Major Activities on Day-1 in Davos

On the first day of the World Economic Forum 2026 in Davos, Madhya Pradesh made a strong and visible presence on the global agenda of investment, innovation, and sustainable development. The state government delegation held in-depth interactions with global companies and institutions across technology, renewable energy, AI, IT, agri-food, tourism and industry sectors, presenting Madhya Pradesh as an emerging, reliable, and future-ready investment destination. The first day at Davos proved to be a gateway to new opportunities for investment, collaboration, and global partnerships for the state.

Discussion with Shiru on AI-based Protein Innovation

• During WEF–2026, the Government of Madhya Pradesh held discussions with Shiru, a global leader in AI-driven protein innovation.
• Principal Secretary, Industrial Policy & Investment Promotion, Shri Raghvendra Kumar Singh, held detailed talks with Shiru’s CEO and Founder, Dr. Jasmine Hume.
• Discussions focused on AI-enabled protein innovation, agriculture-based inputs, and applied research.
• Shiru shared insights into its AI-based protein discovery and design platform that develops industry-ready, high-quality protein ingredients.
• Nearly 77% of the company’s portfolio comprises natural proteins.
• The company highlighted its strengths in technology licensing and scalable, capital-efficient production models.
• Extensive discussions were held on the applications of AI-based proteins in the food, cosmetics and health sectors.
• Shiru expressed keen interest in Madhya Pradesh’s strong agricultural ecosystem.
• A consensus was reached on collaboration with state universities and agricultural research institutions.
• An agreement was reached on joint ventures for the identification and development of crop-based protein inputs.
• Madhya Pradesh was discussed as a potential hub for applied research, pilot projects, and future production facilities.
• Both sides agreed to continue discussions to advance commercial and research partnerships.

Renewable Energy Storage Talks with Amara Raja Group

• The Madhya Pradesh delegation held key discussions with the Amara Raja Group on renewable energy and energy storage.
• New & Renewable Energy Minister Shri Rakesh Shukla and Additional Chief Secretary Shri Manu Shrivastava interacted with Group Co-founder, Chairman & MD Shri Jay Galla.
• Focus areas included renewable energy integration, energy storage, and advanced battery solutions.
• The group reviewed the progress of energy storage projects in Madhya Pradesh.
• It was informed that a major battery storage project is operational in Morena (northern Madhya Pradesh).
• The project ensures power supply for two hours during the evening peak and for two hours in the early morning.
• The state shared its long-term strategy for round-the-clock renewable energy availability.
• Plans for integrated battery storage solutions and pump storage policy were discussed.
• Hybrid energy models such as hydro-solar and thermal-solar were also evaluated.
• Both sides agreed to continue dialogue and data exchange on potential collaboration.

Talks with HCL Tech on Tier-2 Technology Hubs

• On the first day in Davos, the Madhya Pradesh delegation held an important meeting with HCLTech.
• Discussions with Corporate Vice President Shri Abhay Chaturvedi focused on expansion opportunities in Madhya Pradesh as a Tier-2 technology hub.
• The state highlighted skilled manpower, reliable power infrastructure, global connectivity, GCC Policy, cost advantages, and ready-to-move office spaces.
• Incentives related to lease rent, skill development, employment generation, single-window clearance, and ease of doing business were presented.
• HCL Tech expressed interest in future technology centers and offshore development centers in the state.
• Both sides agreed to prepare a strategic roadmap for potential expansion.

Madhya Pradesh–Israel Dialogue on Technology & Innovation

• At the Madhya Pradesh State Lounge, discussions were held with the Israel Innovation Authority.
• Chairman Dr. Alon Stopel interacted with Principal Secretary Shri Raghvendra Kumar Singh.
• Focus was on technology-driven economic growth and innovation partnerships.
• Israel’s capabilities in quantum technology, ed-tech, defence tech, water solutions, and R&D ecosystems were presented.
• Madhya Pradesh proposed G2G collaboration, pilot projects, start-up innovation, and technology demonstrations.
• Both sides agreed to develop a formal cooperation framework and identify priority sectors.

Dialogue with TouchLab on AI & Emerging Technologies

• The state discussed collaboration opportunities with the AI-based company TouchLab.
• Advisor Shri Hervé Couraye shared global experience in advanced AI solutions.
• The state highlighted its phased, practical AI strategy, affordable power infrastructure, and start-up ecosystem.
• NATRAX was presented as a unique asset for advanced mobility and AI-based testing.
• TouchLab expressed interest in cybersecurity and online gaming applications aligned with AVGC-XR and digital innovation policies.
• Both sides agreed to continue dialogue on AI-focused pilot projects and ecosystem partnerships.

Green Energy Investment Dialogues

• Minister Shri Rakesh Shukla held multiple meetings on green energy investments, highlighting Madhya Pradesh’s renewable energy roadmap and investor-friendly policies.

