On February 11, ahead of the Global Investors Summit, the Madhya Pradesh government approved seven new policies in the cabinet to attract investors. These policies include the Industrial Promotion Policy 2025 along with initiatives focused on employment, business, exports, and increasing foreign investments. The government claims that these policies will generate 20 lakh jobs by 2030. The industrial sector’s contribution to the state's GDP is expected to rise from ₹2.9 lakh crore to ₹6 lakh crore. The target for the first year is 3 lakh jobs.
Chief Minister Dr. Mohan Yadav stated that these policies will create significant opportunities for investors. The government has provided various exemptions and incentives through 10 sub-policies under the Industrial Investment and Promotion Policy. Furthermore, the time frame for approvals and No Objection Certificates (NOCs) has been defined under the Service Guarantee Act. Previously, businesses required 30 approvals and NOCs to set up industries, but now the process has been streamlined to just 10. Additionally, FDI channels have been opened with 1.2 times the basic investment promotion assistance available for such investments.