MADHYA PRADESH3 MADHYA PRADESH For updated information, please visit EXECUTIVE SUMMARY GSDP of Madhya Pradesh grew at a compound annual growth rate (CAGR) of 14.39 per cent* between

For updated information, please visit www.ibef.org April 2018

MADHYA PRADESH

THE LAND OF DIAMONDS

SANCHI STUPA IN SANCHI, MADHYA PRADESH

Table of Content

Executive Summary……………….….…….3

Advantage State…………………..….……..4

Vision 2018…………………………………..5

Madhya Pradesh – An Introduction….…....6

Budget 2018-19 …………………….....……17

Business Opportunities .............................41

Doing Business in Madhya Pradesh......…71

State Acts & Policies…...…...................…72

For updated information, please visit www.ibef.org MADHYA PRADESH 3

EXECUTIVE SUMMARY

GSDP of Madhya Pradesh grew at a compound annual growth rate (CAGR) of 14.39 per cent* between

FY12 and FY18. Strong economy

The state is rich in natural resources: fuels, minerals, agriculture & biodiversity.

Madhya Pradesh has ample reserves of coal & coal-bed methane (8.38 per cent of India’s total coal reserves &

218.04 BCM of methane).

The state has the largest reserves of diamond & copper in India.

Madhya Pradesh has significant reserves of limestone, manganese & dolomite.

Rich in natural resources

Madhya Pradesh boasts of rich ancient cultural & religious heritage.

Due to a thick forest cover, the state has immense potential for wild life, adventure & eco-tourism. Potential for tourism

Due to its centralised location, Madhya Pradesh has excellent connectivity. Many FMCG companies have

moved their warehouses here to save on logistics expenses.

Upcoming theme based SEZs near Jabalpur, industry parks in Indore & food parks at multiple locations aim

to promote sectoral growth.

MP is emerging as a solar power hub with an installed solar capacity of 1.14 GW as of October 2017.

Infrastructure support

Source: Directorate of Economics and Statistics, Government of Madhya Pradesh; Ministry of Petroleum & Natural Gas, MNRE

Source: *in Rs terms


ADVANTAGE MADHYA PRADESH

Strategically located business hub

The state is centrally located in India. Major consumer goods multinationals

are situated in Madhya Pradesh in order to access major consumer markets

& metro urban communities like New Delhi (740 km1), Mumbai (780 km1),

Kolkata (1,350 km1) & Chennai (1,435 km1)

Geographical proximity with the automotive hub of NCR has favorably

impacted Madhya Pradesh’s auto ancillary industry. The state’s well

developed automotive cluster is now home to around 30 auto component &

ancillary units.

Attractive investment avenues

With around 33 per cent of the region under forests, Madhya Pradesh has

an enormous potential for drug, wood & agro-based commercial

enterprises. Ideal soil & climatic conditions have made it a primary producer

of coarse cereals, oilseeds & soybean in India.

The cluster-based advancement methodology promotes investments in

automotive, textiles & biotechnology.

Plentiful limestone & coal reserves give development avenues for the

cement industry.

A rich cultural heritage, scenic beauty & wildlife sanctuaries offer a

promising tourism industry. Indore is all set to be the new IT capital with

TCS & Infosys opening their offices.

Policy and infrastructure support

Madhya Pradesh offers distinctive monetary & strategy/policy incentives for

organisations under the Industrial Promotion Policy-2010 & Action Plan,

other than strategies/ policies for IT, biotechnology, tourism & SEZs. To pull

in investors and promote entrepreneurs, the state government has selected

TRIFAC, an agency that encourages a single window system, for speedy

approvals of different clearances & consents.

The state government has made some well-planned infrastructure

investments for roads & railroad systems. Government offers various

subsidies under ‘Industrial Investment Promotion Assistance (IIPA) under

2014 Schemes’ for investment in development of road, electrification,

water, industrial parks, etc.

