Gis will organize sectoral sessions to stimulate local manufacturing | Indore News

Indore: The Global Investors Summit (GIS) scheduled to be held in Indore in the last week of October or the first week of November will feature sector sessions focusing on Production Linked Systems (PLI) and Import Substitution to drive growth. local manufacturing.
The Production Linked Programs (PLIs) aimed at incentivizing companies in the form of import/export duty concessions or tax rebates and import substitution under which the Indian government has pre-qualified several products that can be designed and manufactured by Indian companies aim to promote manufacturing by domestic companies. businesses.
“We have proposed some dates to the Chief Minister to host the Global Investor Summit. Most likely, the summit is expected to be held in the last week of October or the first week of November,” said Principal Secretary of the Department of Industrial Policy and Investment Promotion Sanjay Kumar Shukla.
According to officials, November 4-6 are the most likely dates to host the summit in Indore.
According to initial planning, the summit will include sessions on key sectors, CEO interaction, a panel discussion with industry participants and an exhibition, according to officials close to the development.
The state government plans to hold roadshows in different cities and countries ahead of the summit.
A senior executive from an industry body involved in planning the summit who wished not to be named said: “Road shows are planned to promote the summit at various locations. A curtain raiser is scheduled for Delhi in April.
He said the state government is focusing on several sectors to showcase at the summit.

Marjorie N. McClure