With the aim to promote investments in the state, Chief Minister Kamal Nath on Friday inaugurated the "Magnificent Madhya Pradesh" event by lighting a lamp.
Over 900 business representatives are participating in the event organised at the Brilliant Convention Centre here.
Agreements worth Rs 1 lakh crore are expected to be inked during the event. The investments are likely to generate over two lakh jobs in the state.
The day-long programme will see several sessions, which will be attended by leading businessmen. They will be briefed about the facilities being provided by the state government.
Several countries have also made investment proposals.