Global Investors Summit, Indore
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Global Investors Summit, officially the Invest Madhya Pradesh Global Investors Summit or GIS is a biennial business summit organized by
Government of Madhya Pradesh Government of Madhya Pradesh also known as the State Government of Madhya Pradesh, or locally as the State Government, is the supreme governing authority of the Indian state of Madhya Pradesh and its 52 districts. It consists of an executive ...
in
Indore Indore () is the largest and most populous city in the Indian state of Madhya Pradesh. It serves as the headquarters of both Indore District and Indore Division. It is also considered as an education hub of the state and is the only city to ...
, the commercial capital of central India to attract domestic and foreign investment for development of the state. Based on the theme– India's Growth Centre and aimed at bringing together business leaders, investors, corporations, thought leaders, policy and opinion makers; the summit serves as a perfect platform to understand and explore business opportunities in the State of
Madhya Pradesh Madhya Pradesh (, ; meaning 'central province') is a state in central India. Its capital is Bhopal, and the largest city is Indore, with Jabalpur, Ujjain, Gwalior, Sagar, and Rewa being the other major cities. Madhya Pradesh is the seco ...
. In 2019, the summit was held with the title 'Magnificent MP Summit' by then Chief Minister
Kamal Nath Kamal Nath (born 18 November 1946) is an Indian politician who served as the 18th Chief Minister of Madhya Pradesh for approximately 15 months and resigned after a political crisis. He was the Leader of the Opposition in the Madhya Pradesh Le ...
in
Indore Indore () is the largest and most populous city in the Indian state of Madhya Pradesh. It serves as the headquarters of both Indore District and Indore Division. It is also considered as an education hub of the state and is the only city to ...
. * GIS 2007 - Signed 102 MOUs worth Rs 1.20 Trillion * GIS 2010 - Signed 107 MOUs for setting up projects worth Rs 2.35 Trillion * GIS 2012 - Signed 259 MOUs for setting up projects worth Rs 4.31 Trillion * GIS 2016 - 2630 Investments proposed worth ₹5.63 Trillion.


Focus Sectors

The primary focus sectors of the summit are * Agribusiness & Food processing *
Automobile A car or automobile is a motor vehicle with wheels. Most definitions of ''cars'' say that they run primarily on roads, seat one to eight people, have four wheels, and mainly transport people instead of goods. The year 1886 is regarde ...
&
Engineering Engineering is the use of scientific principles to design and build machines, structures, and other items, including bridges, tunnels, roads, vehicles, and buildings. The discipline of engineering encompasses a broad range of more speciali ...
*
Defence Defense or defence may refer to: Tactical, martial, and political acts or groups * Defense (military), forces primarily intended for warfare * Civil defense, the organizing of civilians to deal with emergencies or enemy attacks * Defense indus ...
* IT/ITES & ESDM * Renewable Energy * Pharmaceuticals *
Textile Textile is an umbrella term that includes various fiber-based materials, including fibers, yarns, filaments, threads, different fabric types, etc. At first, the word "textiles" only referred to woven fabrics. However, weaving is not the ...
*
Tourism Tourism is travel for pleasure or business; also the theory and practice of touring, the business of attracting, accommodating, and entertaining tourists, and the business of operating tours. The World Tourism Organization defines tourism mor ...
* Urban Development


