Startup Hub and Centre of Excellence in MP Proposed by Google Cloud

Nitin Konde

Aug 9, 2024 — 2 min read

Madhya Pradesh Chief Minister Dr. Mohan Yadav

Google Cloud has suggested creating a Startup Hub and Centre of Excellence in Madhya Pradesh, according to Chief Minister Dr. Mohan Yadav. The purpose of this initiative is to train locals to become tech professionals. Continuing on this positive trajectory, the Chief Minister also announced that proactive discussions have been started with Hindustan Aeronautics Limited, the esteemed maker of the Tejas fighter aircraft, regarding the establishment of a defense-related industry in Madhya Pradesh. This endeavour is expected to produce encouraging outcomes.

Also, NVIDIA has proposed making Madhya Pradesh the "Intelligence Capital of India" by drawing up plans to promote the state.

Promising investment ideas totalling around Rs 3,200 crore were received by the state of Madhya Pradesh during the Invest Madhya Pradesh interactive session that was held in Bengaluru. The investments are expected to boost the economy of Madhya Pradesh and provide approximately 7,000 new job opportunities.

According to Chief Minister Dr. Yadav, the event was a huge financial success. While pointing out the similarities in the corporate landscapes of Madhya Pradesh and Karnataka, he emphasised the close fraternal relations between the two states.

Trade, business, and industrial operators from the neighbouring state of Karnataka were encouraged to investigate expansion potential within Madhya Pradesh through the Invest Madhya Pradesh program organised in Karnataka. By working together, the state is demonstrating its dedication to promoting synergies across different regions and attracting investment through its advantageous position and laws that are attractive to investors.

Strengthening of Links Between Karnataka and Madhya Pradesh

At the forthcoming Regional Industry Conclave in Gwalior on August 28, Chief Minister Dr. Yadav will make sure that the beneficial outcomes from the investment proposals received during the Bengaluru session are clearly shown. He explained that in order to entice investors to Madhya Pradesh, the state government had planned to travel to other states and meet with business owners and industry leaders face-to-face. Further, he hoped that the growing linkages between Madhya Pradesh and Karnataka will keep growing and strengthening, leading to better economic ties and synergies between the two regions.

More Than 500 Big Players Likely to Invest in MP

A statement from the Directorate of Public Relations, MP, states that talks between the state's IT development and top IT companies like NASSCOM, Infosys, Cognizant, TCS, Happiest Minds, SAP, etc., as well as representatives from the space technology sector, are expected to produce positive outcomes. According to the statement, about 500 individuals from Karnataka and the neighbouring states took part in the programme that concluded recently.

More than thirty prominent businesspeople, including representatives from Lapp India, Reliance Consumer, DHL Global, Tech Mahindra, Microsoft, Kaynes Technology, and Kirloskar Systems, met one-on-one to discuss the roadmap for future investment in the state.