Rich resource pool

Madhya Pradesh adds around 270,000 graduates to the workforce each

year, of which around 90,000 have technical skills. At labour costs of US$

3.7 per day, the state has a significant cost advantage over metros.

The state houses some of the country’s most reputed institutes including

Indian Institute of Management, Indian Institute of Foreign Management &

Indian Institute of Technology.

Advantage

Madhya

Pradesh

1 From Bhopal


MADHYA PRADESH VISION

Housing

Improve civic infrastructure,

including public & household

sanitation facilities

Expand availability of affordable

housing

Agriculture

Expand the outreach of agriculture

technology & irrigation to remote

farms.

Promote farm level diversification

and value addition.

Transport

Develop the transportation

network to enhance rural

connectivity

Reform the institutional

machinery for creating public

transport facilities

Infrastructure

Skill

development

Investment

promotion

Skill development by expanding

training infrastructure & capacity to

aid 1 million youth in attaining

wages & self employment

Make the state a world class

tourist destination

Promote religious, adventure &

heritage tourism & attract private

investment

Connect all villages through

world class highways

To be a leader in renewable

energy & green technology

Keep the state power surplus by

addition to the power generation

capacity

Vision Environment Promote social & agro forestry

Revitalise ground water

resources

Private sector participation in

maintaining waste disposal &

water conservation

Tourism

Enhance the ease of doing

business for the benefit of

investors

Attract higher investments in

manufacturing, services &

labour intensive sectors

Source: Government of Madhya Pradesh


MADHYA PRADESH FACT FILE

Madhya Pradesh is located in central India. The state is surrounded

by Uttar Pradesh in North, Chhattisgarh in East, Maharashtra in

South, Gujarat and Rajasthan in west.

The most commonly spoken language of the state is Hindi. English

and Marathi are the other languages used.

Bhopal, Indore, Gwalior, Jabalpur and Ujjain are some of the key

cities of the state.

There are 11 agro-climatic conditions and a variety of soils available

in the state to support cultivation of a wide range of crops.

Parameters Madhya Pradesh

Capital Bhopal

Geographical area (sq km) 308,000

Administrative districts (No) 51

Population density (persons per sq km) 236

Total population (million) 72.6

Male population (million) 37.6

Female population (million) 35.0

Sex ratio (females per 1,000 males) 931

Literacy rate (per cent) 70.6

Source: Government of Madhya Pradesh website, National Informatics Centre Madhya Pradesh


MADHYA PRADESH IN FIGURES … (1/2)

Parameter Madhya Pradesh All states Source

Economy 2017-18 2017-18

GSDP as a percentage of all states’ GSDP 4.22 100.0

Aranca Estimates based on “Advanced Estimates”

provided by Directorate of Economics and

Statistics of Madhya Pradesh

GSDP growth rate (per cent) 10.61 9.80




Per capita GSDP (US$) 1,372.41 1,975.05




Physical Infrastructure

Installed power capacity (MW) 20,321.87 344,002.39 Central Electricity Authority, as of March 2018

Wireless subscribers (No) 69,211,969 1,151,936,422 Telecom Regulatory Authority of India, as of

January 2018

Internet subscribers (No) 23,180,000 445,960,000 Telecom Regulatory Authority of India, as of

December 2017

National Highway length (km) 8,053 122,432 NHAI & Roads and Building Department, as of

February 2018

Airports (No) 5 125 Airports Authority of India


MADHYA PRADESH IN FIGURES … (2/2)

Parameter Madhya Pradesh All states Source

Social Indicators

Literacy rate (%) 70.6 73.0 Census 2011

Birth rate (per 1,000 population) 25.1 20.4 SRS Bulletin

Investments

FDI equity inflows (US$ billion) 1.391 368.05 Department of Industrial Policy & Promotion, From

April 2000 to December 2017

Industrial Infrastructure

PPP projects completed & operational (No) 164 1,534 DEA, Ministry of Finance, Government of India,

February 2018

Operating SEZs (No) 3 222 Ministry of Commerce & Industry, Department of

Commerce, December 2017

1Including Chhattisgarh PPP: Public Private Partnership, SEZ: Special Economic Zone, SRS: Sample Registration System


ECONOMIC SNAPSHOT – GSDP

At current prices, the Gross State Domestic Product (GSDP) of

Madhya Pradesh for 2017-18 stood at Rs 7.07 trillion (US$

109.70 billion).

