Are you ready to invest in the heart of India?
Madhya Pradesh is one of the fastest growing states in the country.
With excellent connectivity to large markets and major metro cities
Excellent road network of 2,30,000 KM
550 trains operate from the state
Five airports with one international terminal
MP offers world-class industrial infrastructure
The state houses manufacturing facilities for more than 300 large companies
About 100 industrial areas are multi-product and 15 are product-specific There are five industrial regions and 100 industrial areas in the state
To facilitate units, MPIDC has five regional offices
Madhya Pradesh is leading the conversation across several industrial sectors
In agro and food processing, MP is the largest producer of soya bean, gram, garlic, and pulses.
The state is the second-largest producer of wheat, green pea, and ginger
MP is a developing automobile and engineering hub and the state hosts leading automobile manufacturers
MP is also a leading floriculture producer and the fourth largest milk producer
The state is a leader in textiles, with some of its indigenous products gaining worldwide fame.
The pharma business in the state has an annual turnover of INR 100 billion
Pharma sector employs 45,000 people
There are around 300pharma companies
The MP Government is focused on future technologies and businesses
IT and electronic manufacturing clusters in the state have state-of-the-art facilities
The state has an educated and skilled talent pool available
Plug & Play clusters are available in
Bhopal, Indore, Gwalior, and Jabalpur.
MP also provides an excellent startup-ecosystem with several advantages for young businesses:
Creation of an
innovative
Incubation
Network:
Developing a robust funding mechanism
Building investor
& venture
capital
network:
Angel and mentor network to attract venture capital firms
Providing
much needed
incentives:
One-stop solution for all start-ups and incubators though an online portal
Where do start-ups in MP stand today?
- Among 53 districts, 39 have DPIIT registered start-ups
- There are 630 registered start-ups
- 32 partner incubators are functioning
These start-ups cover a wide range of sectors
In addition, many key initiatives are helping promote the growth of MSMEs
- Land reform rules have been simplified and processes made easy
- Multiple concessions merged into a single concession
- Settling disputes faster through Micro and Small Enterprise Facilitation Council
Easy subleasing & land allotment
Distribution of undeveloped land
Merging concessions
Faster dispute settlement
The ease of doing business in Madhya Pradesh has considerably increased
Online facilities have eased and improved the entire compliance cycle
Easier Documentation
Ease of Payment
Online Status tracking
Transparency & Accountability
Elimination of physical touchpoints
Prominent industrial areas are being developed across the state to boost industrial growth
Pithampur is one of the most prominent industrial growth centres of India
Spread over 1876 hectares
255 small units and 146 large units which employ 9,776 people
Mandideep is a multi-product industrial area spread across 1,102 hectares
640 SMI units and 57 LMI units which employ more than 30,000 people
Malanpur, a multi-product industrial area is spread over 1,389 hectares & has a dry port Inland Container Depot
Some key sectors:
Bicycles
Electronics
Soaps &
Detergents
Pharmaceuticals
Food & dairy products