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KNOW INDIA
Madhya Pradesh
Cement
Economic Infrastructure
Major Industries
Policy Framework

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INDIAN STATE : MADHYA PRADESH

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.

Potential Investment Projects

  • Industry:
    a. New Export Oriented Ventures in SEZ.
    b. Software Development BPO Units in Crystal IT Park Institute of life science and Technology-A Design & A Road Map.
  • Project for Maximization Oilseed and Pulses production in Bundelkhand Region of M.P.
  • Opportunities for setting up Food Processing Industries.
  • Infrastructure for Textile Centres.
  • Textile related projects.
  • Down Stream project on Bina Refinery & Coal Bedded Methane at Shahdol.
  • Industrial Cities.
  • SEZ & IT/ BT/ Agro Parks.
  • Agro Processing in Agri Export Zones.
  • Building up of Auto & Auto parts units considering the opportunities provided by Auto Track & Auto Cluster at Indore.
  • Manufacturing, Maintenance facility, Logistic & Cargo Hub for Airline Industry at Indore/ Bhopal.
  • Institute of life Sciences & Biotechnology.
  • Herbal Minor Forest Produce and Medical Plant Production & Processing.
  • Education:
    a. New institutes for professional courses.
    b. Air Hostess Training & Hotel Vocation Multi purpose school
  • Central Business District Project.
  • Eco & Adventure Tourism Projects.
  • Fisheries & Tourism Project at Indira Sagar Dam.
  • Development of Buddhist Circuit in Madhya Pradesh.
  • IT Park at Bhopal.
  • Software Technology Park at Bhopal.
  • Science City at Dewas.

Policy Framework

Industrial Promotion Policy 2004

With a view to attain a double digit economic growth in Madhya Pradesh and for making the state prosperous, the state Cabinet has approved the new industrial policy (Industrial Promotion Policy 2004 and Action Plan). The Industrial Promotion Policy would be effective for five years from 1st April 2004.The new policy envisages on creating an industry-friendly administration, maximizing employment opportunities, tackling industrial sickness, to rationalizing rates of commercial taxes and bolstering private sector participation.

Objectives of the Policy

  • To make state administration industry friendly by simplifying rules and procedures.
  • To accelerate the pace of industrialization and make Madhya Pradesh industrially a leading state.
  • To maximize employment prospects.
  • To attract NRI and foreign investment by developing world-class infrastructure.
  • To create congenial environment for the development of small, medium and large industries.
  • To ensure balanced regional development by generating employment in the non-farm sector.
  • To chalk out special packages for removing industrial sickness.
  • To integrate the different employment oriented schemes in order to provide employment opportunities on a sustainable basis
  • To rationalize commercial tax rates to make the state's industries competitive vis-à-vis industries in other states
  • To provide direction to industrialization, keeping in view the available local resources and the existing industrial base.
  • To ensure private sector participation in the state's industrialization process.
  • To financially strengthen the undertakings of Department of Industries, enabling them to play a pivotal role in the promotion of industries.

Strategy of the Industrial Policy

  • Providing incentives and facilities in the state to achieve objectives of Industrial Promotion Policy and ensuring effective implementation of planned strategy.
  • An Employment Board has been set up for employment generation under which policy for employment and self-employment schemes will be framed and monitored.
  • Madhya Pradesh Trade and Investment Facilitation Corporation (TRIFAC) will be set up.
  • In the process of industrialization, maximum participation of private sector will be ensured.
  • In order to promote investment, the rules of the business of the State Government would be amended and single window system would be strengthened and made effective and dynamic by enacting 'Industrial Facilitation Act'.
  • Technological up-gradation, modernization and development of industrial units would be encouraged.
  • Clusters of the industries would be identified and necessary steps will be taken to remove their deficiencies related to infrastructure, finance, and marketing and technology.
  • Financial concessions will be provided to promote small, medium and large industries.
  • Appropriate step for the development of the sectors of information technology, biotechnology, automobile, pharmaceutical, food processing, herbal industries will be taken by considering them as thrust sector Industries.
  • Rules for the rehabilitation of sick and closed industries will be simplified and special package will be given for their promotion.

Full text of the policy (.pdf)

Information Technology Policy 2006

Madhya Pradesh strives to use Information Technology to achieve the following objectives:

  • Improve the life of the common man leveraging the strengths of e-Governance.
  • Attract investment in the sector so that the educated youth is able to contribute to the development of the State.
  • Create a pool of highly skilled professionals who are at par with the best in the country.
  • Transforming Resource Based Economy to Knowledge Based Economy.

Full text of the policy (.pdf)

Biotech Policy (2003)

The broad objectives of the policy shall, inter-alia, include promotion of biotechnology applications for:

  • Conservation of the state's biodiversity and the sustainable use of its biotic resources.
  • Production of high-yielding, draught and pest - resistant seeds for agriculture and horticulture crops suited to different agro-climatic zones.
  • Improvement of the quality of livestock and poultry, especially the breeds indigenous to the state.
  • Enhancement of the productive potential of the aquatic eco-system.
  • Promotion and cultivation of medicinal and aromatic plants, and the processing and value addition of their produce.
  • Production of cost effective drugs that help counter diseases common in the tropical and sub-tropical regions of the country.
  • Promote environmentally safe technologies for pollution abatement, especially treatment of urban waste and industrial effluents.
  • Afforestation and especially in the quick revival of species which have shown a tendency to decline.
  • Generation and use of different types of bio-energy.

Strategy of the Policy

To help achieve the above laid objectives, the state government through its different organs endeavor for the following:

  • Expansion of opportunities for biotechnology education for research, industry, farmers and community level extension services.
  • Promotion of community based biotechnology applications in agriculture, horticulture, livestock & poultry, fisheries, forestry and health sectors.
  • Promotion of studies in the legal and regulatory aspects of intellectual property rights involving different stakeholders including farmers, tribal and rural communities, and the practitioners of traditional and herbal medicine.
  • Establishment of biotechnology industry in the state.
  • Establishment of a biodiversity and biotechnology network of institutions and agencies.

Full text of the policy

Industrial Areas and Centres

S.No Industrial Areas Location
1. Special Economic Zones Indore
2. Growth Centres - (19 Centres under these Areas) Gwalior, Jabalpur, Bhopal, Indore,Rewa
3. Food Parks (7 Parks under these Areas) Bhopal, Nagpur, Indore, Gwalior, Jabalpur
4. Crystal IT Park Indore
5. Major Industrial Areas (Approx 150 units under these areas) Bhopal, Sihore, Raisen, Harda, Mandideep, Dewas, Pithampur, Khandwa, Jhabua, Dhar, Ujjain, Mandsaur

Prominent Companies in Madhya Pradesh

SRF Limited Jaypee Group Kirloskar
Airtel Hindustan Unilever Pratibha Syntex Ltd
Lupin Cadburys Avtec
JK Tyre Tata Bharat Petroleum
BHEL Hindustan Motors Ruchi Soya Industries
Ranbaxy Aditya Birla Group Godrej
Eicher Dainik Bhaskar Reliance
Bajaj Indorama TAFE
Bridgestone    

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