Between FY12 and FY18, GSDP of the state grew at a CAGR of

14.39 per cent.

GSDP of Madhya Pradesh at current prices

65

.81

69

.96

72

.64

78

.52

81

.03

95

.28

10

9.7

0

3.1

6 3.8

1

4.3

9

4.8

0

5.3

0

6.3

9 7.0

7

0

1

2

3

4

5

6

7

8

0

20

40

60

80

100

120

201

1-1

2

201

2-1

3

201

3-1

4

201

4-1

5

201

5-1

6

201

6-1

7

201

7-1

8

US$ billion Rs trillion

CAGR (in Rs) 14.39 per cent

Source: Ministry of Statistics and Programme Implementation

Per capita GSDP of Madhya Pradesh at current prices

89

8.4

8

94

1.2

9

96

3.2

7

10

26

.10

10

43

.69

12

09

.42

13

72

.41

43

08

2.0

0

51

25

3.0

0

58

27

8.0

0

62

74

6.0

0

68

32

0.0

0

81

14

0.0

0

88

45

2.0

0

0

10000

20000

30000

40000

50000

60000

70000

80000

90000

100000

0

200

400

600

800

1000

1200

1400

1600

201

1-1

2

201

2-1

3

201

3-1

4

201

4-1

5

201

5-1

6

201

6-1

7

201

7-1

8

US$ Rs


The state’s per capita GSDP in 2017-18 was Rs 88,452 (US$

1,372.41) in comparison with Rs 43,082 (US$ 898.48) in 2011-

12.

Per capita NSDP in the state increased at a CAGR of 12.74 per

cent between FY12 and FY18.


ECONOMIC SNAPSHOT – NSDP

The Net State Domestic Product (NSDP) of Madhya Pradesh

was about Rs 6.39 trillion (US$ 99.11 billion) in 2017-18.

Between FY12 and FY18, state’s NSDP grew at a CAGR of

about 14.57 per cent.

NSDP of Madhya Pradesh at current prices

58

.89

61

.33

64

.98

70

.19

72

.59

86

.03

99

.11

2.8

2

3.3

4 3.9

3

4.2

9

4.7

5

5.7

7 6.3

9

0.00

1.00

2.00

3.00

4.00

5.00

6.00

7.00

0.00

10.00

20.00

30.00

40.00

50.00

60.00

70.00

80.00

90.00

100.00

201

1-1

2

201

2-1

3

201

3-1

4

201

4-1

5

201

5-1

6

201

6-1

7

201

7-1

8

US$ billion Rs trillion



Per capita NSDP of Madhya Pradesh at current prices

80

3.9

8

82

5.1

8

86

1.6

4

91

7.3

0

93

4.9

8

10

92

.09

12

39

.83

38

55

1.0

0

44

93

1.0

0

52

12

9.0

0

56

09

3.0

0

61

20

4.0

0

73

26

8.0

0

79

90

7.0

0

0

10000

20000

30000

40000

50000

60000

70000

80000

90000

0.00

200.00

400.00

600.00

800.00

1000.00

1200.00

1400.00

201

1-1

2

201

2-1

3

201

3-1

4

201

4-1

5

201

5-1

6

201

6-1

7

201

7-1

8

US$ Rs


The state’s per capita NSDP in 2017-18 was Rs 79,907 (US$

1,239.83) comparison with Rs 38,551.00 (US$ 803.98) in 2011-12.

Per capita GSDP of the state increased at a CAGR of 12.92 per

cent between FY12 and FY18.


