Steel, mineral majors to invest in Madhya Pradesh in coming years.

Public sector majors in the field of steel, aluminium and minerals are expected to undertake huge investments in Madhya Pradesh in the coming years on the initiative of state Chief Minister Shivraj Singh Chouhan and Union Minister for Steel, Mines, Labour and Employment, Narendra Singh Tomar.

On the initiative of Chief Minister, major central sector companies including Steel Authority of India (SAIL), National Mineral Development Corporation, Hindustan Copper Limited, NALCO and MOIL Limited will invest crores of rupees in Madhya Pradesh, an official release said recently.

Union Minister for Steel, Mines and Employment and the Chief Minister discussed investment opportunities and other issues pertaining to Madhya Pradesh yesterday and took number of important decisions, it said.

On the proposal of SAIL, the Chief Minister has given consent for establishing a steel plant with an investment of Rs. 12,000 crore on 1500 acres land in Chhattarpur district.


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