Bhopal, Feb. 24 -- SAGE Group, a business conglomerate, has announced a significant investment of Rs 1,450 crore in Madhya Pradesh. The investment will focus on the renewable energy sector and other industries, including hospitality.

This commitment was revealed by Sanjeev Agarwal, Chief Managing Director of SAGE Group, during an exclusive conversation with ANI at the Global Investors Summit in Bhopal.

Agarwal highlighted that a major portion of the investment, Rs 500 crore, will be allocated to developing a renewable energy industry in the state. Additionally, the group is set to invest Rs 300 crore in a new hotel project in Madhya Pradesh.

"SAGE Group has made a new beginning. We have committed to investing Rs 1,450 crore in this sum...