ECONOMIC SNAPSHOT – PERCENTAGE

DISTRIBUTION OF GSVA

In 2017-18, the primary sector contributed 42.89 per cent to the

state’s GSVA at current prices, followed by tertiary sector with a

contribution of 36.29 per cent & secondary sector contributing 20.82

per cent.

At a CAGR of 18.35 per cent, the primary sector witnessed the

fastest growth among the three sectors, between FY12 and FY18.

The tertiary sector expanded at a CAGR of 12.38 per cent between

FY12 and FY18. Growth has been driven by trade, hotels, real

estate, finance, insurance, transport, communications & other

services.

The secondary sector expanded at a CAGR of 8.89 per cent

between FY12 and FY18 driven by manufacturing, electricity, gas &

water supply & construction sectors.

Visakhapatnam port traffic (million tonnes) GVA composition by sector

33.85%

42.89%

27.09% 20.82%

39.06% 36.29%

2011-12 2017-18

Primary Sector Secondary Sector Tertiary Sector

18.35%

12.38%

8.89%

CAGR*


Note: CAGR* is in Rs terms


ECONOMIC SNAPSHOT – AGRICULTURAL

PRODUCTION…(1/2)

Agriculture is the main source of livelihood for the people of the

Madhya Pradesh. In 2017-18, the state produced 42.14 million

metric tonnes of foodgrains.

Wheat, soyabean, gram, sugarcane, rice, maize, cotton, rapeseed,

mustard & arhar are the major crops of the state. In 2016-17, total

food grain production in the state stood at 32.98 million metric

tonnes.

In 2017-18, total pulses production in the state stood at around 9.17

million tonnes.

Madhya Pradesh is the largest producer of pulses, oilseeds

soyabean and gram in the country. The state is the 2nd highest

producer of wheat, masoor & mustard across India. It is one of the

leading producers of garlic & coriander. The production of wheat,

cotton, baajra, corn, gram, soyabean, mustard, groundnut, paddy,

jowar & corn in the state, is above the national average.

US$ 1,433.26 million were allocated to farmers’ welfare and

agriculture development in state budget 2018-19.

Crop Annual production – 2017-18 (‘000 MT)

Rice* 7,305.00

Maize* 4,680.00

Wheat* 18,999.00

Food grains* 42,136.00

Pulses* 9,169.00

Oilseeds* 6,936.00

Sugarcane (in the

form of jaggery)* 543.00

Cotton*^ 2,859.00

Fruits#

7,004.95

Vegetables# 18,208.79

Aromatics and

Medicinal#

507.09

Spices# 1,083.28

Source: MP State Facts Profile Department of Agriculture and Cooperation, National Horticulture Board, Aranca Research

Note: *Estimated, #as per first advance estimates, ^in 170 kg bales


ECONOMIC SNAPSHOT – AGRICULTURAL

PRODUCTION…(2/2)

In August 2017, the state government launched ‘Bhavantar Bhugtan Yojana’ or ‘Price Deficit Financing Scheme’ will hedge price risks in

agriculture. Under the scheme, farmers will be compensated if they have to sell the notified crops at distressed prices which are below the

Minimum Support Price (MSP) set by the Union Government.

In order to overcome the drawbacks of National Agricultural insurance Scheme, a new scheme – Prime Minister Crop Insurance Scheme was

announced by the Prime Minister, which would be effective from 2016. As per budget 2018-19, provision of US$ 308.93 million has been made

under Prime Minister Crop Insurance Scheme for agriculture.

Moreover, for agricultural soil, water conservation as well as agricultural research & education, the state government has allocated an amount of

US$ 373.96 million as per the budget 2016-17.

In State Budget 2018-19, US$ 64.57 million was allocated by the state government for Rashtriya Krishi Vikas Yojana.