GIS 2012-2014 Highlights

GIS 2014 was organized from 8–10 October 2014 in Brilliant Convention Centre,
Indore Indore () is the largest and most populous city in the Indian state of Madhya Pradesh. It serves as the headquarters of both Indore District and Indore Division. It is also considered as an education hub of the state and is the only city to ...
and was inaugurated by the
prime minister A prime minister, premier or chief of cabinet is the head of the cabinet and the leader of the ministers in the executive branch of government, often in a parliamentary or semi-presidential system. Under those systems, a prime minister i ...
of
India India, officially the Republic of India (Hindi: ), is a country in South Asia. It is the seventh-largest country by area, the second-most populous country, and the most populous democracy in the world. Bounded by the Indian Ocean on the so ...
, Shri
Narendra Modi Narendra Damodardas Modi (; born 17 September 1950) is an Indian politician serving as the 14th and current Prime Minister of India since 2014. Modi was the Chief Minister of Gujarat from 2001 to 2014 and is the Member of Parliament fro ...
. Top names in Indian business who participated in the event were Mukesh Ambani, Anil Ambani,
Cyrus Mistry Cyrus Pallonji Mistry (4 July 1968 – 4 September 2022) was an Indian businessman. He was the chairman of the Tata Group, an Indian business conglomerate, from 2012 to 2016. He was the sixth chairman of the group, and only the second (af ...
, YC Deveshwar and
Gautam Adani Gautam Shantilal Adani (born 24 June 1962) is an Indian billionaire industrialist who is the chairman and founder of Adani Group, a multinational conglomerate involved in port development and operations in India. He is also the president of ...
etc. Six countries including Canada, Australia, and South Africa were partner-nations at the event. Ambassadors from 21 countries attended the summit. GIS 2012 was held in
Indore Indore () is the largest and most populous city in the Indian state of Madhya Pradesh. It serves as the headquarters of both Indore District and Indore Division. It is also considered as an education hub of the state and is the only city to ...
from 28 to 30 October 2012 and many projects and MoUs were signed in the three days of the summit. Of these investment plans, major investment are: * Setting up an air cargo hub at
Indore Indore () is the largest and most populous city in the Indian state of Madhya Pradesh. It serves as the headquarters of both Indore District and Indore Division. It is also considered as an education hub of the state and is the only city to ...
, for which 500 hectares of land would be acquired near existing
Devi Ahilyabai Holkar Airport Devi Ahilya Bai Holkar Airport is an international airport that principally serves Indore and adjacent regions in Madhya Pradesh. It is the busiest airport in Central India and is located west of Indore. According to the statistics released b ...
. * Reliance Anil Dhirubhai Ambani Group will enhance its integrated power plants in Madhya Pradesh at an investment of Rs 25000 crores. * HUDCO to invest Rs 2,000 crore to strengthen urban water supply and urban infrastructure development schemes. * MTech Metals & Mining has inked MoU to invest Rs 9,000 crore in an integrated steel plant and an auto park to be set up in
Jabalpur division Jabalpur Division is an administrative geographical unit of Madhya Pradesh state of India. Jabalpur is the administrative headquarters of the division. As of 2005, the division consists of districts of Balaghat, Chhindwara, Jabalpur, Katni, Mandla ...
. *
Future Group Future Group is an Indian conglomerate, founded by Kishore Biyani and based in Mumbai. The company is known in Indian retail and fashion sectors, operating supermarket chains Big Bazaar and Food Bazaar, lifestyle stores Brand Factory and Centra ...
plans to invest Rs 2,500 crore for an integrated food park and to create jobs for 21,400 people. *
Vellore Institute of Technology Vellore Institute of Technology (VIT) is a private research deemed university located in Katpadi in Vellore, India. Founded in 1984 as ''Vellore Engineering College'' by G. Viswanathan, the institution offers 66 Undergraduate, 58 Postgraduate ...
plans to invest Rs 500 crore to set up a university in the state. * Bharat Forge will invest Rs 1,880 crore to set up a steel plant at
Shahdol Shahdol is a city in Shahdol district in the Indian state of Madhya Pradesh. It is the administrative headquarters of Shahdol district, The total geographical area of the district is . Demographics India census A census is the procedure ...
and auto-component plants near
Indore Indore () is the largest and most populous city in the Indian state of Madhya Pradesh. It serves as the headquarters of both Indore District and Indore Division. It is also considered as an education hub of the state and is the only city to ...
. *
Tata Consultancy Services Tata Consultancy Services (TCS) is an Indian multinational information technology (IT) services and consulting company with its headquarters in Mumbai. It is a part of the Tata Group and operates in 150 locations across 46 countries. In July ...
will invest Rs 410 crore in
Indore Indore () is the largest and most populous city in the Indian state of Madhya Pradesh. It serves as the headquarters of both Indore District and Indore Division. It is also considered as an education hub of the state and is the only city to ...
to create 12,000 jobs. *
Steel Authority of India Limited Steel Authority of India Limited (SAIL) is a central public sector undertaking based in New Delhi, India. It is under the ownership of Ministry of Steel, Government of India with an annual turnover of INR 1,03,480 Crore (US$13 billion) for fis ...
plans to invest Rs 5000 crore in an iron plant at Chhatarpur. * Stem Learning Ltd plans to invest Rs 80 crore to train 20,000 students * Rockland Hospital will invest Rs 300 crore in a super-speciality hospital. * NTPC has inked an MoU to invest Rs 9000 crore to set up a 1,200 MW thermal power station at Khargon. * American Copper Limited plans to invest Rs 1856 crore in a 500 metric tonnes per annum copper plant in Balaghat.


