Madhya Pradesh is blessed with rich natural resources, decent climate and fertile agro-climatic conditions and is one of the fastest growing states in India. Rapidly growing state offers immense business opportunities across sectors. In Madhya Pradesh, investors have better options in terms of project location, infrastructure, incentives and other facilities.
Madhya Pradesh is the second richest state in terms of its mineral resources. Primarily, it has an agricultural and pastoral economy. Industrial development is primarily concentrated in Indore, Bhopal, Gwalior and Jabalpur districts. Large industries are established at Pithampur in Indore, Malanpur in Gwalior & Mandideep in Bhopal. Cement, sugar, paper, textile, steel, soya, vehicles and medicine are the major industries today in the state. BHEL in Bhopal, Government Ordnance Factory Jabalpur, Currency Printing Press at Dewas, Alkaloid Factory at Neemuch, Rail Coach Factory Bhopal are notable Central Government managed organisations. Mineral development, industries based on agricultural and forest produce continue to be the mainstay of industrial production in the state.
Industry in Madhya Pradesh is largely natural resources driven. It has abundant natural wealth in the form of limestone, coal, oilseeds, pulses, bauxite, iron ore, diamond, copper ore, manganese ore, rock sulphate, silica, soya, cotton and so on. The state has a strong industrial base in sectors like Textile, cement, steel, food processing, automobile and auto components, pharma and optical fibre. Madhya Pradesh is rich in resources to attract investment in the state. The Government is constantly improving the business environment through progressive policies and proactive measures. The State Government is organizing National & International Investors Meet to create awareness among the investors about resources of the Madhya Pradesh & opportunities of investment. The state has the distinction of being the only diamonds producing state in India, with production in Pannadistrict.
Cluster based development at 6 key places
Pharma, Textile, Food Processing, IT and Auto Components.
Engineering, Textile, Biotech, Herbal, IT and Food Processing.
Garments, Mineral, Stone, Forest, Herbal and Food Processing.
Electronics, IT, FMCG, Engineering, Stone and Food Processing.
Minerals, Cement, Agro and Forest Produces.
Mineral Processing and Stone.
Rich Natural Resources
- Madhya Pradesh has 11 different agro-climatic zones.
- Rich mineral wealth of iron ore, diamonds, copper ore, manganese ore, bauxite, limestone, coal and marble, granite.
- 12% of India's forests are in Madhya Pradesh.
- Scarce fuel resources such as coal and coal-bed methane are available in plenty.
- 14% of India's coal reserves are in Madhya Pradesh.
- Asia's thickest coal seam is located in the district of Sidhi.
- Madhya Pradesh has operational diamond mines in India.
- 44 BCM of coal bed methane reserves have been identified.
- Prospecting for blocks available for captive mining for power, cement, iron and steel units.
- Large reserves of limestone, which is the basic construction raw material.
- Manganese and dolomite, key ingredients to iron and steel are found here.
- Exotic varieties of dimensional stones i.e., marble, granite and flagstone are available.
There are 231 Notified industrial Areas, 19 growth centres, 4 notified Special Economic Zones (SEZs) and 12 product specific industrial parks to facilitate industrial investments. Strategic location (Located at the centre of India, within the close proximity of all major markets and tier- one cities across the country) is the major advantage for Madhya Pradesh.
Over 30% of the State's total area is enveloped by the forest. The eastern districts of Balaghat, Mandla, Shahdol, Sidhi have dense forest cover. The abundantly found trees include Teak, Sal, Bamboo and Tendu. Agriculture is the main occupation of villagers, Wheat, Soybean and Jowar (Sorghum) are the main Crops. Paddy and Coarse Millets are also sown in large parts. Pulses, Cereals and Groundnut are also grown. Important among the cash crops are Cotton, Sugarcane and Oil Seeds. Mandsaur is the largest opium producing district in the country.
The irrigation of land is mostly dependent on major rivers like Narmada, Chambal, Tapti, Betwa, Sone, Shipra, Kali Sindh and Tava. The Chambal valley and the Narmada valley offer good potential for hydroelectric power generation. Besides Thermal and Hydro power generation, numerous other conventional and non-conventional power projects are in place or in the stages of progress. Road density is increasing continuously with present road length being over 80 thousand kms. Communications are well developed.
Madhya Pradesh has enormous potential and resources to become a major tourism destination. Numerous monuments of historical, archaeological, architectural and pilgrimage importance spot the state.
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