Source: State Budget


ECONOMIC SNAPSHOT – FDI INFLOWS &

INVESTMENTS

According to the Department of Industrial Policy & Promotion (DIPP),

cumulative FDI inflows*, from April 2000 to December 2017, totaled

to US$ 1.39 billion.

Power generation & manufacturing were the key sectors which

attracted the majority share of FDI inflow during 2014-15. In addition,

the investments in real estate & services are also gaining

momentum.

With a capital investment of US$ 488.62 million Government of

Madhya Pradesh approved 6 projects in January 2017.

Visakhapatnam port traffic (million tonnes) Cumulative FDI equity inflows^(US$ million)

14

8.7

0

20

2.9

1 65

4.0

0

77

7.0

0 9

97

.00

11

15

.00

12

16

.00

12

96

.00

13

72

.00

13

92

.00

200

8-0

9

200

9-1

0

201

0-1

1

201

1-1

2

201

2-1

3

201

3-1

4

201

4-1

5

201

5-1

6

201

6-1

7

201

7-1

8*

Source: Department Of Industrial Policy & Promotion

Note: * As of December 2017, ^Including Chattissgarh


STATE BUDGET 2018-19

Total budgeted expenditure in 2018-19 is estimated to be US$ 28.84 billion.

Department Budget 2018-19 (US$ million)

School Education 3,355.58

Energy 2,749.14

Rural Development 2,805.82

Farmers Welfare and Agricultural Development 1,433.26

Public Works 1,356.15

Source: State Budget 2018-19


PHYSICAL INFRASTRUCTURE – ROADS

Madhya Pradesh has national highways measuring 7,854* km. The

state also has 10,859 km of state highways.

Development of major roads in the state is managed by Madhya

Pradesh Road Development Corporation Limited (MPRDC), which

executes tasks taken up under Public–Private Partnership (PPP) &

those supported by Asian Development Bank (ADB). As per the

Department of Economic Affairs, the state had 131 government PPP

projects in the roads sector at various stages of development.

Under Prime Minister Gram Sadak Yojana, 3,960.561 km of roads

have been completed in the state as of February 2018.

For the construction of rural roads in the state, allocation of US$

42.48 million has been proposed by the state government

As per budget 2018-19, provision of US$ 77.23 million under

Mukhyamantri Gram Sadak Yojana & that of US$ 30.89 million for

State Rural Road Connectivity Scheme, have been made.

In February 2017, the cabinet sanctioned the renovation of 10,000

km of rural roads, under the Chief Minister's Rural Roads Scheme.

Road type Road length (km) (January 2018)

National highways 8,053*

State highways 11,389

Major district roads 22,129

Village roads 23,395

Road length 64,719

Source: NHAI, Ministry of Road Transport & Highways, State Budget 2016-17, * - as of February 2018

Road Construction under PMGSY (in km)

78

93

.72

10

39

8.0

1

91

63

.26

29

26

.66

27

54

.18

30

06

.27

51

80

.92

44

53

.23

50

81

.97

39

60

.56

0

2000

4000

6000

8000

10000

12000

200

8-0

9

200

9-1

0

201

0-1

1

201

1-1

2

201

2-1

3

201

3-1

4

201

4-1

5

201

5-1

6

201

6-1

7

201

7-1

8*


PHYSICAL INFRASTRUCTURE – RAILWAYS

Madhya Pradesh has around 4,954 km of railway lines & the state is

connected to different states of the country through more than 425

trains which travel on daily basis.

In June 2017, Bhopal’s railway station Habibganj became the

country’s first railway station to be redeveloped into an attractive

commercial hub with hotels, offices & shops under a public-private

partnership within the next three years. The project for maintenance

& operations has been given to Bansal Group for 8 years.

In December 2016, Madhya Pradesh Cabinet approved the detailed

project reports (DPRs) of the Metro rail projects for Bhopal & Indore,

costing US$2.12 billion. In September 2017, a joint venture between

DB Engineering & Consulting GmbH, Geodata Engineering S.p.A.

and Louis Berger Group won the contract for these two projects.

