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Article: Bhopal: A beautiful little boomtown ; Below the radar of the national media, Bhopal is industrialising rapidly and emerging as an increasingly important manufacturing hub.
- Article from:
- Business Today
- Article date:
- September 7, 2008
- Author:
CopyrightCopyright 2008 Business Today. Provided by ProQuest LLC. (Hide copyright information)
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For a city that has suffered the world's worst industrial
disaster, industry is again holding the promise of jobs and economic
development. Twenty-four years after leaking poisonous gas from a
Union Carbide factory traumatised Bhopal, the capital of Madhya
Pradesh is becoming the expanding urban hub of a region that is
attracting large investments in manufacturing.
A series of investors' meets organised by the state government,
the latest of which was held in Gwalior in July 2008, has resulted
in MoUs that promise investments worth Rs 3,64,000 crore across MP.
Conservatively, even if 30 per cent of the MoUs signed so far
result in investments, we will see an inflow of Rs 1,09,200 crore, ...