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Advantage MP
Advantage Madhya Pradesh
- Strategic Location – located at the centre of India with catchment area of ~50% of India’s population. Well connected to all the major Indian cities and ports.
- Strong Resource Base –major producer ofCoal, Limestone, Copper, Diaspore, Pyrophyllite, Manganese, Dolomite, Rock Phosphate, Glass Sand and Cement
- Consistent Economic Growth – GSDP CAGR of over 8% over the last decade
- Robust Support Infrastructure – ~1,60,000 Kms of road network, 5 commercial airports and 6 ICDs, 24x7 industrial power and dedicated water supply
- Large Industrial Land Bank – ~1,20,000 acres including 40,000 acres of developed area ; online allotment
- Abundant Technical and Skilled Manpower – Over 100,000 engineers graduate from Madhya Pradesh, annually
- Favorable Policies – Fiscal Incentives including VAT/CST refunds, interest subsidy and power rebate; Up to 100% of P&M investment can be recovered through concessions
- Ease of Doing Business – online approvals and reimbursements via Single Window System; among top 5 states in India in terms of EoDB, as per World Bank ranking
Page last updated: 09-10-2019