STARTUP-STORIES
Google Cloud Proposes Startup Hub and Centre of Excellence in Madhya Pradesh: CM Mohan Yadav
SUMMARY
Google Cloud Proposal: Google Cloud has proposed establishing a startup hub and centre of excellence in Madhya Pradesh, aiming to boost the state's tech ecosystem and skilled workforce.
Investment and Growth Initiatives: CM Mohan Yadav's visit to Bengaluru secured investment proposals worth Rs 3,200 crore, expected to create 7,000 jobs, and discussed plans with major companies like NVIDIA and HAL to further develop Madhya Pradesh’s aerospace, defence, and IT sectors.
In a significant development, Madhya Pradesh Chief Minister Mohan Yadav announced on Thursday that Google Cloud has proposed establishing a startup hub and centre of excellence in the state. This proposal, a key outcome of CM Yadav’s two-day visit to Bengaluru for the 'Invest Madhya Pradesh' initiative, marks a strategic move to enhance the skilled workforce and foster innovation within the region.
Google Cloud’s Startup Hub Proposal
During his visit, CM Yadav revealed that Google Cloud's proposal aims to position Madhya Pradesh as a major startup hub in India. The initiative is expected to provide a substantial boost to the state's tech ecosystem, supporting the growth of Information Technology (IT), Information Technology Enabled Services (ITES), and Electronics System Design and Manufacturing (ESDM) sectors. These sectors have been a focal point of the state's employment-oriented educational programs, designed to meet the needs of a rapidly evolving economy.
Strategic Discussions and Investment Opportunities
The visit was part of the broader “Invest Madhya Pradesh” campaign, where CM Yadav engaged with approximately 30 industrialists, focusing on attracting investments in space technology and other emerging sectors. Notably, discussions with Hindustan Aeronautics Limited (HAL) have paved the way for creating an aerospace and defence development wing in Madhya Pradesh, further diversifying the state’s industrial base.
The state’s strategic location, coupled with investment proposals worth Rs 3,200 crore, is expected to create nearly 7,000 new job opportunities. These developments align with Madhya Pradesh's goal to become a significant contributor to India’s economic growth.
NVIDIA’s Vision for Madhya Pradesh
Adding to the state's growing list of tech-driven initiatives, NVIDIA has proposed a plan to transform Madhya Pradesh into the “Intelligence Capital of India.” This ambitious plan, supported by CM Yadav, underscores the state's potential to attract leading IT companies and become a central hub for artificial intelligence and advanced technologies.
Preparations for Global Investors Summit 2025
CM Yadav’s visit also included roundtable discussions with key players in the space technology sector, as well as representatives from NASSCOM, Infosys, Cognizant, and TCS. These engagements are part of the preparations for the upcoming “Invest Madhya Pradesh - Global Investors Summit 2025,” which aims to showcase the state’s investment potential on a global stage.
The first event in this series, an “Interactive Session on Investment Opportunities in Madhya Pradesh,” was held in Mumbai in July, setting the stage for the state’s ambitious plans to become an economic powerhouse.