Indore-Origin Entrepreneurs Present Several Investment Proposals
Rs. 1,000 Crore Proposal for a Sustainable City Project
Foreign University Campuses Proposed
On the first day of his Dubai visit, Chief Minister Dr. Mohan Yadav received a warm welcome from the Indian diaspora, particularly entrepreneurs with roots in Indore. The Indori International Business Network (IIBN) organised a special event, which saw the participation of over 25 CEOs and more than 15 prominent entrepreneurs who expressed keen interest in investing in Madhya Pradesh and shared specific proposals.
IIBN is a licensed and well-established community of over 750 members in the UAE, comprising professionals from various fields including business, medicine, engineering, banking and education.
Members of IIBN presented their investment ideas in detail to the Chief Minister. The core committee members—Shri Ajay Kasliwal, Shri Prem Bhatia, Ms. Anju Bhatia, Shri Nilesh Jain, Shri Manoj Jharia, Shri Naseer Khan and Amit Shrinivas—shared that Indori expatriates in the UAE are enthusiastic about exploring investment opportunities in Madhya Pradesh and have confidence in the support and guidance offered by the state government.
Rs. 1,000 Crore Proposal for a Sustainable City Project
Chartered Accountant Shri Praveen Mehta, based in Dubai, proposed a private-sector initiative worth Rs. 100 crore for the care of senior citizens and a Rs.1000 crore investment project to develop a zero-carbon Sustainable City in Madhya Pradesh.
Chief Minister Dr. Yadav noted that the state government is already running dedicated welfare programs for senior citizens whose children reside abroad. He stated, “If your children are away, we are your family.” He further added that the health department and respective district collectors are actively working to support and care for these elderly citizens.
Proposal for Foreign University Campuses
Ms. Anju Bhatia, CEO of Dubai-based Future Wise Education, proposed the establishment of foreign university campuses in Madhya Pradesh under the National Education Policy 2020. She emphasised that this would allow students in the state to earn international degrees while studying in their home region. Shri Prem Bhatia, one of the first from Indore to settle in Dubai, shared that thanks to his early efforts, over 400 families from Indore are now successfully employed in the UAE.
Chief Minister Dr. Yadav appreciated the initiatives of the overseas Indian community and assured them of full cooperation from the state government. He reiterated that the Madhya Pradesh government is committed to providing a supportive and investor-friendly environment for Non-Resident Indian (NRI) entrepreneurs.
