Investment Proposals Worth Rs. 56,414 Crore Received at Katni Mining Conclave: CM Dr. Yadav

Chief Minister Dr. Mohan Yadav said that Madhya Pradesh has never lagged behind in mineral resources and is now moving swiftly to become India’s leading ‘Mining State’ in line with emerging opportunities and challenges. He emphasised that this is the right time to invest in Madhya Pradesh, assuring industrialists that the government will provide every possible support to help them realise their biggest ambitions. CM Dr. Yadav was addressing industrialists from the mining sector and potential investors at the ‘Madhya Pradesh Mining Conclave2.0’ organised in Katni on Saturday. He expressed happiness that the conclave has been highly successful in exploring new opportunities in mineral exploration and mining. The government has received investment proposals worth Rs. 56,414 crore from eight mining companies at the Katni Conclave.

The Chief Minister informed that the State Government has signed three important MoUs to strengthen the sector. With Coal India Limited for exploration, processing and development of critical minerals. With Texmin ISM Dhanbad for the use of Artificial Intelligence, IoT, Blockchain and Remote Sensing in mining. With IISER Bhopal for mineral exploration research. He said that these MoUs will give new heights to Madhya Pradesh’s mining sector.

Chief MinisterDr. Yadav underlined that copper holds greater importance in Indian tradition than even gold or silver. He said, “Prime Minister Shri Narendra Modi is a visionary leader who has set an exemplary model of inclusive development in Gujarat”. Stressing India’s philosophy of utilisation, not exploitation, he said, “Our culture is of ‘live and let live’. Industrialists not only move ahead themselves but also create opportunities for others.”

Highlighting the state’s strengths, he noted that Madhya Pradesh has abundant land banks, electricity, and water. Soon, the state will also have air cargo facilities and two metropolitan cities.

The Chief Minister Dr. Yadav said that Katni is rich in minerals and now critical minerals are also being discovered. Just as Panna is famous for diamonds, Katni too may hold deposits of gold. Transparent policies have been implemented for development across all sectors. After organizing industrial conclaves, the government is now holding sector-based conclaves, including the Spiritual Conclave in Ujjain on August 27 and the Tourism Conclave in Gwalior on August 31.

CM Dr. Yadav announced that the state government is starting hospitals along with medical colleges on PPP mode. For setting up medical colleges, the government will provide 25 acres of land for just Re. 1. An MoU for four new medical colleges will be signed on August 25 in the presence of the Union Health Minister. To promote ease of doing business, the number of required approvals has been reduced from 29 to just 10. Labor laws have been amended to allow women to work in night shifts. “Other states are now learning from Madhya Pradesh’s policies,” he said. The government is working at full speed to make Madhya Pradesh the No. 1 state in the country.

Investment Proposals

Total Proposed Investment: Rs. 56,414 Crore

MoUs Signed at the Conclave

At the conclave, the State Government signed an MoU with Coal India Limited for the exploration, processing, and development of critical minerals. The MoU was exchanged by Dr. Chandra Shekhar Singh (HoD, Critical Minerals), Shri Biranchi Das (Director, HR SSEL), Shri Frank Nobel A. (Director & GDM, MP State Mining Corporation) and Principal Secretary Shri Umakant Umrao. This agreement, through the world’s largest mining company and state exploration agencies, will give Madhya Pradesh new heights in the field of critical minerals.

Additionally, an MoU was signed with Texmin ISM, Dhanbad for the application of Artificial Intelligence, IoT, Blockchain and Remote Sensing in the mining sector, and with the Indian Institute of Science Education and Research (IISER), Bhopal for mineral exploration research. Chief Minister Dr. Mohan Yadav also held one-to-one meetings with industrialists during the conclave.

CM Dr. Yadav Holds Virtual Interaction with Industrialists

CM Dr. Yadav interacted virtually with Shri Rajeev Mundra (Kolkata), Shri J.P. Agarwal (Sri Lanka), Shri Vivek Bhatia (Delhi), Shri V. Sairam (Cochin) and Shri Thomas Cherian (Hyderabad) regarding their investment plans and experiences.

The industrialists expressed gratitude to the Chief Minister, stating that Madhya Pradesh’s simple and investor-friendly industrial policies enabled them to set up units in record time—something not possible in other states. Shri Vivek Bhatia said that Madhya Pradesh is being viewed distinctly across India, with over 100 mining companies associated with CII seeing immense potential in the state’s mining sector. Various activities are underway at Bina Refineries and other locations, and several international companies are keen to expand investment in the state.

Shri V. Sairam stated that his company contributes 18% of Coal India’s total production, with Singrauli being a major coal hub. He noted that thanks to industry-centric policies of the Centre and State Government, his company received forest clearance in just 55 days. Shri Thomas Cherian emphasized the importance of critical minerals for the country, highlighting their abundance in Madhya Pradesh. He added that the Aditya Birla Group is ready to work with the government in this sector.

