Madhya Pradesh

  • Madhya Pradesh is rich in natural resources - fuels, minerals, agriculture and biodiversity. The state represents 8.3 per cent of the country's coal reserves and has 144 BCM of proven coal-bed methane reserves. The state has excellent infrastructure, with 19 industrial development parks, 129 industrial areas, six food parks, eight integrated development centres, three dry parks, one stone park, one IT park, one SEZ and an apparel park. Madhya Pradesh is an investment destination for sectors, particularly Information technology (IT), tourism and agricultural sector.
Capital | Population Bhopal | 73.34 million
State GDP & Growth Rate - GDP State GDP is around US$ 75.50billion and the growth rate is approx. 21.15%.
Per capita income The per capita income ranges from US$ 900 to 910.
Political Scenario The State Government of Madhya Pradesh is the supreme governing authority of the state. Bharatiya Janata Party (BJP) is the ruling party since 2005.
Key Sectors / Industries Auto and auto components, textiles, cement, agro-based industries, forest-based industries, pharmaceuticals, manufacturing and tourism.
Emerging markets / opportunities
  • - Cement
  • - Minerals
  • - Tourism
  • - Information Technology (IT)
  • - Agriculture
Business Scenario /Government Initiatives
  • A gems and jewellery park is being developed to promote the diamond industry in the state. MPSIDC has undertaken a US$ 14.7 million project to bring water from Narmada River to Dewas under the BOT scheme. The project would likely resolve the water problems of 460 industries and facilitate further industrialisation of the Dewas industrial belt. Indore has been identified for infrastructure development under the Textiles Centre Infrastructure Development Scheme (TCIDS) and a cluster of the readymade garments industry with over 1,260 garment units. To attract investment into the sector, the government has provided an interest subsidy for five years at the rate of five per cent for textile projects and seven per cent for composite textile projects. The state has excellent infrastructure, with 19 industrial development parks, 129 industrial areas, six food parks, eight integrated development centres, three dry parks, one stone park, one IT park, one SEZ and an apparel park.
  • The state of Madhya Pradesh is located in the centre of India and is often called the Heart of India.
  • This state’s economy is primarily driven by its large natural base. Some of the key industrial sectors in Madhya Pradesh that have competitive strength and have the potential to attract new foreign investments are food processing and the cement industry. There is a great scope for investment in the mining sector, textile industry and pharmaceutical.
  • Some of the advantageous features for investing in this state include:
    • The state has a good proactive and liberal administrative system.
    • It has simple and transparent investment procedures.
    • The state is one of the richest states in terms of its natural resource base.
    • It has an easy availability of highly skilled and capable human resources.
    • The state has a good, peaceful, and conducive atmosphere for business investment.
    • The state also has a well-established industrial framework and diverse agricultural setup.
    • It is one of the main states of India that has a well-connected intra and inter transport system. The state is accessible by different modes of transport including railways, roadways, and airways. It has a good network of these transportation means.
    • The state has a huge market with a large consumer base.
    • The state is also well equipped with a world-class telecommunication network.
  • As a result of the Madhya Pradesh government’s proactive initiative and its incentive policies, a huge number of sectors are emerging with substantial potential for foreign investment. The investment climate in Madhya Pradesh has grown remarkably to offer the best opportunities imaginable to an investor.
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