Invest in Madhya Pradesh, India
Autor: kelthos26 • October 20, 2015 • Presentation or Speech • 553 Words (3 Pages) • 701 Views
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Madhya Pradesh
The factors which show promising prospects for investing in Madhya Pradesh are-
Strategic Location-
Air Connectivity
- Direct flights to key cities like Delhi, Mumbai, Bangalore, Ahmedabad, Hyderabad & Kolkata
- The tourists centres are accessible in a convenient manner due to an intra-state Air taxi - Air Ventura
Road Connectivity
- A road network spanning 4670kms of National Highways
- State Highways which are 10,249 km long
- North-South and East-West corridors which passes through MP
Connectivity to Ports
- Convenient access to major ports such as Kandla Port, Jawaharlal Nehru Port Trust
Train Connectivity
- 425 trains passing through Madhya Pradesh daily makes it an easily accessible location
- 220 trains pass through the state capital Bhopal alone
Strong Resource Base
- MP is the only diamond producer state in India which gives it an edge when compared to the others
- India's largest opencast copper mine is at Malajkhand, Balaghat. India’s copper demand comes from the telecom sector and 26 per cent from the electrical sector in India. This promises a huge investment opportunity for the sector.
- In addition, the building and construction, engineering, transport and consumer durables sectors are major consumers of copper in India
- Thickest coal seam (135m) of Asia at Singrauli coalfield is present in MP
- 4th largest cement producing state in India, producing 14% cement of the country
- Leading producer of manganese, Dolomite, Rock-phosphate, glass sand
- Major producer of coal, limestone, copper, diaspore and pyrophyllite
Infra structure Support
Water
- 56,857 MCM water available from 10 main rivers for irrigation of 6.974 million hectare of land
- Approx. 900 MCM water of Narmada river reserved for industrial use in MP
- The presence of abundant water for water-based industries is an added advantage
Land
- Second state in India to provide land for mega projects at 75% discount
- Land Bank of over 25,000 hectare available for investment
- Large tracts of land available in Madhya Pradesh at very competitive rates
Power
- MP boasts of a power surplus state with an installed capacity of 14,000 MW
- Average power rate is INR 5.9 per unit for HT users
- 24 hours HT power available to industries for undisrupted work
- MP is home to single largest solar voltaic unit in India at Neemuch with a power capacity of 130 MW
Initiative taken for easing out Business
- The steps like single point of submission for requisite clearances from 5 departments
through a Combined Application Form has been set up for ease of investing - Web-enabled Single Window System for investment facilitation
- Easy investment facilitation through Madhya Pradesh Trade & Investment Facilitation Corporation Limited (MPTRIFAC)
Business Friendly Policy
- The most competitive incentive package in India for investments in
manufacturing - The most competitive incentives for investing in the IT/ITeS sector
- Customized packages for auto projects with an investment layout of
INR 5 billion and above - Only state in India to extend incentives for mother units to vendor units
- First state in India to introduce incentives for skill development for development from grassroots levels
Past Records are the reflection of Future growth
- 9% CAGR in GSDP of Madhya Pradesh (2005-2013)
- 7% CAGR in the agriculture sector (2005-2013)
- 9% CAGR in the industrial sector (2005-2013)
- 10% CAGR in the service sector (2005-2013)
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