The Global Investor Summit, 2023, held in Indore, has received intent of…

2023

The Global Investor Summit, 2023, held in Indore, has received intent of investment worth ____ lakh crore for investment.

  1. A.

    ₹ 15.24

  2. B.

    ₹ 15.30

  3. C.

    ₹ 15.35

  4. D.

    ₹ 15.42

Show answer & explanation

Correct answer: D

State governments in India periodically host investor summits to showcase their industrial ecosystem and invite domestic and global companies to commit to future projects. At such a summit, companies sign Memoranda of Understanding (MoUs) or record a formal investment intent — a proposed value of investment they plan to bring in, distinct from investment that is actually implemented on the ground over the following years.

Madhya Pradesh held its Global Investors Summit (GIS) 2023 in Indore in January 2023. Per the Madhya Pradesh government's Economic Survey 2022-23 and contemporaneous press coverage of the summit, the state received investment intent worth ₹15.42 lakh crore across various sectors during this edition — a figure also recorded in MPPSC's official answer key for this question.

Comparing each offered figure with the documented total:

  • ₹15.24 lakh crore — close in scale to the summit's real total, but not the figure documented for the Indore GIS 2023.

  • ₹15.30 lakh crore — also within the same broad range, but not the recorded total for this summit.

  • ₹15.35 lakh crore — again numerically close, but not the figure appearing in the official record.

  • ₹15.42 lakh crore — the figure consistently corroborated by the Madhya Pradesh Economic Survey 2022-23 and press coverage of the summit.

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