MP Industrial Scenario

State falls under influence area of Delhi Mumbai Industrial Corridor (DMIC) and has developed industrial and investment regions like Pithampur-Dhar- Mhow, Ratlam-Nagda, Shajapur-Dewas and Neemach-Nayagaon along the corridor. State hosts one of the twelve Japanese Industrial Townships to be established in India, as envisioned under “The India Japan Investment Promotion Partnership” at Pithampur, Indore. Additionally, State has also developed an Industrial Township specifically focused on South East and Far East Asian investors. State is developing four investment corridors (Bhopal-Indore, Bhopal-Bina, Jabalpur-Katni- Satni-Singrauli, Morena-Gwalior- Shivpuri-Guna) to promote industrial development and employment opportunities. Madhya Pradesh is a leading producer of minerals in India with major production in Manganese, Copper, Glass, Limestone, etc. and is the only state in India with diamond reserves. It has over 8% of the total Coal reserves of India and 1,434 billion cubic meters coal-bed methane. State government is promoting sustainable utilization of resources to promote industrial development. Madhya Pradesh has all of the 11 agro climatic zones of the country. The state ranks first in producing soybean, pulses, grams, garlic, etc. and is 2^nd largest producer of wheat, maize and Green peas. Madhya Pradesh is one of the leading states in growing banana, orange, guava, mango and lemon fruits. The state contributes over 40% share to India’s total organic farming and as per a report published by DACFW, Government of India, Horticulture productivity/hectare is higher in MP than India’s national average. The state contributes the maximum forest cover to the total forest area of the country, nearly 94,689.38 sq. KM. Medicinal plants of around 2,200 varieties are available in Madhya Pradesh forest. The state has 14 per cent ‘pashudhan’ (cattle wealth) of the country which contributes nearly 10 percent to the to the total milk production of the country. State has 1,20,000 acres of industrial land bank including 40,000 acres of developed area. Over the last years it has developed SEZs and sector specific parks like SEZ Pithampur, Crystal IT park, Plastic park in Tamot and Gwalior, Logistics park Shivpuri, Vikram Udyogpuri, Ujjain, Spice park, Chhindwara, among other. Additionally, one multi-product SEZ is proposed in Chhindwara. Abundant Technical and Skilled Manpower is available in the state to support the industries. The State is home to several premier national institutes like AIIMS, IIT, IIM, NIFT, NID, NLIU, IIITM and CIPET. Also, it is home to ~45 Universities including Central, State and Private universities. Around One lakh manpower (technical experts) join workforce from these colleges every year in the state. Madhya Pradesh is also rich in culture and tourism. Tourism sites like Khajuraho, Bhimbaithika and Sanchi have been recognised as world heritage centres. Kanha, Bandhavgarh, Pench, Panna and Shivpuri are famous tiger reserves and have various other animals, also. Pachmarhi, Amarkantak and Tamia are some other major tourism destinations of the State. Tourism department has also taken initiative to promote tourism using various islands in the state like Hanuwantiya, Madhya Dweep and Sailani islands. It host India’s only and largest water carnival, Jal Mahotsav, every year. The state is leader in textile manufacturing, automobiles, food processing, engineering and agriculture equipment manufacturing. The peaceful manpower of the State is an added advantage for industrial development. All the above mentioned factors pave the way for the Madhya Pradesh to become a developed state. According to report released by RBI, Madhya Pradesh secured fifth position garnering 7.2 per cent share in industrial investments. Over the last decade Madhya Pradesh has witnessed a radical transformation in terms of economic and social development. The same is attributable to stable government, supplemented by creation of a robust support infrastructure in terms of roads, water supply, irrigation capacity and a 24×7 power supply. Madhya Pradesh stands 5^th among Indian states in ease of doing business ranking conducted by World Bank and DIPP.