Dubai [UAE], September 8 (ANI): Madhya Pradesh received investment proposals worth more than ₹53,000 crore on the third day of Chief Minister Mohan Yadav’s UAE visit, with major interest in green energy, artificial intelligence, data centers and advanced manufacturing, according to a state government release.
The biggest proposal came from Rana Holdings Limited, which expressed interest in projects involving a 2,000-megawatt solar energy portfolio, a 200-megawatt green hydrogen plant, an AI and compute data center, a critical minerals recovery and recycling complex, and a smart manufacturing hub.
The proposed projects carry an investment potential of around ₹35,200 crore, or $4 billion, the release said.
The proposed AI and compute data center would initially have a capacity of 50 megawatts and could later be expanded to 200 megawatts. The critical minerals recovery and recycling complex is proposed to have a capacity of 30,000 metric tons per annum.
In another major proposal, NIDI Services DMCC/SCNELL discussed setting up an industrial-scale AI compute campus and a Sovereign AI Factory in Madhya Pradesh.
According to the release, the company presented a concept involving an investment of around $1.5 billion to $2 billion, or approximately ₹18,000 crore, in a 50-megawatt AI Factory project, which could later be expanded beyond 100 megawatts.
Yadav also held meetings with companies and business groups including GEMS Education, Crescent Group, PureHealth, Sharaf Group, Choithrams, DP World, KGK Group, Vistas Media Capital and VFS Global, covering sectors ranging from health care and logistics to education, gems and jewelry, tourism and digital content.
During the visit, the Madhya Pradesh Industrial Development Corporation (MPIDC) was also given the “Winner Asia” honor at the AIM Investment Awards 2026. The state government release said the award recognized performance in investment promotion, attracting foreign direct investment, employment generation, innovation and sustainable development.
At an “Invest in Madhya Pradesh” interactive session, Yadav said the state had received investment proposals worth more than ₹34 lakh crore over the past two-and-a-half years and claimed that more than 30% of the projects had already been implemented on the ground.
“Madhya Pradesh is the heart of India and will welcome investors from the heart,” Yadav said while inviting investors to participate in the Global Investors Summit, or GIS-2027, to be held in Bhopal in January 2027.
The engagements were part of Yadav’s ongoing UAE visit, during which he held meetings in both Dubai and Sharjah. On the third day, he met investors and industry representatives, held discussions with the Sharjah Chamber of Commerce and Industry, visited BEEAH’s sustainability facilities, and met Emaar Properties founder and Managing Director Mohamed Alabbar.
He also invited UAE-based companies and business groups to explore investment opportunities in Madhya Pradesh and participate in GIS-2027. (ANI)
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