Japan’s SMBC Nikko group to invest in mega food-park in state

Investors meet CM Mr. Chouhan

japan5.12.15Bhopal, December 5, 2015 (Abdul Ahad Farhan):  In the series of regular meeting with investors, MD (Capital Market) of SMBC Nikko Group of Japan Mr. Sigeya Kobasyashi and MD (Global Business) Mr. Akhiro Toyama and Mr. Kailash Sahara of Ruchi Soya Group met Chief Minister Mr. Shivraj Singh Chouhan here today. SMBC Nikko Group has proposed to invest in mega food park in the state. The Chief Minister said that Madhya Pradesh is ideal state for investment. It is the fastest growing state in the country. As per a recent report of NITI Ayog, states growth rate is 16.8 percent. Investment-friendly policy is being implemented in the state. Food process is priority sector of the state government. SMBC Nikko Securities is a major banking firm of Japan. It has evinced interest in investment in mega food park sanctioned by the Central Government being developed at Dewas and other industries. Ruchi Group is active in soya and steel production, power generation, dairy, cement, information technology and infrastructure development sector.