Indore is the largest and most populous city in the Indian state of Madhya Pradesh. It is consistently ranked as the cleanest city in India. It serves as the headquarters of both the Indore District and the Indore Division. It is also considered as the state education hub and houses campuses of both the Indian Institute of Technology and the Indian Institute of Management. Located on the southern edge of Malwa Plateau, at an average altitude of 553 meters (1,814 ft) above sea level, it has the highest elevation among major cities of Central India. The city is 190 km (120 mi) west of the state capital of Bhopal. It is 57 km from Ujjain and 35 kms from Dewas. Indore had a census-estimated 2011 population of 1,994,397 and 3,570,295. The city is distributed over a land area of just 530 square kilometres (200 sq mi), making Indore the most densely populated major city in the central province.
Reliance Industries Limited is an Indian multinational conglomerate, headquartered in Mumbai. Its businesses include energy, petrochemicals, natural gas, retail, telecommunications, mass media, and textiles. Reliance is the largest public company in India by market capitalisation and revenue, and the 100th largest company worldwide. It is India's largest private tax payer and largest exporter, accounting for 7% of India's total merchandise exports. The company has relatively little free cash flow and high corporate debt.
Mukesh Dhirubhai Ambani is an Indian billionaire businessman. He is currently the chairman and managing director of Reliance Industries, India's most valuable company by market value. With an estimated net worth of $91.2 billion as of August 2023, he is the richest person in Asia and 13th richest in the world. Sometimes characterized as a plutocrat; he has attracted both fame and notoriety for reports of market manipulation, political corruption, cronyism, and exploitation. Time magazine listed him as one of the 100 most influential people of 2019, under the "Titans" section.
Anil Dhirubhai Ambani is an Indian businessman chairman and managing director of Reliance Group. The Reliance Group was created in July 2006 following a demerger from Reliance Industries Limited. He lead several stocks listed corporations including Reliance Capital, Reliance Infrastructure, Reliance Power and Reliance Communications.
Ajay Gopikisan Piramal is an Indian billionaire businessman, and the chairman of the Piramal Group, a conglomerate with interests in pharmaceutical, financial services, real estate, healthcare analytics and glass packaging. As of September 2022, his net worth was estimated at US$3 billion.
Vibrant Gujarat is a biennial investors' summit held by the Government of Gujarat in Gujarat, India. The event is aimed at bringing together business leaders, investors, corporations, thought leaders, policy and opinion makers; the summit is advertised as a platform to understand and explore business opportunities in Gujarat.
Chabahar Free Trade–Industrial Zone (CFZ) is an Iranian free trade zone formed according to the law on the establishment and administration of free trade–industrial zones.
Reliance Power Limited (R-Power), formerly Reliance Energy Generation Limited (REGL) is a part of the Reliance Anil Dhirubhai Ambani Group. It was established to develop, construct, operate and maintain power projects in the Indian and international markets. Reliance Infrastructure, an Indian private sector power utility company and the Reliance ADA Group promote Reliance Power. The present CEO of Reliance Power is K. Raja Gopal since 2 May 2018.
The economy of Madhya Pradesh refers to the economic growth with respect to the Indian state of Madhya Pradesh. It grew 12% in GDP for the year of 2011–12, for which it received an award from the President Pranab Mukherjee in January 2013 for improving its tourism, medical and infrastructural growth. The economy of Madhya Pradesh is significantly agrarian which is reflecting rapid strides towards industrial and service sectors as well. The Indore, Bhopal and Jabalpur districts are the top 3 districts in terms of highest output generation in the state's economy.
Welspun Energy Private Limited is an independent power company based in New Delhi, India. It is a subsidiary of Welspun Group.
The Indore Metro is a rapid transit system which is under construction for the city of Indore, India. The total system consists of 11 corridors (lines) covering a distance of 124 kilometres (77 mi). This project will cost approximately ₹12,000 crore (US$1.5 billion). The cost per km will be 182 crores and total cost is 15,000 crores. The metro system will be elevated, underground and on ground. The Indore Metro project has been subject to serious contestation due to the inappropriate shifting of Seismic zone-II to Seismic zone-IV category which has led to increase in budgetary cost for the entire project.
