Shahdol is rich in mineral resources and full of investment potential: CM Dr. Yadav
Chief Minister Dr. Mohan Yadav has said that Shahdol district has immense potential for industrial development due to its rich mineral wealth, cultural heritage and strategic geographical location
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7th Regional Industry Conclave to be held in Shahdol on January 16
Chief Minister Dr. Mohan Yadav has said that Shahdol district has immense potential for industrial development due to its rich mineral wealth, cultural heritage and strategic geographical location. New doors of industrial investment will now open in this region full of natural resources and industrial opportunities. The state's 7th Regional Industry Conclave (RIC) to be held on January 16, 2025 in Shahdol is a historic step in this direction, which will prove to be an important platform for industrial expansion along with regional development.
Shahdol is a major coal producing area
Rich in mineral wealth, Shahdol district is one of the major coal producing areas in India and the land here is rich in fire clay, methane gas and other important minerals. Sohagpur Coalfield, which is one of the largest coal reserves in Asia, gives strategic importance to Shahdol for power generation and mining industries. The forest wealth, biodiversity and organic products here make it a major place in the field of forest-based industries and medicinal products. The geographical location of Shahdol makes it more important as an industrial and logistics hub. This district connects Madhya Pradesh with states like Chhattisgarh, Uttar Pradesh and Bihar. Due to better road and railway network, this area is suitable for trade and goods transportation. This area also has the potential to be developed as an industrial cluster.
Chief Minister Dr. Mohan Yadav has declared the year 2025 as the 'Industry Year'. The aim of this initiative is to make the state a hub of investment and industrial development. CM Dr. Yadav's vision is to develop a mineral resource-rich area like Shahdol into an industrial and economic centre. Under his leadership, the state government has implemented several progressive policies to attract investors. These include single window clearance system, land and tax incentives, establishment of Special Economic Zones (SEZ) and industrial parks.
New possibilities of industrial development will be created
Shahdol Regional Industry Conclave (RIC) will create new possibilities for investment and industrial development. In this conclave, investors, entrepreneurs and policy makers will together discuss the capabilities and prospects of the region. This event will not only showcase the industrial capabilities of Shahdol, but will also help in establishing it on the national and international investment map. The Global Investors Summit to be held in Bhopal in February 2025 will be another big opportunity to take the industrial potential of Shahdol to the global platform. In this summit, the focus of the state government will be on presenting Shahdol as a major investment destination for energy, mineral and tourism based industries.
