Bhopal, Oct 24 (UNI) Madhya Pradesh Chief Minister Shivraj Singh Chouhan today said industrialisation has gained a fresh momentum in the state.
Mr Chouhan, while laying foundations for an industrial and Agrotech project being set up by Abhishek Industries at Budhni today, said nothing could stop Madhya Pradesh from progressing.
Pointing out that Madhya Pradesh had already shed the tag of a BIMARU state and would soon join the league of most developed states, he said MoUs signed at Khajuraho investors' meet in January last have started taking concrete shape.
The Abhishek Industries of the Trident Group had signed a MoU on January 15 at Khajuraho for the project, for which the foundation had been laid today Mr Chouhan said an industrial revolution is in the making in Madhya Pradesh, an official release said here today.
Fresh employment avenues would open for youth of the state in industrial sector. The textile industry at Budhni would throw open employment for about 3,000 youth.
Mr Chouhan asked the proprietor of the Trident Group to set a technical institute at Budhni to impart training to local youth.
This would provide trained technical hands to meet requirements of industry. He hoped that the technical institute would be inaugurated on April 14 next, the Vaisakhi day.
Mr Chouhan stressed the need for the farmers to adopt modern techniques of farming to maximise production.
The Chief Minister said the Agrotech project would help farmers of the area get remunerative return of flowers, fruits and vegetables grown by them.
The industry would provide a good market to the farmers. Mr Chouhan assured that to make arrangements a daily railway wagon from Itarsi to send the fruits and vegetables to Delhi, Mumbai, Kolkata and Chennai.
He said the proposed sugar factory of Abhishek Industries would improve the economic condition of the farmers.
He said farmers had been paid compensation at market rate for the 700 acre land acquired from them for this industry. The industrial complex being set up at Budhni would open up new vistas of development in the area.
Industries Minister Jayant Malaiya said adequate availability of land and electricity plus other suitable conditions have created a favourable atmosphere for investment in Madhya Pradesh.
On the basis of the MoUs signed last months, projects costing about Rs 30,000 crore are in the process of implementation.
Till 4-5 years back industrialists were reluctant to invest in Madhya Pradesh.
Abhishek Industries Chairman S K Tuteja lauded the approach of the state government saying that it has extended full cooperation for establishment of the industry.
The textile industry would have 2 lakh spindles and it would be the largest spinning mill in a single premises.
The Chief of Agrotech project, Mr Gokul Patnayak, informed that high-level training would be imparted to farmers of this area to maximise their profits.
Agricultural farms would be set up and nurseries would be prepared for the farmers. Farming in 150 acre would start this year itself. A modern sugar factory would also be established for which cultivation of sugarcane in 5 thousand acre would start.
Rural Development Minister Rustam Singh, Forests Minister Vijay Shah, Minister of State (MoS) Karan Singh Verma and MPs Rampal Singh and Sadhana Singh were among others present, the release added.