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Flurry of collaborations inked by AP Fanciful Rao and tech-savvy Naidu Doubling production and tripling farmers’ income... Enticing pest traps All these happened in TN… CII to set up tourism bureaus Infra boost to the new capital An industrious idea Bus services hit States - Odisha A neta at it again! Homestays, a budding tourism industry A blueprint for the future State Forward Competing for good: Tale of two states Land scams rock AP & TS Land acquisition policy is ahead of national policy... Hype on Hyperloop Miners asked to pay more Development depends on land availability... Infrastructure to the FORE Vedanta to close Lanjigarh refinery Winds of change... When business flocks to MP... Lingayats get a reminder: it’s poll time KTR releases Annual Report It indeed is attractive for investments Enchanting and enterprising Tamil Nadu Promise of a productive year TN can leverage NLC’s strengths... Illegal mining of sand More government apps A year of Telangana TN to suffer serious loss Power for all Inter-State boundary State under siege KCR’s I-day bonanza With agriculture at its heart... States - Kerala ‘E’ for enterprise Technology has raised the bar... Deputy Collector Sindhu! Time to wake up Thalaivaa Launch of ins vikrant, India’s first indigenous aircraft carrier ODISHA Tasks for the new government State of the States Info-Park, more space Of development and welfare Kochi Metro Rail Project Municipal Elections Bringing magic of Rajasthan alive TN to suffer serious loss A giant push for millets AP in better shape Global Investors Meet Post Poned Bifurcation yet to end water wars Green crimes galore SIPB clears big proposals KNPP with the grid Global meets galore Mango Diplomacy Pioneering education model Nod to cow slaughter bill Strike over salary hike MCL has a taste of judicial activism! Waste disposal model Why the Congress won in Karnataka Benevolent businessthan... Come to Tamil Nadu where the action is... States Roundup Leaky old lorries, mini cabs for techies... Bhubaneswar IIT cries for completion City of foaming lakes and fire Oh, la la. MOUs worth Rs.10.54 lakh crore signed It’s Karnataka chalo for Amit Shah? Monsoon fury Industrial corridors to boost economy Wouldn’t the Mahatma like clean restrooms in our cities! Stirring the political cauldron Divide & Prosper Reducing carbon footprint...
State Forward
Following Modi’s Gujarat Model, quite a few states, both BJP led and others have started to organise global investors meets. Andhra Pradesh’s N Chandra Babu Naidu and Telangana’s K Chandrasekhar Rao are trying their every bit to outmanoeuvre each other in the race to land every other top MNC in their state. West Bengal, known for its business un-friendly policies and land problems, has plans to host a global meet to attract investments. Karnataka Chief Minister Siddarmaiah invited Tamil Nadu based textile mills to set up shop in his state.

With the economy showing signs of revival, spurt in activity is witnessed across India. Rising labour costs in China proves to be an opportunity for India to attract manufacturing contracts. The Make in India campaign is gaining pace and the time seems opportune to attract investments, both small and large. Every state has hard pinned the notion and are busy projecting their strengths and offerings to lure investors.

The makeover of Madhya Pradesh

Political heads and the administrative honchos from every other state are conducting roadshows across the nation and inviting both business leaders and the media to visit them. Madhya Pradesh recently held a Global Investors’ Meet in which it hosted the who’s who of Indian business along with 28 ambassadors and business delegations from 32 countries. The three-day convention attracted investments worth Rs 1.8 lakh crore for setting up projects in power, cement, telecom, petroleum, mining, food processing, fertilizer and other industries.  Also Rs 1.7 lakh crore investment by the Union government for setting up major projects in mining, steel and energy sectors and the establishment of smart cities have been proposed. The government has bent backwards to assure attractive land rates for companies that offer 50 per cent employment to the locals. Also on cards is a venture capital fund to support startups. MP’s initiative to create a land bank would be of particular attraction to industry, which finds it difficult to source land. Considered as a BIMARU state for its poor growth record till the turn of the decade, Madhya Pradesh has revamped its image and is marching ahead on the road to development.

West Bengal calls for attention

Yet another state that has come out with impressive plans is West Bengal. Labour issues and the bitter experience of Tata Motors have been black marks in the industrial scene of Bengal. Dr Krishna Gupta, Managing Director, West Bengal Investment Development Corporation, pointed to leading companies expanding their facilities in the state. West Bengal has drafted friendly policies to attract investments. Strategising its proximity to South East Asia and North East India, West Bengal boasts of low attrition rates among other states and decreasing labour strikes. “Bengal’s investor-friendly policies have led to attracting Rs 135,000 crore worth of investment proposals in the last three years. Of this Rs 80,000 crore of investments are at various stages of implementation,” said Dr Gupta. The main sectors include cement, steel, edible oil, food processing, gems and jewelry, textile, fertilizer, CBM, plastics... “In the context of the Make in India campaign, the Bengal Global Business Summit slated for 6 - 8 January 2015   assumes significance,” said Dr Gupta. The Summit aims to attract both global and domestic delegates.

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