State. In the series, Chauhan had undertaken a trip of
Germany, Netherlands and Italy for highlighting the Destination Madhya Pradesh
initiative from June 13 to 23.
Meanwhile, the inaugural and concluding functions as well as
all the six sectoral sessions will be held at Hotel Clarks at Khajuraho. All
the necessary arrangements and infrastructure development for smooth conduct of
this ambitious program are in the final stages.
After the inauguration, the chief minister will hold a
roundtable meeting with prominent industrialists, which will be followed by
first sectoral session. The second sectoral session will be held after the
lunch where possibilities of investment in various regions of Madhya Pradesh
will be presented. This will be followed by an open session where
industrialists and investors will express their views and the chief minister,
the industry minister and officers of the departments concerned with reply to
queries. The same day between 3 and 5 pm, Chief Minister Shivraj Singh Chauhan
will hold one-to-one meetings with industrialists and investors. At 6 pm,
industrialists and investors will attend the high tea offered by the chief
minister at Hotel Radisson. At 7 p.m., Kumudini Lakha and group will present a
dance recital at Hotel Taj Chandela following which the Chief Minister will
host a dinner in honor of the distinguished guests.
The concluding session of Global Investors Summit will be
organized on Oct. 23 between 9 am to 12 noon. Besides the chief ministers,
union ministers and prominent industrialists will address the session. The MoUs
will be signed during both inaugural and concluding session apart from during
the one-to-one meetings with the chief minister.
