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Invest in Madhya Pradesh, India

Autor:   •  October 20, 2015  •  Presentation or Speech  •  553 Words (3 Pages)  •  708 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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