The railway network in Madhya Pradesh primarily falls under the

West-Central Railways, which was formed in 2002 and is

headquartered in Jabalpur. Part of the state is also covered by

Central & Western Railways.

Being centrally located, the railway network in the state assumes

great significance. Madhya Pradesh’s capital, Bhopal is one of the

foremost railway junctions in the country, as 220 trains travel

through the capital alone.

Mineral & agro-based industries in Madhya Pradesh are highly

dependent on the railway network of the state. It supports these

industries by transporting bauxite, limestone, dolomite, clinker,

fertilizer & de-oiled cake.

Source: Maps of India


PHYSICAL INFRASTRUCTURE – AIRPORTS

Madhya Pradesh has 5 operating airports at Jabalpur, Bhopal,

Indore, Gwalior & Khajuraho.

Indore & Bhopal airports are the busiest airports in the state. During

April-February 2018, passenger traffic at Indore airport reached

2,050,181 passengers with overall aircraft movement of 16,862

aircrafts. For the same period, passenger traffic at Bhopal airport

was 656,175 passengers with overall aircraft movement of 6,552

aircrafts.

Both Indore & Bhopal airports have strong cargo handling capacity.

During April 2017-February 2018, Indore airport handled 9,882

tonnes of cargo, whereas Bhopal airport handled 1,057 tonnes of

cargo. Modernisation work of Bhopal & Indore airports has also

been completed.

Airport 2016-17 2017-18*

Indore 1,784,073 2,050,181

Bhopal 676,015 656,175

No. of passengers

Airport indicators in Madhya Pradesh

Airport 2016-17 2017-18*

Indore 14,396 16,862

Bhopal 6,949 6,552

Aircraft movement

Airport 2016-17 2017-18*

Indore 7,668 9,882

Bhopal 904 1,057

Freight (in tonnes)

Source: Airports Authority of India, *for the period April 2017 to February 2018


PHYSICAL INFRASTRUCTURE – POWER … (1/3)

As of March 2018, Madhya Pradesh had total installed power

generation capacity of 20,321.87 MW, comprising 5,867.62 MW

under state utilities, 5,144.41 MW under central utilities & 9,309.84

MW under the private sector.

Of the total installed power generation capacity, 12,805.41 MW was

contributed by thermal power, 3,223.66 MW was contributed by

hydropower, 273.00 MW was contributed by nuclear power &

renewable power contributed 4,019.80 MW.

Madhya Pradesh is on its way to become a solar power hub, with

114 projects currently. As on November 2017, Madhya Pradesh have

11 Small Hydro Power Projects with the capacity of 86.16 MW.

The total budget allocation for the energy sector in the state is

estimated to be US$ 2.75 billion during 2018-19.

In May 2017, 2 new indigenous nuclear power reactors of 700 MW

capacity each were approved by the Union Government. The

reactors will be built at Chutka in Madhya Pradesh.

In December 2017, foundation stone was laid for the world’s largest

ultra mega solar power plant at Gurh in Madhya Pradesh for an

investment of Rs 4,500 crore (US$ 695.09 million), which will spread

across 1,600 hectares of land and generate 750 MW of electricity.

Installed power capacity (MW)

8,3

81

.34

8,7

79

.90

10

,63

1.6

5

13

,84

6.6

0

15

,87

6.8

0

18

,81

3.6

5

19

,61

8.2

8

20

,32

1.8

7

0.00

5,000.00

10,000.00

15,000.00

20,000.00

25,000.00

FY11 FY12 FY13 FY14 FY15 FY16 FY17 FY18

Break-up of installed capacity by source of power generation

(2017-18)

63.01% 15.86%

19.78%

1.34%

Thermal Power

Hydropower

Renewable Power

Nuclear Power

Source: Central Electricity Authority

Source: Central Electricity Authority



Madhya Pradesh Power Generating Corporation Ltd. is a state

owned company engaged in electricity generation.

