Union Home and Cooperation Minister Amit Shah on Wednesday said that regional investment summits are crucial for ensuring balanced development of states, as he addressed the Abhyuday Madhya Pradesh Growth Summit in Gwalior. The event was attended by Madhya Pradesh Chief Minister Dr Mohan Yadav, Union Minister Jyotiraditya Scindia, senior officials, and industry representatives.
Addressing the gathering, Shah said the concept of structured industrial summits was first introduced in Gujarat during Prime Minister Narendra Modi’s tenure as Chief Minister through the Vibrant Gujarat model. He noted that Madhya Pradesh has taken this idea forward by launching regional investment conclaves aimed at promoting equitable development across all regions of the state.
Shah said that investments worth nearly ₹2 lakh crore attracted to a single region may appear modest at the national level but are extremely significant for regional economies. He emphasised that balanced development is essential for a state’s progress, as every region has unique potential that must be harnessed.
Highlighting agriculture-linked industrialisation, Shah said cotton farming in parts of Madhya Pradesh had declined due to poor returns but has become profitable again with the establishment of PM Mitra Textile Parks. He said the PM Mitra Park operates on the 5F vision — Farm to Fibre, Fibre to Factory, Factory to Fashion, and Fashion to Foreign — ensuring better prices for farmers and export opportunities.
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