Kuwait-based firm, Indore company sign Rs 7,430 cr fisheries pact under MP policy; CM Yadav terms major boost for sector
Bhopal, July 6 -- Kuwait-based Zabedi Al Kuwait Fisheries Company and Indore-based Kamdars Care on Monday signed a Rs 7,430 crore investment and buyback agreement under the Madhya Pradesh Integrated Fisheries Industry Policy-2026.
The agreement was signed in the presence of Chief Minister Mohan Yadav at CM residence office in Bhopal with the project expected to generate 35,000 job opportunities and significantly boost the state's fisheries sector.
According to an official release, the project envisages the development of backward and forward linkage infrastructure, including cage culture facilities, at the Indira Sagar, Bargi, Bansagar and Barna reservoirs.
Chief Minister Mohan Yadav said that the initiative would strengthen the fisher...
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