Meeting with Green Energy-3000

• Discussions were held with Green Energy 3000, a German-based company.
• The company expressed interest in renewable energy projects and shared details of its EPC, project financing, and equity investment capabilities.
• Future participation in upcoming tenders and technical discussions was agreed upon.

Further Course of Action – Green Energy 3000

• Additional Chief Secretary, New & Renewable Energy, Shri Manu Shrivastava, shared details of the recently concluded tenders in Madhya Pradesh.
• Opportunities for the company’s potential participation in upcoming tenders were discussed.
• Both sides agreed to take forward technical discussions on project structures and bidding processes.
• The meeting reflects the state’s efforts to accelerate investment in clean energy projects.

Meeting with Peace Invest

• Minister Shri Shukla met Shri Yusuf Merchant, Chief Investment Officer of Geneva-based Peace Invest.
• The meeting featured detailed discussions on sustainability-driven investments in the water and energy sectors.
• Peace Invest shared its approach to promoting human-centric development through impact investments across the Global South.
• Minister Shri Shukla presented Madhya Pradesh’s achievements in renewable energy and highlighted investment opportunities in water–energy-based projects.
• Possibilities of advancing clean energy and water management projects through co-investment models were explored.
• Principal Secretary, Industrial Policy & Investment Promotion, Shri Raghvendra Kumar Singh, and Commissioner, Public Relations, Shri Deepak Saxena, were also present at the meeting.
• Officials briefed the delegation on the state’s policy framework, investor-friendly environment, and upcoming project pipeline.
• Both sides agreed to maintain continued dialogue on sustainable and impact-oriented projects in the water and energy sectors.

Engagement with Global Investors: Possibilities for Investments in MP

• During the World Economic Forum 2026 in Davos, Minister for New & Renewable Energy Shri Rakesh Shukla held meetings with representatives of several leading global and national institutions to discuss investment opportunities in Madhya Pradesh.
• The meetings featured extensive discussions on investment prospects across renewable energy, manufacturing, tourism, media, IT, and industrial collaboration.
• Discussions were held with the ‘Japan Bank for International Cooperation’ Representative Director and Executive Managing Director Shri Hashiyama Shigeto on JBIC-supported projects in Madhya Pradesh.
• Deliberations covered manufacturing policies, yen loans, collaborative tie-ups, and investment opportunities in solar and renewable energy.
• Minister Shukla highlighted the state’s agricultural potential, land availability, and rich natural resources.
• Detailed discussions were also held on investment opportunities in renewable energy, food processing, pharmaceuticals, chemicals and textiles sectors.

Reliance Industries Limited

• Talks with Reliance Industries Limited on renewable energy partnerships and bio-energy projects in the Chambal region.
• In-depth deliberations were held on bio-energy projects in the Chambal region.

JioStar

• A meeting was held with officials of JioStar on tourism branding.
• Discussions focused on the global promotion of Madhya Pradesh’s tourism destinations through high-quality video and audio documentation.
• A Consensus was reached on showcasing the state’s natural and cultural heritage on international platforms such as National Geographic.

Bloomberg Media

• A meeting was held with Ms. Sunita Rajan, Managing Director of Bloomberg Media.
• Discussions focused on connecting Madhya Pradesh with key national and international stakeholders from the business and policy ecosystem.
• Possibilities of Madhya Pradesh’s representation at the proposed Bloomberg New Economy Forum, to be held in India in October, were also explored.
• Detailed discussions on renewable energy projects were held with Shri Pradip Kumar Das, Chairman and Managing Director of the Indian Renewable Energy Development Agency.
• Deliberations covered implementation and financial support for solar, wind, bio-energy, and other renewable energy projects.
• The role of IREDA in promoting clean and green energy in the state was discussed.
• IREDA was briefed on Madhya Pradesh’s favourable policies, adequate land availability, and investor-friendly environment.
• Both sides agreed to further strengthen cooperation and investment in the renewable energy sector.
• Detailed discussions with the Indian Renewable Energy Development Agency on financing solar, wind, and bio-energy projects.

Tech Mahindra

• Discussions were held with Shri Harshul Asnani, Chairman of Tech Mahindra, on the company’s potential entry and expansion in Madhya Pradesh.
• The discussions placed special focus on the expansion of IT and BPO operations in Tier 2 cities.
• Skill development and employment generation through collaboration with educational and training institutions were also deliberated.
• The state’s robust infrastructure, improved quality of life and skilled workforce were highlighted as key investment attractions.
• Madhya Pradesh was described as a rapidly emerging state in IT and digital services.
• Minister Shri Rakesh Shukla stated that Madhya Pradesh is fast emerging as a preferred investment destination due to progressive policies, stable governance, and abundant resources.
• Such engagements, he added, will provide fresh momentum to sustainable development, green energy goals, and employment generation in the state.