Madhya Pradesh marked a historic moment at the Global Investors Summit (GIS) as Chief Minister Mohan Yadav and Cooperative Minister Vishwas Sarang facilitated the signing of 19 Memorandums of Understanding (MoUs) worth Rs 2,305 crore in the cooperative sector.
The agreements, signed in the presence of major investors, signal a transformative step in economic development and reinforce the state’s commitment to the Cooperative Public-Private Partnership (CPPP) model.
For the first time, a special session dedicated to the cooperative sector was held at the summit. Addressing the gathering on the second day, Chief Minister Mohan Yadav emphasized the crucial role of cooperatives in business and their extensive presence across dairy, tourism, MSMEs, and other industries.
He assured investors of full government support in all cooperative ventures, stating that cooperatives are integral to economic growth and national development.
Launching the Cooperative Public-Private Partnership (CPPP) model, Minister Vishwas Sarang stated that this initiative would reshape the cooperative sector across India. He highlighted the growing involvement of major industrialists in the cooperative framework and emphasized that cooperatives serve as a powerful network to connect people at all levels.
He said that if cooperatives become the core of Prime Minister Narendra Modi’s vision of Vikasit Bharat@2047, the goal of a developed India can be achieved. To boost cooperative investments, a dedicated investment wing will be set up in the Cooperative Department, with personal monitoring by the minister.
The event saw the participation of leading companies such as Reliance and Baidyanath, which announced major investments in the cooperative sector. Joint Secretary of the Union Ministry of Cooperatives, Siddharth, highlighted that cooperatives are deeply rooted in Indian culture and remain vital to the nation’s economy.
He pointed out that there are one lakh Primary Agricultural Credit Societies (PACS) across India, serving over 30 crore people. With the ongoing computerization of PACS, the sector is set to achieve new milestones in the next two years, with full support from the Government of India.
Additional Chief Secretary Ashok Barnwal noted that for the first time, the cooperative sector was included in GIS, underscoring its significance in Madhya Pradesh’s economy. The state has over one crore nine lakh cooperative members and a network of 16,000 outlets. He assured investors that PACS in Madhya Pradesh will cater to all needs and provide strong benefits to farmers.
Several business leaders shared their insights at the event, including Kumar Abhishek of Reliance, Shreyaskar Chaudhary of Pratibha Syntex, Rajiv Singh of Agrivista, Anirudh Gaur of Baidyanath, J.P. Singh of Bharatiya Beej, Vigyan Lodha of Majestic Basmati, Animesh Jain of RM Group, Sameer Sagar of Mushroom World, Abhishek Gupta of We Win, Pradeep Dwivedi of Neutralis Agricultural Producer Cooperative Society, and Sandeep Sudan of Savir Biotech.
Their participation signals a strong industry push toward cooperative-driven economic expansion. With Madhya Pradesh emerging as a cooperative investment hub, the CPPP model is expected to drive agricultural, industrial, and rural development, ultimately reinforcing the vision of a self-reliant and prosperous India.
