IT/ITeS & ESDM

IT/ ITeS & ESDM
IT/ ITeS & ESDM
IT/ ITeS & ESDM
ESDM
ESDM

Sector
Highlights

  • Madhya Pradesh has adopted a proactive approach in attracting companies in IT/ITeS sector
  • The state government has unveiled two progressive policies specifically for the sector – IT Policy and BPO Policy
  • Additionally, there is availability of skilled technical manpower – more than 100,000 engineering graduates pass out of the State’s engineering colleges every year
  • Plug and play infrastructure is available for IT/ ITeS companies across all the four major cities of Madhya Pradesh, namely Indore, Bhopal, Jabalpur and Gwalior
  • Major IT/ ITeS companies operating in the state include Infosys, TCS, AEGIS, CSC, Firstsource and Impetus

Policy
Highlights

IT Policy

  • 75% rebate on cost of land for IT parks
  • Interest subsidy of 5% for 7 years
  • Capital subsidy of 25%
  • VAT and CST refund for 10 years
  • 100% stamp duty and registration fee exemption
  • 100% entry tax exemption for 5 years

BPO Policy

  • Subsidy on telecom infrastructure
  • Reimbursement of rent