Department of Industrial Policy and Investment Promotion

Objectives & Strategy

Department of Industrial Policy and Investment Promotion, GoMP, is responsible for all round industrial development of the State. The department facilitates establishment of industries to achieve employment generation and utilization of local resources. Additionally, the department acts as a catalyst to modernize and strengthen industries of the State to make them globally competitive. 

Objective:

Department of Industrial Policy and Investment Promotion, GoMP, is responsible for promotion of economic development in the State through industrialization and private capital investment.

Strategy & Activities:

• Promotion through Online Portal: 
  • GoMP has created a Progressive Policy Framework and Conducive Business Environment for economic activities in the state 
  • Single Window Online System created for approvals, exemptions and reimbursements (www.invest.mp.gov.in)
  • All steps taken by the GoMP are promoted through web portals (www.investmp.com; www.invest.mp.gov.in) of GoMP, along with departmental websites)
• Promotion through Participation in IP Events
  • GoMP participates in various national and international exhibitions, trade fairs, investor summits and conferences to promote Madhya Pradesh
• Promotion through Organising Roadshows
  • GoMP organises national and international roadshows in order to promote its flagship investment promotion event – Global Investors Summit
• Promotion through Global Investors Summit (GIS)
  • Global Investors Summit a biennial, flagship investment promotion event of Government of Madhya Pradesh (GoMP) provides multiple business opportunities for participating companies and individuals

• Tax delinked investment assistance ranging from Rs. 4 crore to Rs. 270 crores based on the amount of investment in plant and machinery, with 1.5 times incentive for food processing industry

• Land:
  • New Land acquisition for Industrial developments from Government or Private
  • On field activities for Land Allotment to Investor
• Marketing: 
  • Promoting Industrial areas
  • Participating in roadshows
  • Promoting MP industrial schemes
• Infrastructure: 
  • Develop entire essential infra such as water, power and roads by availing funding from State/ Centre Govt. or Loan from Financial Institutions
  • Operation & Maintenance: 
  • Responsible for O&M of developed infrastructure in industrial area
  • Collections of Lease rent & O&M charges

D. Ease of Doing Business:

• Single Window Platform – ‘INVEST Portal’
  • ‘INVEST Portal’ is being developed for monitoring of entire life cycle of investment projects, right from receipt of the ‘Intention to Invest’ to grounding and completion
  • The portal will ensure time-bound delivery of facilities and permissions through continuous review/ monitoring
  • The portal will provide a single sign-on platform to the investors, to procure all the approvals/ permissions and facilities
  • Development of ‘INVEST Portal’ started in April 2017 and is expected to be operational by October 2018

E. Facilitation:

• MPIDC guide/facilitate investors and answer their queries via phone and emails that form part of investor helpline mechanism (facilitation@mpidc.co.in +91 755 2559971)
• Additionally, a Relationship Manager is appointed for all the investment intentions of above Rs 10 Crs
• Further, Hon’ble Chief Minister meets investors every Monday, under the single table mechanism

F. Cabinet Committee on Investment Promotion

• Enables fast track approvals for projects
• Sanctions special fiscal incentives and customized packages for mega projects with investment in P&M of over Rs 100 Crs

Page last updated: 06-07-2019