The year 2025 has been declared as the “Year of Industry” by Chief Minister Dr. Mohan Yadav to promote industrial development. Under this initiative, Madhya Pradesh’s bi-annual flagship event “Invest Madhya Pradesh-Global Investor Summit 2025” will be held in Bhopal in February 2025. In order to embark on a journey of balanced and equitable growth, strategically promote investments and attract investors to the region, Madhya Pradesh is going to host the 4th Regional Industry Conclave (RIC) in Sagar on 27th September, 2024. The event is the fourth edition of the series of successful conclaves held in Ujjain, Jabalpur and Gwalior aimed at promoting industrial development and cooperation across the state. The Conclave in Sagar, located in the culturally rich and economically dynamic Bundelkhand region, will be held at Jawaharlal Nehru Police Academy Ground. The aim of this conclave is to bring together more than 2,500 participants, including leading industrialists, representatives of various industry associations on one platform, to promote meaningful discussions and collaboration. This conclave will be a confluence of ideas, innovation and investment, showcasing Madhya Pradesh as a fast growing industrial hub. With the development of key sectors such as food processing, overall economic mining, engineering and petrochemicals, the region is poised for growth. The aim of this conclave is to harness regional potential and remove disparities in industrial development. It is also to promote regional development by showcasing the industrial capabilities and opportunities of the region, strengthening MSMEs and attracting investors. Chief Minister Dr. Yadav will highlight the government's commitment to enhance the business ecosystem and promote balanced development in the conclave. Chief Minister Dr. Yadav will inaugurate industrial units through virtual medium and distribute land allotment orders to investors. Chief Minister Dr. Yadav will hold one-to-one meetings with investors, which will further increase cooperation between the government and industrialists. The delegates will be briefed on investment opportunities in various sectors including mining, tourism, MSME, handloom, handicrafts and cottage industries.