The power distribution business is being managed through 3

government-controlled entities: Madhya Pradesh Poorv Kshetra

Vidyut Vitaran Company Ltd., Madhya Pradesh Paschim Kshetra

Vidyut Vitaran Company Ltd., & Madhya Pradesh Madhya Kshetra

Vidyut Vitaran Company Ltd.

Madhya Pradesh Power Transmission Company carries out intra-

state transmission of electricity, State Transmission Utility & State

Load Dispatch Centre.

Madhya Pradesh Power Trading Corporation Ltd. deals with power

trading & other related activities.

Segment Company name

Power generation Madhya Pradesh Power Generating

Corporation Limited

Power distribution

Madhya Pradesh Poorv Kshetra Vidyut

Vitaran Company Limited (MPPoKVVCL)

Madhya Pradesh Paschim Kshetra Vidyut

Vitaran Company Limited (MPPaKVVCL)

Madhya Pradesh Madhya Kshetra Vidyut

Vitaran Company Limited (MPMaKVVCL)

Power transmission Madhya Pradesh Power Transmission

Corporation Limited

Power trading Madhya Pradesh Power Trading Corporation

Limited

Distributor Area covered

MPPoKVVCL Jabalpur, Sagar, Shahdol and Rewa

MPPaKVVCL Indore and Ujjain

MPMaKVVCL Bhopal, Hoshangabad, Gwalior and Chambal

MPPoKVVCL Jabalpur, Sagar, Shahdol and Rewa

MPPaKVVCL Indore and Ujjain

Source: Energy Department-Government Of Madhya Pradesh



Through the Atal Jyoti Abhiyaan, the state government aims to provide round-the-clock quality power supply.

The scheme is currently operational in six districts, namely Jabalpur, Mandla, Shahdol, Umaria, Anooppur and Burhanpur.

Under project name Vindhyachal, NTPC has commissioned the country’s largest power generation plant in the state. Unit-13 of Vindhyachal TPP-

V, with capacity of 500 MW, was commissioned in August 2015. With this the total approved capacity of 4,760 MW was installed by the company.

The coal based Sasan UMPP aims to build large capacities at low cost. The resultant generated power would be sold at low tariffs. In April 2015,

the 3,960 MW Sasan ultra mega power project was fully commissioned in Madhya Pradesh. The project is being developed with an investment of

US$ 4.21 billion. As of April 2016, the plant had achieved 100 per cent PLF (plant load factor).

In April 2017, the state government signed a project agreement with solar power companies for Rewa Ultra Mega Solar Park. The project is being

led by Rewa Ultra Mega Solar Ltd. (RUMSL), a joint venture between the Solar Energy Corporation of India (SECI) and Madhya Pradesh Urja

Vikas Nigam Limited (MPUVN). International Finance Corporation (IFC), a member of the World Bank Group, will mobilise US$ 550 million in

private investment for the project.


PHYSICAL INFRASTRUCTURE – TELECOM

According to Telecom Regulatory Authority of India (TRAI), Madhya

Pradesh (including Chhattisgarh) had nearly 69.21 million wireless

subscribers & 0.96 million wireline subscribers, as of January 2018.

As of January 2018, teledensity (telephone connections per 100

persons) in Madhya Pradesh was 65.95 per cent.

The state has been identified by Ministry of Home Affairs for

provision of Telecom Connectivity in LWE affected areas. The

scheme is being executed by BSNL.

At the end of January 2018, 24,443,637 people have submitted

requests for mobile number portability in the state.

The state has given consent for establishment of BharatNet/ National

Optical Fibre Network (NOFN) project. The project is planned to

connect all gram panchayats through optical fibre, utilising existing

fibres of PSUs viz. BSNL, RailTel & Power Grid & laying incremental

fibre wherever necessary to bridge the connectivity gap between

gram panchayats (GPs) and blocks, for providing broadband

connectivity.

