Ostwal Group of Industries was invited at Global Investor Summit 2023 held at Indore on 11th and 12th
January. The event was presided by Hon`ble CM of Madhya Pradesh Sh. Shivraj Singh Chouhan
Mr. Praveen Ostwal. Managing Director of Krishana Phoschem Ltd along with his team represented Ostwal
group at the summit. Investor Summit was organized to provide a platform to corporates and investors
to benefit them with opportunities nationally and globally. More than 1000 delegates from all over the
world attended the summit
Ostwal Group has its significant importance in Madhya Pradesh in fertilizer sector as 2 Co.’s of Ostwal
Group (Krishana Phoschem Limited & Madhya Bharat Agro Products Limited) has its manufacturing
facilities in Jabhua & Sagar district of Madhya Pradesh.
Krishana Phoschem Ltd has its DAP/NPK project in the state which is ready to start its commercial
production in the month of February 2023. Mr. Ostwal briefed Hon`ble CM about its upcoming project
and requested him to grace the inaugural ceremony. CM willingly gave consent to be present at the event.
Ostwal Group have intention to invest new ₹ 5000 Crore in fertilizer sector in the state & to start ₹ 500
Crores plant immediately was also discussed with the hon`ble CM. He immediately instructed officers to
take necessary action and assist in project initiation and provide maximum facilities as requested by the
group. CM appreciated Ostwal group of industries initiative in making Madhya Pradesh self-sufficient on
Phosphatic fertilizer under hon`ble Prime Minister’s Make in India dream project.
The group aims to provide better employment opportunities to more than 5000 individuals and fulfilling
fertilizers requirement of more than 25 Lakhs farmers resulting into revenue generation for the state and
building nations GDP by its investment plan.