Regional Industry Conclave-Sagar
The 4th edition of the Regional Industry Conclave is proposed to be organized in Sagar. The objective is to unlock the hidden potential of the region and bridge any disparities in industrial growth across various areas. By showcasing the industrial capabilities of the Sagar division, the conclave aims to attract investment opportunities and serve as a platform for meaningful discussions among government officials, industry leaders, investors, and entrepreneurs, fostering collaboration and growth in diverse sectors.
4th Regional Industry Conclave (RIC) was successfully held in Sagar on September 27, 2024, aiming to promote industrial development and attract investors to the state.
The event saw participation from over 3,500 attendees, including international representatives from six countries (Mongolia, Thailand, Algeria, Kenya, Canada, and Iran), foreign diplomats, 150 distinguished guests, over 700 special invitees, and more than 1,000 MSME participants. The conclave focused on investment in sectors such as petrochemicals, renewable energy, textiles and garments, tourism, handicrafts, agriculture, dairy, and food processing.
The conclave was inaugurated by the Honorable Chief Minister, Dr. Mohan Yadav, along with other distinguished guests, who were welcomed with a traditional lamp-lighting ceremony.
In his special address, Chief Minister Dr. Mohan Yadav highlighted the state government’s plans and vision to promote investment and innovation. He stated, “Each conference and interactive session leading up to the Global Investors Summit is fostering continuous dialogue between the state’s investors and key stakeholders. This ongoing two-way communication is driving significant industrial progress and creating new opportunities for growth.”
The conclave featured two roundtable sessions on ‘Renewable Energy’ and ‘Textiles and Technical Textiles.’ Additionally, four thematic/regional sessions were held, discussing opportunities in MSMEs and startups, agriculture, dairy and food processing, petrochemicals, plastics and allied sectors, and cottage industries.
Around 20 prominent industrialists had one-on-one meetings with the Chief Minister during the event.
Furthermore, the conclave included a ‘One District One Product’ (ODOP) workshop, ODOP exhibition, and buyer-seller meetings, providing local entrepreneurs and businesses with a platform to showcase their products and services.
Over 40 departments set up exhibition stalls at the event, including MPIDC, MPSEDC, DGFT, MP Tourism, FIEO, MPHSVN, DICCI, MP MSME, APEDA, and Bank of Maharashtra, facilitating government-to-citizen (G2C) communication.
