If you are looking to invest and grow your business in a place that offers unmatched business advantage, look no further than Madhya Pradesh. With Compounded Annual Growth Rate (CAGR) of 12%, Madhya Pradesh is the focus of immense growth and presents you with vast investment opportunities across all sectors. With its emphasis on all-round development, the state is the role model of inclusive growth in the county today.
- Madhya Pradesh’s strategic location has helped the state establish as a logistic hub of India that provides easy access to consumer markets across the length and breadth of the nation.
- Daily convenient flights to and from major cities such as New Delhi, Mumbai, Ahmedabad, Hyderabad and Raipur, Convenient access to all major ports such as JNPT, Kandala etc.
- 4,885 km of national highways and 10,249 of state highways connecting every major cities and tourist destinations
- 425 trains pass through MP daily with 220 trains passing through state capital Bhopal With impressive agricultural growth of around 18% and industrial development record, proactive and transparent administration, Madhya Pradesh is truly the growth centre of India.
The primary, secondary and tertiary sectors registered high growth rates of 8.75%, 11.11% and 10.08% respectively at current prices during the period 2007-12. Madhya Pradesh has created a new history by creating a white revolution in the state by purchasing milk from more than 2 lakh milk producers. The growth in the dairy segment is impressive 22.5% with more than 6000 milk cooperatives collecting milk in the year 2012.
Bhopal, the state capital, is an established engineering cluster with over 800 units the region is becoming a favorite destination for auto and engineering giants. With uninterrupted power supply to industries, dedicated water reservoirs for industrial use, availability of skilled manpower and robust socio-economic infrastructure, Madhya Pradesh offers a complete package for versatile business growth.
MOUs worth Rs 7369 billion (US$ 148 billion) were signed across various sectors during previous global investors’ summitsout of which 158 projects with investments of Rs 3286 billion (US$ 66 billion) are already under various stages of development in the state. Development of Delhi – Mumbai Industrial Corridor would accelerate the growth in coming years. Early bird projects coming up along the route of DMIC in the field of education, food, warehousing, cement, power, agriculture and logistics will help the state reach new peaks and horizons. The proactive state government has well established framework and business friendly policies that are attractive to investors.
Focus Sectors
- Engineering and Automobile
- Agribusiness and Food Processing
- Tourism
- Textiles and Apparels
- Pharmaceuticals and Biotechnology
- IT/ITeS
- Non Conventional/Renewable Energy
- Mines and Minerals
- Infrastructure Development
- Warehousing and Logistics
Financial capital of the state, Indore is hosting the global investors’ summit from October 28-30, 2012 that will provide an ideal platform for investors, policy makers and other important stakeholders to converge about the future of industrialization in the state.
In the month of June, Chief Minister Shivraj Singh Chauhan and Industry Minister Kailash Vijayvargiya led a delegation to Japan, Korea and Singapore to invite businessmen and other thought leaders to participate in the global summit. Two other high-level delegations would visit United States, United Kingdom and Middle Eastern countries in the month of July and August. A tentative schedule could be obtained from www.investmp.com.