GIS 2016 Highlights

The Global Investors Summit 2016 was organised on 22 and 23 October at Brilliant Convention Centre, Indore. On 21 October 2016, the Global CEO conclave was held where 150 Ambassadors of partner countries, CEOs of industrial groups and representatives from abroad shared dinner with the
Chief Minister A chief minister is an elected or appointed head of government of – in most instances – a sub-national entity, for instance an administrative subdivision or federal constituent entity. Examples include a state (and sometimes a union terri ...
of
Madhya Pradesh Madhya Pradesh (, ; meaning 'central province') is a state in central India. Its capital is Bhopal, and the largest city is Indore, with Jabalpur, Ujjain, Gwalior, Sagar, and Rewa being the other major cities. Madhya Pradesh is the seco ...
and discussed investment opportunities in the state. GIS 2016 was partnered by six countries the
United Kingdom The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Europe, off the north-western coast of the European mainland, continental mainland. It comprises England, Scotlan ...
,
UAE The United Arab Emirates (UAE; ar, اَلْإِمَارَات الْعَرَبِيَة الْمُتَحِدَة ), or simply the Emirates ( ar, الِْإمَارَات ), is a country in Western Asia (The Middle East). It is located at th ...
,
Singapore Singapore (), officially the Republic of Singapore, is a sovereign island country and city-state in maritime Southeast Asia. It lies about one degree of latitude () north of the equator, off the southern tip of the Malay Peninsula, bor ...
, Japan and
South Korea South Korea, officially the Republic of Korea (ROK), is a country in East Asia, constituting the southern part of the Korean Peninsula and sharing a land border with North Korea. Its western border is formed by the Yellow Sea, while its eas ...
. The foundation stone for state's Make in Madhya Pradesh initiative was laid by chief minister at the event. GIS 2016 was inaugurated by
Finance Minister A finance minister is an executive or cabinet position in charge of one or more of government finances, economic policy and financial regulation. A finance minister's portfolio has a large variety of names around the world, such as "treasury", ...
of
India India, officially the Republic of India (Hindi: ), is a country in South Asia. It is the seventh-largest country by area, the second-most populous country, and the most populous democracy in the world. Bounded by the Indian Ocean on the so ...
, Shri
Arun Jaitley Arun Jaitley (28 December 1952 – 24 August 2019) was an Indian politician and attorney. A member of the Bharatiya Janata Party, Jaitley served as the Minister of Finance and Corporate Affairs of the Government of India from 2014 to 2019. Jai ...
. Baba Ramdev and
Gopichand Hinduja Gopichand Parmanand Hinduja ( Sindhi: गोपीचंद परमानंद हिंदुजा) (born 29 January 1940) is an Indian-born British billionaire businessman controlling the Indian conglomerate Hinduja Group. For many year ...
attended the event for the first time. Top names in Indian business who participated in the event were Anil Ambani,
Kumar Mangalam Birla Kumar Mangalam Birla (born 14 June 1967) is an Indian billionaire industrialist, philanthropist, Chartered Accountant and the chairman of the Aditya Birla Group, one of the largest global conglomerates in India. He is also the chancellor of t ...
. The valedictory session was presided over by Minister for external affairs,
Sushma Swaraj Sushma Swaraj () (''née'' Sharma; 14 February 1952 – 6 August 2019) was an Indian lawyer, politician, and diplomat who served as the Minister of External Affairs of India in the first Narendra Modi government from 2014 to 2019. She is only ...
. Total number of MOUs signed and total investment figures are yet to be confirmed by the government.


See also

*
Government of Madhya Pradesh Government of Madhya Pradesh also known as the State Government of Madhya Pradesh, or locally as the State Government, is the supreme governing authority of the Indian state of Madhya Pradesh and its 52 districts. It consists of an executive ...
*
Economy of Madhya Pradesh The economy of Madhya Pradesh refers to the economic growth with respect to the Indian state of Madhya Pradesh. It grew 12% in GDP for the year of 2011–12, for which it received an award from the President Pranab Mukherjee in January 2013 for i ...


References

{{Government Schemes in India Economy of Madhya Pradesh Economy of Indore Business conferences in India Investment in India