ADVANTAGE
MADHYA PRADESH

Strategic Location

Strategic Location Madhya Pradesh
  • Located at the center of India with catchment area of approximately 50% of India's population
  • Well connected to all the major commercial hubs of India including New Delhi, Mumbai, Ahmedabad, Hyderabad and Kolkata
  • Has convenient access to all the major ports in the country including Kandla Port (Gujarat) and Jawaharlal Nehru Port (Mumbai, Maharashtra)

Strong
Resource Base

Resource Base
  • Sole producer of diamonds in India
  • Leading domestic producer of natural resources like Coal, Limestone, Copper, Diaspore, Pyrophyllite, Manganese, Dolomite, Rock Phosphate and Glass Sand
  • Leading domestic producer of agricultural resources like Gram (#1), Soybean (#1), Pulses (#1), Wheat (#2), Onion (#2) and Green Peas (#2)

Robust & Consistent
Economic Growth

  • One of the fastest growing major state in the county – reported GSDP CAGR of 9.5% over the last 3 years (FY13 to FY15) vs national GDP growth of about 6% during the same period
  • Reported GSDP growth rate of 10.2% in FY15 vs national growth of 7.3%

Robust
Support Infrastructure

Support Infrastructure
  • Approximately 1,60,000 Kms of road network
  • 5 Commercial Airports(Bhopal, Indore, Gwalior, Jabalpur & Khajuraho) along with 20 operational airstrips
  • 5 Inland Container Depots at Malanpur (Gwalior), Ratlam, Mandideep (Bhopal), Pithampur (Indore), Pawarkheda (Itarsi)
  • 425 trains transit through the state daily
  • Offers 24x7 industrial power – power surplus state with available capacity of 17,000 MW
  • Dedicated water supply for industry – water reserved for industries in the state reservoirs

Industrial
Land Bank

Industrial Land Bank
  • 25,000 Ha. of industrial land bank including 9,000 Ha. of developed area
  • Land details and booking facility available online through a Geographical Information based system
    Please click here to explore Land Bank

Favorable
Policies

  • Progressive and Competitive Industrial Promotion Policy; key elements include:
    • Fiscal incentives – VAT/ CST reimbursement, Entry Tax exemption and Electricity Duty exemption/li>
    • Assistance for developing infrastructure such as power, water & road, if the investor acquires private land for setting up of project
    • Mother units allowed subleasing of land to vendor units
    • Vendor units extended similar package of incentives as offered to the mother unit
    • Customized incentives package provided incase project investment in plant and machinery is over INR1000 mn.
  • Additional benefits available under the sectoral policies

Ease of
Doing Business

  • As per DIPP and World Bank report of 2015, Madhya Pradesh is among the top 5 states in India in terms of Ease of Doing Business
  • The state ranks number one, in terms of allotment of land and obtaining construction permit, according to the same report
  • The report also appreciated the simplified and conducive labour policies of the state – need to maintain just one labour registers in place of 61 and single annual return in place of 13, for all industries & establishments
  • The state has an empowered and effective Single Window System for time bound clearance of approvals. It provides a transparent one stop solution. It is a repository for information regarding state's infrastructure, information about investment application processes and grievance redressal
  • VAT reimbursements are credited directly into company's account