After CM Mohan Yadav’s Europe tour, 5 German companies to explore investments in MP
Bhopal,M.P
Following CM Dr. Mohan Yadav’s Europe visit, five leading German companies have shown interest in investing in Madhya Pradesh. A high-level delegation will soon tour Indore, Ujjain, and Bhopal to explore opportunities and strengthen industrial partnerships.
The results of Chief Minister Dr. Mohan Yadav's efforts to attract foreign investment have started coming. As a result of the Chief Minister's Europe tour to promote foreign investment, German companies have now turned to Madhya Pradesh. Under the Madhya Pradesh Global Startup Exchange program, the tour of five leading German tech companies is starting from August 18 to August 22.
Trade between MP and Germany will get strengthened
This will strengthen trade and innovation between MP and Germany. Strategic partnerships between Madhya Pradesh enterprises and German companies will increase. Along with this, technical exchange and investment opportunities will increase. The objective of the MP Global Startup Exchange program is to encourage technology transfer, exchange best practices, innovative efforts in AI, data analytics and IT industry.
The visit of German companies will become a bridge to new possibilities
This visit of German companies will become a bridge to new possibilities in areas like Artificial Intelligence, Internet of Things and Digital Transformation. This will give new energy to the direction of research and innovation in the state. Chief Minister Dr. Yadav has said that such global technological partnerships will create new opportunities for innovation and employment in the state.
'This initiative is not just the beginning of technological cooperation'
Chief Minister Dr. Mohan Yadav said that "This initiative is not just the beginning of technological cooperation, but is the foundation of a comprehensive innovation journey for Madhya Pradesh. Transformative partnerships developed from global knowledge exchange and cutting-edge technology will help the state's start-ups and entrepreneurs reach the international market."
Companies are known for their expertise in these areas
The delegation includes Steven Ranwick of Tyler's, Nicholas of Talonic, Alexandra K. Mikityuk of Stex, Matias Progcha of Q-Nect-AG and Philip Rejmusch of Cloud-Squid. These companies are globally known for their expertise in the field of artificial intelligence based data integration, workflow automation, IoT and connectivity solutions, enterprise software and document processing AI technology. The experience and technical capability of these companies will prepare the entrepreneurs, start-ups and youth of Madhya Pradesh for global competition.
The delegation will be involved in technical workshops and strategic discussions
The delegation will be involved in technical workshops and strategic discussions during its stay in Indore. The delegation will visit the incubation center at IIT Indore and establish dialogue with local start-ups. After this, during its stay in Bhopal, high-level meetings will be held with senior officials of the Industry Department and educational and technical institutions. This entire program will pave the way for concrete possibilities related to technical cooperation, research and investment.
B2B business meetings and agreements for many technical partnerships
The delegation will have B2B business meetings and agreements for many technical partnerships. Also, doors will open for international investment and new partnerships. This initiative will create employment for thousands of highly skilled youth of the state. This will enable the youth of the state to connect with global training programs. Also, the way will be paved for the establishment of new 'Research and Development' centers in the state.
Foundation of a comprehensive innovation journey for Madhya Pradesh
This tour will prove to be the foundation of a comprehensive innovation journey for Madhya Pradesh. This tour will develop transformative partnerships with global knowledge and cutting edge technology, which will pave the way for the state's start-ups and entrepreneurs to reach international markets. This initiative will further strengthen Madhya Pradesh's position as an innovation hub and will provide decisive momentum towards making the state India's technology powerhouse in the coming years.
Event Schedule
Indore-Ujjain (18–20 August)
18 August: Welcome at Infobeans Headquarters, Presentation on "Building Global Scale Digital Products from India", Fireside Chat, Networking Lunch and Welcome Dinner.
19 August: Innovation Lab Tour, Design Thinking Workshop, Round Table Meet and B2B Match-making and Cultural excursion in the evening.
20 August: Visit to IIT Indore and Incubation Center Ujjain, Interaction with start-ups and partnership discussions.
Bhopal (21–22 August)
21 August: “Invest in MP” round table, meetings at MPIDC headquarters, B2B match-making and networking dinner.
22 August: Visit to Department of Science and Technology and B-Nest Incubation Centre, visit to IM Globar office, cultural heritage tour and media briefing.
This event is being organized in collaboration with Incubation Masters, Germany-India Innovation Corridor and MPIDC. It is in line with the state’s priorities of “Atmanirbhar Madhya Pradesh” and “Digital India”. In future, similar collaboration visits will be organized with the US, Singapore, UAE and other technology leading countries, which will strengthen the goal of establishing Madhya Pradesh as a global tech-hub.