CM Dr. Yadav Has Accelerated Industrial Development: Minister Shri Singh

District In-Charge Minister Shri Uday Pratap Singh said that minerals extracted from the womb of Mother India are sold worldwide, and through industrialists, Mother Earth is managing the balance of resources. He praised CM Dr. Yadav for transforming the state’s image from an agriculture-based economy to one driven by industrial development. Earlier, discussions of industry were limited to states like Gujarat, Karnataka, and Tamil Nadu, but Madhya Pradesh is now emerging as a major player. He added that the State Government has consistently organized industry-focused events, drawing unprecedented investment, and has rolled out various schemes to effectively support new entrepreneurs.

Madhya Pradesh’s Land is a ‘Treasure Trove’ of Minerals: MP Shri Sharma

Khajuraho MP Shri V.D. Sharma said that CM Dr. Yadav is making continuous efforts to make Madhya Pradesh economically prosperous. Under the guidance of Prime Minister Shri Narendra Modi, the State Government is working to take Madhya Pradesh forward as a whole. He said the land of Madhya Pradesh is truly Ratnagarbha (Rich in Resources). The Katni Mining Conclave will prove to be a milestone in the state’s development. Along with diamond mining in Panna, polishing will also be done locally, generating employment for the youth. He suggested that a Mining Institute should be established in Katni for skill development of young people, similar to the one already set up in Singrauli. He expressed confidence that Katni will emerge as a major industrial hub in the future.

Industrialists Share Their Experiences

Hindustan Copper Limited Chairman Shri Sanjeev Kumar Singh said that copper is an eternal metal, with India having a rich history of its use since ancient times. Out of the company’s 12 million-tonne copper production capacity, 5 tonnes will come from the Malanjkhand mines. The company also donated 32 tonnes of copper for the construction of the Ram Temple. He affirmed that with the support of Chief Minister Dr. Mohan Yadav, Madhya Pradesh will become a leader in copper production.

Managing Director of Mineware Advisors, Shri Kaushik Bose, said that his company specialises in mechanised mining and has proposed an investment of Rs. 450 crore in the state. He expressed gratitude to the Government of Madhya Pradesh and CM Dr. Yadav for the facilities and support being extended. Other participating industrialists also shared their experiences and praised the state’s mining policies.

Principal Secretary, Mineral Resources, Shri Umakant Umrao, said that Madhya Pradesh’s land not only yields diamonds but also gold. He emphasized that Madhya Pradesh is the only state in India where every type of mineral is found. The state leads the nation in copper production and is also among the top producers of limestone and diamonds. Several minerals here are available in high-grade quality. Every district of Madhya Pradesh has some mineral wealth—coal and bauxite in Shahdol, coal in Chhindwara, graphite in Betul, and more. He said Madhya Pradesh already has 5 lakh kilometres of roads, a surplus of electricity, and sufficient water availability, along with institutes producing 1 lakh trained students every year. Petroleum and gas reserves have been identified in 12 blocks, while the state contributes 37% of India’s coal bed methane production. He revealed that deposits of gold have been found in Jabalpur and 30 critical minerals, including graphite, have been identified. A lithium and iron ore belt has also been marked in Sidhi. He invited industrialists, saying, “Come to the heart of India—Madhya Pradesh. Here, you will find not only gold and diamonds but much more.”

Principal Secretary, Industrial Policy & Investment Promotion, Shri Raghvendra Kumar Singh, said Madhya Pradesh has a land bank of over 1 lakh acres, surplus power of which 20% comes from green energy, and aims to increase green energy to 50% of its energy basket by 2030. He highlighted the availability of skilled and affordable labour in the state and assured that the government fulfils all its promises to investors. The state has four industrial corridors, with one more planned, and a multi-modal industrial depot is coming up in Katni. Over 5,000 startups are already active in Madhya Pradesh. In February, the government introduced 18 new business-friendly policies. He further added that the government provides up to 40% assistance for setting up industrial units. Referring to Prime Minister Shri Narendra Modi’s emphasis on not just Ease of Doing Business but alsoSpeedof Doing Business during a trade agreement in London, he said Madhya Pradesh is enabling investors to establish industries within just 30 days. The state has implemented the Madhya Pradesh Jan Vishwas Bill, ensuring people’s trust in governance.

Following the Global Investors Summit (GIS) in Bhopal, which attracted investment proposals worth Rs. 30.77 lakh crore, the state has since received an additional Rs. 1 lakh crore worth of investments through various programs. Regional industry conclaves across different sectors are also being organised to ensure integrated development of Madhya Pradesh.