INDIAN STATE : MADHYA PRADESH

Social Infrastructure

Education

Madhya Pradesh is known for high quality educational institutions ranging from schools to higher centres of learning and research. The government has taken several initiatives for extending the elementary education and training for teachers.The state aims to become an educated state and not merely a literate state by developing a "learning society as opposed to a schooling society".

Major Industries

The industrial sector contributes 8 per cent to employment of the state workforce and 25 per cent to state GDP. The rate of annual industrial growth in the recent past has varied from 4 per cent to 6 per cent. Indutry in Madhya Pradesh is largely resource driven leveraging the state's natural wealth in the form of limestone, coal, soya, cotton, bauxite, iron-ore, silica etc. Therefore, the state has a strong industrial base in sectors like textile, cement, steel, soya processing and optical fibre.

Agriculture and Agro Processing

Madhya Pradesh is the fourth largest producer of agri produce in India with lowest consumption of fertilizer per hectare. The performance of the agriculture sector in the state has been impressive. Major Crops grown in the State are Paddy, Wheat, Maize and Jowar among Cereals, Gram, Tur, Urad and Moong among Pulses, while Soybean, Groundnut and Mustard among Oilseeds. Also commercial Crops like Cotton and Sugarcane are also grown in considerable area in few Districts. Horticulture Crops Potato, Onion, Garlic, along with fruits like Papaya, Banana, Oranges, Mango and Grapes are also grown in the State. Some area has also been brought under medicinal and narcotic crops.

The investment opportunities in this sector include

• Wheat processing
  
• Potato processing
  
• Spices
  
• Edible oil

The state government promotes investment in the agriculture sector and attractive incentives are being provided to the private partners.

Herbal Business

Madhya Pradesh is known for a wide range of herbs. It caters to about 40 percent of Indian herbal industry's requirement across spread across the country. The main herbal centres are Shivpuri, Betul, Katni, Neemuch and Lalitpur. The natural occurrence of most of the herbs blended with mass scale cultivation of many has made the state the herbal hub of the country. Madhya Pradesh is the raw material bowl of the herbal industry and is all set to become the main processing centre for several herbal products.

Investment opportunities exist in this sector in the following industries:

• Aloe vare gel extraction and spray dried powder manufacturing units.
  
• Units to produce extracts of various herbs.
  
• Fractional distillation units for value addition in essential oils.
  
• Various ayurvedic drug formulation units.
  
• Promotion of food and vegetable colour dyes.
  
• Production of concentrates from flowers.
  
• Primary processing of raw herbs.
  
• Isabgol dehusking units.
  
• Herbal cosmetics
  
• Units to make perfumery compounds
  
• Production of bio-diesel.

Cement

Madhya Pradesh's key strength in cement industry is the presence of large limestone reserves.Prominent cement companies present in the state include ACC, Grasim Industries, Jaiprakash Associates, Cement Corporation of India Ltd, Century Textiles and Mysore Cements.

Textiles and Apparels

The textiles of Madhya Pradesh are a part of the rich heritage of India. The bordering States of Orissa, Gujarat, Maharashtra, Rajasthan and Uttar Pradesh have influenced the weaving, printing and colouring of textiles of Madhya Pradesh, but at the same time they have developed their own distinctive style and individuality.

The state has vast opportunities for Spun Yarn, Fabric, Textile / Fashion Designing, Readymade Garments.

Pharmaceuticals

The Pharmaceutical sector in Madhya Pradesh envisages tremendous scope for Bulk drugs/formulations, Herbal products, Contract research, Research centres/ laboratories.

Auto and Auto components

This sector offers tremendous potential with reference to HCV/LCV/MCV/PC/2-3 Wheeler, Auto Components: Tyres, Engines, and Gears.

Minerals/Stone

The opportunities in this sector include Stone cutting & Polishing, Marble, Granite, Sandstone, Mineral / Gas exploration, Mineral excavation and Power generation plant.

Tourism Industry

With the view to speed-up development of Tourism in Madhya Pradesh, the State Government announced a New Tourism Policy in January 1995. The new tourism policy envisages creation of an environment conducive to attracting increased private investment in the tourism sector, and a more meaningful role for the Government.

The opportunities in this sector include

• Hotels,
  
• Resorts,
  
• Charter Flights,
  
• Adventure Zones,
  
• Amusement Parks and
  
• Tourist trains.

IT/IT related services

Investment opportunities exist in the area of business Process Outsourcing, and software / hardware segments. Madhya Pradesh is targeting 5-10% of the Indian share of Global IT/ITES market.

Concessions & Financial Assistance

To view cocessions and financial assistance in Madhya Pradesh Click here

Policy Framework

Industrial Promotion Policy 2010

Full text of the policy

Prominent Companies in Madhya Pradesh

Useful Web Links

• Government of Madhya Pradesh