One-on-one meetings between Chief Minister Dr. Mohan Yadav and Spanish investors in Madrid on the first day of his visit to Spain have boosted investment prospects in Madhya Pradesh. Several investors have expressed a firm intention to invest in the state. These meetings involved detailed discussions on the vast investment opportunities in Madhya Pradesh, with a special interest shown in industrial development, infrastructure, tourism, energy and other emerging sectors.
The CEO of Nature Bio Foods (a subsidiary of LT Foods Limited) discussed the potential establishment of an organic food and value-added product unit in Madhya Pradesh with an estimated investment of Rs. 200 crore. This investment will promote farmer participation, job creation and export-oriented production.
Chief Minister Dr. Yadav also met with Mr. Jose Luis de Mora Gil-Gallardo, Senior Executive Vice President (Corporate Development) of the Santander Group. Although the Santander Group does not have a direct presence in India, it has been participating in finance, trade services, and projects related to India. The discussion focused on potential cooperation with Madhya Pradesh in financing infrastructure projects, strengthening trade & investment flows and exploring innovation-based financial solutions.
Representatives of the MOEVE Group, Mr. Carlos Diaz and Ms. Pilar Cienfuegos from the Biofuels Business Unit, expressed interest in potential partnerships in the fields of green hydrogen, 2G biofuels (sustainable aviation fuels), and chemicals. The company is exploring the possibility of securing long-term feedstock supply with local agents and establishing production plants.