Home Minister Amit Shah today said the BJP-led government at the Centre has laid a strong foundation over the last ten years and will now build India’s future growth on it. Speaking at the Invest MP-Global Investment Summit 2025 in Bhopal, Shah stated that Madhya Pradesh has inked memorandums of understanding (MoUs) worth ₹30.77 lakh crore over the past two days.

“MoUs worth ₹30.77 lakh crore have been signed by Madhya Pradesh during the two-day investment summit. More than 200 Indian companies, over 200 global CEOs, 20 unicorns, and 50 foreign observers came to assess the investment climate in MP,” Shah said while addressing the summit.

“PM Modi has resolved to make India a developed economy by 2047 and the third-largest economy by 2027. The MP investment summit will contribute to both goals. The sectoral investment policies formulated by MP will help India become a manufacturing hub,” he added.

Enumerating the advantages Madhya Pradesh offers, Shah said the state has a stable government under the guidance of PM Narendra Modi. “MP benefits from its strategic location, skilled workforce, and robust infrastructure. It is an attractive investment destination,” he said.

Shah on the Indian economy

Shah expressed confidence that the Indian economy will become the third-largest economy by 2027. “Under the Modi regime, the Indian economy has moved up from the 10th to the 5th rank. I am confident that India will become the third-largest economy by 2027 and continue to move forward,” Shah said.

“Our forex reserves have doubled, GDP has also doubled, and per capita income has risen significantly in the last ten years. We have laid a strong foundation in the past decade and will build multiple growth dimensions on it in the coming years,” he added.

“A number of reforms have been undertaken in the last ten years—IBC implementation, reducing NPAs below 2.5%, GST implementation, single-window clearance, and infrastructure development are key initiatives. India is now participating in sectors that will drive the global economy for the next 25 years. Be it AI, EVs, green hydrogen, renewable energy, semiconductors, defence, or healthcare, we have closed the gap,” Shah said.