Power, roads, and reforms: PM Modi details MP’s growth story at Global Investors Summit 2025

Prime Minister Narendra Modi on Monday inaugurated the ‘Invest Madhya Pradesh - Global Investors Summit 2025’ in Bhopal, calling the state a land of “infinite possibilities” for investors and industrialists.

Addressing the gathering, Modi said, “I am delighted to welcome you all to this land of Raja Bhoj. Many investors from various fields have come here today. This event is very important in making the journey from a developed Madhya Pradesh to a developed India.”

PM Modi emphasised that global confidence in India’s economic trajectory was at an all-time high.

Citing recent reports, he said, “The World Bank has predicted that India will continue to be the world’s fastest-growing economy in the coming years. A representative from the OECD has said that the future of the world lies in India. A UN organization on climate change has recognised India as a ‘superpower of solar power.’”

The World Bank recently said in its Global Economic Prospects report that India will remain the fastest-growing major economy for next two years.

Modi outlined Madhya Pradesh’s transformation over the past two decades, noting improvements in electricity, water supply, and law and order. “Two decades ago, people used to stay away from investing here, and now it is among the top states in the country for investment,” he said.

"This is the time, and right time, to invest in the state," the prime minister added.

He highlighted the state’s infrastructure growth, including a 5-lakh-km road network and a major section of the Delhi-Mumbai Expressway passing through MP, boosting connectivity to Mumbai’s ports and northern markets.

Madhya Pradesh’s electric vehicle sector has witnessed a 90% growth, with nearly 200,000 EVs registered by January 2025, he added.

The prime minister noted that Madhya Pradesh is now a power surplus state with a 31,000 MW generation capacity, 30% of which comes from clean energy sources. The state is home to the Rewa Solar Park and the Omkareshwar Floating Solar Power Plant.

He also stressed ongoing modernisation in the state’s rail and air connectivity, mentioning expanded airport terminals in Gwalior and Jabalpur and the 100% electrification of the state’s railway network.

“100% electrification of the rail network in MP has been done. The pictures of Rani Kamlapati Railway Station of Bhopal still captivate everyone. 80 railway stations of Madhya Pradesh are being modernised under the Amrit Bharat Station Scheme.”

The prime minister highlighted the Rs 45,000 crore Ken-Betwa River Linking Project, which aims to improve irrigation for 1 million hectares of agricultural land.

“This will increase the productivity of 10 lakh hectares of agricultural land. This will also give new strength to water management in MP. Such facilities will unlock a huge potential in the food processing, agriculture and textile sectors.”

Discussing economic reforms, Modi said the government had removed 40,000 compliance requirements and scrapped 1,500 outdated laws. The newly proposed State Deregulation Commission aims to further improve the ease of doing business.

A five-minute video showcasing Madhya Pradesh’s industrial and investment potential was screened before the PM’s address.

On the occasion, Chief Minister Mohan Yadav said with the organisation of the Global Investors Summit here, Madhya Pradesh will make its identity as a major global investment destination.

Yadav said his government is committed to double the state's economy in the next five years, as part of the country's commitment to make India a developed nation by 2047.