Madhya Pradesh has carved its identity as an ‘invest-friendly State’. It has joined the States with fastest growing economy in the country. Apart from major projects, the State’s Industries Department is also inviting and attracting investors to set up micro, small and medium industries in the State. From year 2005-06 to 2013-14, State’s industrial growth rate stood at 8.08 per cent, which is more than the national average.
So far, over 800 major and medium industries have been set up in the State at a cost of `53,000 crore providing jobs to about 1,90,000 people. The number of total micro and small industries is over five lakh with an investment of `5,200 crore and providing jobs to about 13,14,000 people.
As many as 186 industrial areas on 6,100 hectares and 45 industrial development centres/parks on 8,500 hectares have been set up to provide land to industrial units in the State. Besides, a land bank of Government land has also been set up under which 19,000 hectare land has been identified for allotment to industrial units as per their requirements.
A scheme has been chalked out to develop all-equipped industrial areas in phases on 7,675 hectares at 27 places costing `3,022 crore during the 12th Five-Year Plan. Of these, work of Crystal IT Park industrial zone at Indore has been completed.
Delhi-Mumbai Industrial Corridor’s main objective is to create global level competitive atmosphere and lay a strong economic foundation. State’s 10 districts namely Neemuch, Mandsaur, Ratlam, Jhabua, Dhar, Indore, Dewas, Ujjain, Shajapur and Rajgarh have been included in the corridor. Four investment nodes under DMIC are also proposed in Madhya Pradesh namely Vikram Udyogpuri, Ujjain, Economic Corridor from Indore to Pitahmpur, Integrated Multi Nodal logistics Hub, Pithampur, Green Field Integrated Township and Pithampur Water Supply Scheme. land acquisition and transfer process is underway for this.