Katni: Madhya Pradesh received a massive boost to its mining and industrial sector with investment proposals worth Rs 56,414 crore at the ‘Madhya Pradesh Mining Conclave 2.0’.Â
The event, held in Katni, brought together over 2,000 participants, including leading industrialists, policy experts, and representatives from PSUs such as Coal India, MOIL, Hindustan Copper Limited, and IISER Bhopal.
The conclave saw major proposals from private players and public auctions. Singhal Business Pvt. Ltd. pledged Rs 15,000 crore for coal gasification and renewable energy, while Saina Group committed Rs 3,000 crore for iron ore beneficiation and a pellet plant. Ramnik Power & Alloys proposed investments of Rs 1,850 crore in sponge iron and ferro alloys, and Vinmir Resources Pvt. Ltd. earmarked Rs 850 crore for graphite beneficiation.
Among other proposals, Mineware Advisors Pvt. Ltd. announced Rs 450 crore for coal block mineral production, Mahakaushal Refractories pledged Rs 90 crore in the refractory sector, and Saina Group also outlined Rs 950 crore for a bauxite calcination plant. In addition, auctioned mineral blocks brought investment commitments of Rs 32,774 crore, while coal mineral blocks added Rs 1,450 crore.
The conclave also marked a step forward in research and technology integration. Three major Memorandums of Understanding (MoUs) were signed: Coal India Limited for critical mineral exploration and processing; Texmin ISM, Dhanbad, to introduce AI, IoT, Blockchain, and Remote Sensing in mining; and IISER Bhopal for advanced mineral research.
Speaking at the event, officials emphasized that these investments and collaborations will not only strengthen Madhya Pradesh’s mining ecosystem but also generate large-scale employment and promote sustainable resource management.
With industry leaders and research institutions on board, the state aims to emerge as a hub for modern mining and allied industries, setting a benchmark for responsible mineral development in India.
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