Davos [Switzerland], January 20 (ANI): Madhya Pradesh authorities on Tuesday met Sri Lankan conglomerate Krishan Balendra, Chairman of John Keells Holdings PLC, on the sidelines of the World Economic Forum in Davos.
As per a launch from the MP Government, the discussions lined attainable alternatives in Madhya Pradesh within the logistics, hospitality, meals processing, and tourism sectors, and shared the incentives obtainable beneath the coverage.
During the assembly, John Keells additionally shared their linkages with Indian firms and their present presence by way of tie-ups in India, the discharge stated
‘Madhya Pradesh highlighted its wealthy heritage locations for hospitality-led investments, robust logistics potential, and its place as one in every of India’s fastest-growing agri states, making meals processing a lovely development space. Connectivity benefits, together with feeder providers from Bhopal to main hubs resembling Mumbai and Delhi and worldwide connectivity by way of Indore airport, have been additionally mentioned,’ it added.
John Keells expressed curiosity in exploring alternatives in Madhya Pradesh and indicated {that a} workforce would have interaction additional to evaluate potential collaborations.
The engagement reinforces Madhya Pradesh’s concentrate on constructing partnerships with main regional conglomerates throughout South Asia to drive funding, commerce, and tourism-led development, the discharge stated.
John Keells Group is house to quite a few manufacturers unfold throughout many trade verticals, together with transportation, shopper meals, retail, leisure, property, IT and monetary providers.
Notably, on Monday, the Madhya Pradesh authorities met Hashiyama Shigeto, consultant director and Executive Managing Director of Japan Bank for International Cooperation (JBIC).
The discussions lined initiatives the place JBIC is already supporting in Madhya Pradesh, in addition to areas resembling insurance policies for manufacturing and different sectors, yen borrowings, tie-ups via collaborations, and renewable power, together with solar energy.
While talking with ANI, Hashiyama Shigeto stated, ‘India, significantly Madhya Pradesh, is rising as a extremely engaging vacation spot for Japanese buyers, pushed by robust alternatives in renewable power, infrastructure, and manufacturing.’
The Government of Madhya Pradesh had additionally held discussions with Jay Galla, Co-founder, Chairman, and Managing Director of the Amara Raja Group; Herve Couraye, Advisor to TouchLab; and Jasmin Hume, CEO and Founder of Shiru, amongst others, to discover a number of potentialities.
The 56th Annual Meeting of the World Economic Forum (WEF) is being held from January 19 to 23, 2026, at Davos-Klosters, which is about to welcome practically 3,000 members from over 130 nations, together with a report variety of world leaders, CEOs, innovators and policymakers, beneath the theme ‘A Spirit of Dialogue.’ (ANI)