Madhya Pradesh has taken a significant step towards foreign investment and technical collaboration. A visit by five leading German tech companies to the state commenced from August 18–22. Chief Minister Dr. Mohan Yadav described this as a guide to global opportunities for startups and entrepreneurs. This initiative will open new avenues for innovation and employment in the state.
Bhopal: To boost technological innovation and investment, a tour by five German companies has begun. During the visit, which runs from August 18 to 22, startups and entrepreneurs in MP will have the opportunity for global partnerships and technical cooperation. The program aims to promote innovation in areas such as AI, IoT, data analytics, and digital transformation. The Chief Minister stated that this initiative will unlock new opportunities for employment, research, and global investment in the state.
Foreign Investment and Strategic Partnerships
This visit is being organized under the Madhya Pradesh Global Startup Exchange program. Following a tour of Europe, these German companies decided to explore investment and technical collaboration opportunities in the state. The delegation of five companies includes Steven Ranwick of Tylers, Nicolas of Talonic, Aleksandre K. Mikityuk of STAXS, Mattias Progcha of Q-nect AG, and Philipp Reschmoh of Cloud-Squid.
These companies possess global expertise in technologies such as Artificial Intelligence, Data Integration, Workflow Automation, Internet of Things, Enterprise Software, and Document Processing AI. Their experience and technical skills will prepare Madhya Pradesh's entrepreneurs, startups, and youth for global competition.
Technical Workshops and High-Level Meetings
The delegation's stay in Indore will be filled with technical workshops, design thinking workshops, and B2B match-making meetings. They will visit IIT Indore and the Incubation Center Ujjain to interact with local startups and innovation hubs. High-level meetings will be held in Bhopal with senior officials from the Department of Industry and academic institutions.
Several technical partnerships and investment agreements are expected to be made during this time. This initiative will create employment opportunities for the youth of the state and provide them with the opportunity to join global training programs. It will also pave the way for the establishment of new research and development centers.
Indore-Ujjain and Bhopal Program Outline
On August 18, a welcome reception, digital product presentation, fireside chat, and networking lunch were held at the InfoBeans headquarters. On August 19, an Innovation Lab tour, design thinking workshop, and B2B match-making meetings took place. On August 20, IIT Indore and the Ujjain Incubation Center were visited.
In Bhopal, an Invest in MP Roundtable, meetings at the MPIDC headquarters, and a networking dinner were organized on August 21. On August 22, the Department of Science and Technology and the B-Nest Incubation Center were visited, along with a visit to the I.M. Global office and a cultural excursion.
