Written by : Nikita Saha
December 3, 2024
The investment by Helion Pharmaceuticals will focus on manufacturing advanced medical products, aiming to improve access to quality healthcare in the state.
Madhya Pradesh has attracted significant investment of INR 3,000 Cr in healthcare as part of its broader INR 78,000 Cr investment proposals secured during Chief Minister Mohan Yadav’s six-day visit to the United Kingdom and Germany.
Helion Pharmaceuticals, a leading pharma company, committed the substantial investment to establish a facility in Indore’s Smart Industrial Park.
Following discussions with the company's leadership, the state immediately allocated land for the project.
“This investment marks a crucial step toward strengthening Madhya Pradesh’s healthcare infrastructure and positioning it as a hub for pharmaceutical innovation,” said Yadav.
The investment by Helion Pharmaceuticals will focus on manufacturing advanced medical products, aiming to improve access to quality healthcare in the state.
Further, CM Yadav highlighted the importance of international collaborations in addressing healthcare challenges, emphasizing that partnerships like these would bring cutting-edge technology and expertise to the region.
“We are committed to enhancing healthcare and ensuring Madhya Pradesh becomes a model state for growth and innovation,” Yadav said, underlining the importance of healthcare in the state's development strategy.
Beyond healthcare, the state secured significant investments in other sectors. SRAM and MRAM Group pledged INR 25,000 Cr for a Science and Technology Park focused on semiconductors, while Germany’s Long House Partners proposed INR 14,000 Cr for innovation and technology projects. AMS OSRAM also expressed interest in investing INR 1,500 Cr in electronics and semiconductors.
Yadav attributed these achievements to the conducive investment environment fostered under Prime Minister Narendra Modi’s leadership.
“The policies and vision of the central government have paved the way for Madhya Pradesh to attract such substantial global investments,” he said.
To maintain the momentum, Madhya Pradesh will host Regional Industrial Conclaves in Narmadapuram and Shahdol later this month, aiming to attract further investments and foster regional growth.