The economy of Indore is notable for its importance in the areas of trading, finance and distribution in Madhya Pradesh. Indore has the largest economy in Madhya Pradesh and is the business and trading capital of the state. Pithampur Industrial Area, near Indore houses more than 1200 industrial units. Pithampur is a part of Indore Metropolitan Region, though its economic contributions are not accounted in Indore District. Located at the crossroads of western and central India, Indore has relatively good connectivity and has been the hub of trade and commerce, not only for the state but also for western India. Cotton textiles are the city's major product, but iron and steel, chemicals, and machinery are also manufactured there. The textile industry is in decline and is being replaced by a variety of new manufacturing industries. Still it is one of the largest textile industries in India. Old-time industries which flourished in Indore were handloom, hand dyeing, manufacture of niwar, oil extraction by ghani, manufacture of bamboo mats, baskets, metal utensils, embossing and engraving of gold and silver ornaments, shellac industry, etc. Ayurvedic and Unani medicines from roots and herbs were manufactured under state patronage. Indore has one of the largest trans-shipment centers for truck transport.
Make in India is an initiative by the Government of India to create and encourage companies to develop, manufacture and assemble products made in India and incentivize dedicated investments into manufacturing. The policy approach was to create a conducive environment for investments, develop a modern and efficient infrastructure, and open up new sectors for foreign capital. The initiative targeted 25 economic sectors for job creation and skill enhancement, and aimed "to transform India into a global design and manufacturing export hub."
Acharpura is a village in the Bhopal district of Madhya Pradesh, India. It is located in the Huzur tehsil and the Phanda block.
Shrikant Bhasi, is an Indian entrepreneur. He is also the founder and chairman of the Carnival Group, a diversified corporate group with interests in multiplex, media, entertainment, hospitality and real estate.
The Indian electronics industry saw growth in the early years of the 21st century, encouraged both by government policies and incentives and by international investment. Its key and most resource-intensive segment, the semiconductor industry, was benefitted from domestic demand growing briskly. Semiconductors were required by a large number of industries, including telecommunications, information technology, industrial machinery and automation, medical electronics, automobile, engineering, power and solar photovoltaic, defence and aerospace, consumer electronics, and appliances. As of 2015, however, the skill gap in the Indian industry threatened progress, with 65 to 70 percent of the market relying on imports.
Assam Global Investors' Summit or Advantage Assam Global Investors' Summit on 3–4 February 2018 was an economic summit organised by the Government of Assam. The main aim of the summit is to increase the trade and other relations with Southeast Asia. Members and Delegates from ASEAN and BBIN countries along with industrialists and business leaders of India and around the world are invited in this summit. The Summit aims at highlighting the geo-strategic advantages offered to investors by Assam. The summit will also focus on India's Act East Policy which will help in achieving balanced and fast-paced growth of the north-eastern region and development of MSME sector.
Magnetic Maharashtra is a summit held in Maharashtra, India, aimed to attract investment into the economy of Maharashtra.
Tamil Nadu Global Investors Meet (TNGIM) is a business summit organized by Government of Tamil Nadu to facilitate domestic and foreign investments in the state. The first of these summits took place in 2015 and later in 2019. The next meet is scheduled to take place in January 2024.
The 10th Vibrant Gujarat Global Summit (VGGS) is scheduled to be held from January 10 to 12, 2024, at Mahatma Mandir Convention and Exhibition Centre in Gandhinagar, Gujarat, India. The summit, organized by the Government of Gujarat in partnership with the Confederation of Indian Industry (CII) and iNDEXTb, will focus on the theme "Gateway to the Future," bringing together global leaders, policymakers, and industry experts to discuss and explore opportunities for sustainable development, economic growth, and international cooperation.
