Although primarily an agrarian economy, the state has the largest diamond and copper reserves in India.
Ranked #7 in Export Preparedness Index 2021
Accounts for 14% of India's total cement production
2nd largest state with rich mineral, forestry deposits.
Installed power capacity of 23,400 MW.
120,000 acres industrial land bank for investment.
GSDP is estimated at US$ 150.74 billion in 2022-23,
NSDP was about US$ 113.94 billion in 2020-21
Exports from the state stood at US$ 6,477.32 million in FY21
destination for OEMs and auto parts manufacturers in India owing to the state's proximity to industrial and agricultural centres.
Notified Industrial Areas, 19 Growth Centers, four notified Special Economic Zones (SEZs), and 12 product-specific industrial parks.
of renewable energy capacity has been identified following a fourfold increase over 2012-18, to bring improved energy security.
Commercial Airports (Bhopal, Indore, Gwalior, Jabalpur & Khajuraho) along with 20 operational airstrips boosting connectivity
of India's total cement production comes from the state.
Madhya Pradesh offers varied tourism riches spanning history and heritage to wildlife to tribal culture to waterfalls and marble hills.
Here are the leading sectors with opportunities for foreign investors
VE Commercial Vehicles Ltd, a joint venture of Sweden-based Volvo Group and India’s Eicher Motors, to set up a new production facility at Bhopal
Government has entered into a US$250 million loan deal with the Asian Development Bank for rural road construction.
John Deere, an American manufacturer of agricultural, construction, and forestry machinery, has set up a manufacturing plant in Dewas
AkzoNobel, a Dutch paints and coatings manufacturer, runs a production plant in Madhya Pradesh
Panasonic Energy runs a Dry Cell Battery project out of Madhya Pradesh
Mega Thermal Power Project in Khandwa district, with an expected cost of over US$1b, and capacity of 1,320 MW
Vikram Udyogpuri is an integrated industrial township at Ujjain, spread over 442 ha, with an investment of US$7b
has selected Bhopal, Indore, Jabalpur, Gwalior, Sagar, Satna and Ujjain in Madhya Pradesh for urban development
Smart Industrial Park at Shivpuri, spread over 880 ha, with expected project cost more than US$102m
Government of India, the Government of Madhya Pradesh and the World Bank have signed a US$210m loan agreement for rural connectivity
An agreement signed between the Power Finance Corporation (PFC) and Narmada Basin Projects Company Ltd. (NBPCL) will lead to the developing of hydroelectric and multipurpose projects amounting to Rs 22,000.
India has a well-oiled enterprise promoting machinery that is backed by strong legislative, judiciary, executive, and capital establishments
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