The Council of EU Chambers of Commerce in India (EU Chambers) was one of the International Partners at the 7th Invest MP- Global Investors Summit 2023 organized by Department of Industrial Policy and Investment Promotion, Government of Madhya Pradesh from 11th – 12th January 2023 at the cleanest city of India, Indore, Madhya Pradesh.
The theme of the two-day Summit was ‘Madhya Pradesh-The Future Ready State’
EU Chambers promoted Madhya Pradesh- the heart of India as a next destination for foreign investment.
As an international partner, EU Chambers mobilized a Business Delegation from various European countries viz. Italy, France, Poland, Denmark, Spain, Malta and Estonia belonging to different sectors like Electronics, Engineering, Education, Healthcare, Hospitality, Luxury, Medical Devices, Textile, Tourism.
The delegation comprised of:
1.Mr. Peeyush Kaushik, President, The Council of EU Chambers of Commerce in India & Global Mobile Surgery Business Leader & Head of Healthcare Innovation Center, Philips
2.Dr. Renu Shome, Director, The Council of EU Chambers of Commerce in India
3.H. E. Mr. Margus Solnson, Deputy Head of Mission, Embassy of Estonia, New Delhi, India
4.Mr. Amit Lath, CEO & Managing Partner, Sharda Group of Companies, Poland
5.Mr. Fabio Muscat, Group CEO, Ozo Group, Malta
6.Mr. Marcin Mączyński, General Secretary, Polish Hotel Industry Chamber of Commerce, Poland
7.Mr. Simone Vago, Director, Vago Forniture Srl, Italy
8.Mr. Robert Kamiński, CEO, Robert Kaminski Consulting, Poland
9.Ms. Véronique Poles, Founder, Poles Luxe Consulting, France
10.Mr. Hemang Tanna, Senior Advisor- Trade & Innovation, Government of Catalonia- South Asia, Spain
11.Ms. Katarzyna Cwiklinska, CEO, ESLT Medical, Poland
12.Mr. Priyank Sojatia, Partner and Country Manager, Adued, Italy
13.Dr. Habil Andrzej Romanowski, Vice-Rector, Lodz University of Technology, Poland
14.Mr. Mangharam Harwani, Founder, VNN International ApS, Denmark
15.Dr Judyta Latymowicz, Partner, Advocate, Head of India Desk, Legally Smart, Poland
16.Ms. Neha Mehta, Chief Strategy Officer, Iron Pump A/S, Denmark
17. Ms. Ane Zabaleta Uralde, Project Manager, Basque Trade and Investment, Spain
The Summit was virtually inaugurated by the Hon’ble Prime Minister Shri Narendra Modi. The President of Guyana, Dr. Mohamed Irfaan Ali and the President of Suriname Mr. Chandrikapersad Santokhi were the Guests of Honour. Shri Piyush Goyal, Union Commerce and Industry Minister in his address calls upon investors from across the world to become partners in the progress and growth of MP as it offers ample opportunities in agriculture, food processing, pharmaceuticals, automobiles, tourism, textiles, renewable
energy.
The delegates of EU Chambers participated at the Inauguration session and also attended various sector specific thematic sessions.
EU Chambers organized a closed-door meeting of the delegates with Hon’ble Chief Minister of Madhya Pradesh, Shri Shivraj Singh Chouhan to discuss issues as smart city, start-up and education. The Chief Minister encouraged the delegates to invest and expand in MP and ensured his full support for the same. Post the meeting, the delegates attended the Cultural Program organized by the state Government. The delegates were left amazed by the vibrant culture of Madhya Pradesh.
Day two of the Summit began with the delegates attending several thematic sessions and taking part in the Reverse Buyer Seller Meet. The delegates also met Shri Jaypal Singh Chawda, Hon’ble Chairman, Indore Development Authority (IDA) and had an interactive session with him and his team. He briefed the delegates about futuristic Indore and opportunities and benefits that Indore as a city can offer them. On the sideline, the delegates also had some individual meetings which were facilitated by EU Chambers.
EU Chambers as an international partner had a stall at the International Arena in the Exhibition Zone. The stall displayed all the EU Countries and the promotion of EU- India relations for trade, technology transfer, joint ventures, education and exchange of culture etc. The exhibition witnessed good footfalls of interested companies to explore opportunities in the EU region.
In the august presence of the Hon’ble Chief Minister, Shri Shivraj Singh Chouhan, EU Chambers signed a MoU with MP Industrial Development Corporation (MPIDC) to promote trade and business relations between the state of Madhya Pradesh, and European Union Countries. The MoU is aimed to help MP to attract investments, Joint Ventures and fostering trade & business partnership between Indian and European Companies.
One of the delegates, Dr. Latymowicz, Partner, Advocate, Head of India Desk, Legally.Smart, (INALP) from Poland also signed an MoU between MPIDC and her esteemed organization INALP to help MP in attracting investments from Poland.
The Summit was concluded with the valedictory session addressed by the Hon’ble Chief Minister Shri Shivraj Singh Chouhan. Delegates from around 65 different nations and more than 500 renowned industrialists participated at the valedictory session. The Chief Minister announced that investors will not have to take permission to start operations in Madhya Pradesh and will not be inspected for compliance of deemed permission for three years. He announced these sweeping concessions which will attract expressions of intent (EoI) for a combined investment of Rs 15.4 lakh crore, with the promise of 29 lakh jobs.
The EU Chambers’ participation at the Summit has been fruitful with the delegates having productive meetings, signing of the MoU with the MPIDC and reaching out to the companies based at Indore and in large promoting the EU-India relations.