Israel to invest Rs. 40,000 cr. in MP

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Bhopal: Israel has evinced interest to make a whopping investment of nearly Rs. 40,000 crore in sectors like agriculture, horticulture, aquaculture and dairy in Madhya Pradesh.

“A team of Indo-Israel Chamber of Commerce led by Embassy of Israel Economic Counselor Mouneer Agbariya recently met state government officials and showed interest to invest nearly Rs. 40,000 crore in Madhya Pradesh,” PHD Chamber of Commerce and Industry State Director Rajendra Kothari told PTI on February 15.

Kothari said that the Israel government has cleared the overseas investments of its private concerns. He said that Israel was doing farming and dairy business with minimum resources and maximum technology and its productivity was at international level.

Kothari said that though Israel records a scant rainfall of 10 inches, its agriculture and farm production was very high.

He said that an Israeli cow gives 40 liters milk a day whereas the bovine milk production capacity in Madhya Pradesh was just two liters a day.

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