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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
Useful Web Links
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