Chief Minister Dr. Mohan Yadav has stated that Madhya Pradesh is rich in skilled management and natural resources. The presence of the LAP Group in the state for over a decade reflects that Madhya Pradesh\u2019s reach extends not only across India but also to the markets of South Asia. The group has invested over \u20b9100 crore in Madhya Pradesh, choosing it as a base after Bengaluru.<\/p>\n\n\n\n
CM Dr. Yadav reassured German investors that under the leadership of Prime Minister Shri Narendra Modi, investment opportunities have expanded both in India and specifically in Madhya Pradesh. He emphasized that with the visionary leadership of the Prime Minister, the state\u2019s strength has been doubled.<\/p>\n\n\n\n
During his visit to Germany, CM Dr. Yadav on Friday visited the LAP (LAPP) Group factory in Stuttgart, where he interacted with the Group\u2019s CEO, Mr. Matthias Lap, and his team. Dr. Yadav also invited various industrial groups to invest in Madhya Pradesh, highlighting the abundant opportunities available for investors.<\/p>\n\n\n\n
CM Dr. Yadav extended an invitation to investors to participate in the proposed Global Investors Summit in Bhopal. He assured that investing in Madhya Pradesh would open new doors of opportunity for industries.<\/p>\n\n\n\n
Dr. Yadav also highlighted the historical ties between India and Germany and expressed his pleasure that after Bengaluru, the LAP Group chose Madhya Pradesh as its base for the factory. He thanked CEO Matthias Lap for investing over \u20b9100 crore in Madhya Pradesh since 2012.<\/p>\n\n\n\n
It is noteworthy that the LAP (LAPP) Group is a leading company in industrial cabling and connectivity solutions. Founded in 1959, the company manufactures industrial cables, connectors, and accessories for sectors such as energy, automotive, machine manufacturing, and industrial automation. The group operates a state-of-the-art research center and produces high-quality products for these industries.<\/p>\n\n\n\n
LAP Group\u2019s subsidiary in India, LAPP India Private Limited, has invested Rs.141.5 crore in its manufacturing facility located in Peelkhedi (Rajgarh) over the last decade. Investments include Rs.44 crore in 2012 for the production of single-core wires, Rs.13.5 crore in 2014 for expanding the multi-core control cable product line, Rs.22 crore in 2018 for expanding manufacturing capacity under the \u2018Make in India\u2019 initiative, and Rs.62 crore in 2024 for a new e-beam and compounding plant, creating new employment opportunities.<\/p>\n\n\n\n
The company has expanded its manufacturing unit to 30,000 square feet, directly providing employment to hundreds of people in and around Bhopal and Rajgarh.<\/p>\n","protected":false},"excerpt":{"rendered":"
Chief Minister Dr. Mohan Yadav has stated that Madhya Pradesh is rich in skilled management and natural resources. The presence of the LAP Group in the state for over a decade reflects that Madhya Pradesh\u2019s reach extends not only across India but also to the markets of South Asia. The group has invested over \u20b9100 …<\/p>\n","protected":false},"author":4,"featured_media":23990,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[57],"tags":[80],"post_format":[],"flags":[],"class_list":["post-23989","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-india-news","tag-india"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/mavericknews30.com\/index.php?rest_route=\/wp\/v2\/posts\/23989","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mavericknews30.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mavericknews30.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mavericknews30.com\/index.php?rest_route=\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/mavericknews30.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=23989"}],"version-history":[{"count":1,"href":"https:\/\/mavericknews30.com\/index.php?rest_route=\/wp\/v2\/posts\/23989\/revisions"}],"predecessor-version":[{"id":23991,"href":"https:\/\/mavericknews30.com\/index.php?rest_route=\/wp\/v2\/posts\/23989\/revisions\/23991"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mavericknews30.com\/index.php?rest_route=\/wp\/v2\/media\/23990"}],"wp:attachment":[{"href":"https:\/\/mavericknews30.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=23989"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mavericknews30.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=23989"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mavericknews30.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=23989"},{"taxonomy":"post_format","embeddable":true,"href":"https:\/\/mavericknews30.com\/index.php?rest_route=%2Fwp%2Fv2%2Fpost_format&post=23989"},{"taxonomy":"flags","embeddable":true,"href":"https:\/\/mavericknews30.com\/index.php?rest_route=%2Fwp%2Fv2%2Fflags&post=23989"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}