Some of the major telecom operators in Madhya Pradesh

Bharat Sanchar Nigam Limited (BSNL)

Bharti Airtel

Vodafone Essar

Idea Cellular

Reliance Communications

Tata Teleservices

Telecom infrastructure - as of January 2018

Wireless subscribers 69,211,969

Wire-line subscribers 963,393

Internet subscribers^ 23,180,000

Teledensity (in per cent) 65.95

Source: Telecom Regulatory Authority of India, Department of Telecommunications, *including Chhattisgarh

Note: ^ - as of September 2017


DEVELOPMENT PROJECTS: URBAN

INFRASTRUCTURE … (1/3)

Under the Jawaharlal Nehru National Urban Renewal Mission (JNNURM), 27 projects costing around US$ 418.65 million were sanctioned for the

development of urban centers such as Bhopal, Indore, Jabalpur and Ujjain.

Some of the key undertakings are in segments such as roads and flyovers, water supply, tempest-water drainage, sewerage, solid-waste

management and mass rapid transport systems.

The Asian Development Bank (ADB) has funded 16 ventures worth US$ 33.8 million for Bhopal in the regions of water supply, sewerage and

sanitation, tempest-water drainage and solid-waste management. Of the 16 undertakings, two have been finished and others are at different

phases of development.

The state government has built the Madhya Pradesh Urban Infrastructure Fund (MPUIF) for the improvement of urban framework and the

procurement of better administration in the state. MPUIF helps in sourcing funds for projects through various sources, for example capital markets,

line of credits and GOI fund (e.g. JNNURM, UIDSSMT, PFDF, VGF, and RAY). The fund ensures cost administration and timely implementation of

urban framework ventures.

Under the Urban Infrastructure and Governance (UIG) program of JNNURM, five projects worth US$ 36.4 million covering cities such as Bhopal,

Indore and Ujjain have been approved and are in the transition phase.

Under the first phase of Chief Minister Infrastructure Development Scheme, work on development of roads, gardens, footpaths, street lights, etc.

was completed in across 277 cities of the state during 2015-16.

Under Swachh Bharat Mission, a total of 5,068 seats were constructed in around 145 thousand personal and public toilets of the state, as of 2015-

16.

In 2017 under Swachh Bharat Mission, Indore was declared the cleanest city whereas Bhopal was second out of approximately 500 cities.

In 2015, Madhya Pradesh came up with set of programs and policies to make itself a manufacturing hub, with an aim to push for Make-in-Madhya

Pradesh initiative with focus on MSMEs.

In May 2017, the state government announced that it will build 2 million households over the next two years for the urban and rural poor. Each

house will be built with US$ 4,462.29 in centre-state subsidy and US$ 2,974.86 in state supported financing.

Source: Bhopal Municipal Corporation, NNURM, Ministry of Urban Development, Government of India




As per the budget 2016-17, following announcements were made for enhancement of urban infrastructure in the state:

• Allocation of US$ 1.63 billion was proposed by the state government for urban administration and development in the state.

• For the second phase of Chief Minister Infrastructure Development Scheme, the state government proposed an allocation of US$ 42.10 million.

• Under Affordable Housing in Partnership scheme, for each dwelling slum area, US$ 86 thousand was allocated by the central and the state

government.

• Provided sanction for the construction of 634 community and 1,77,807 individual toilets under Mukhya Mantri Shahri Swacchata Mission.

• The promotion of e-Governance has been started in the urban region of the state by E-Nagar Palika Project. For increasing developmental

activities in the state, a sum of US$ 1.09 billion will be provided by the government to the state.

• By 2018, the government is also aiming to provide 5,00,000 houses in different cities of the state, and allocated US$ 543.2 million under

Pradhan Mantri Awas Yojna.

• Provided sanction for development of 60,000 houses for the urban poor by an allocation of US$ 248.8 million under urban development

scheme. In addition to this, a sanction of US$ 139.5 million was also provided for 15,340 houses under Rajeev Awas Yojna.

• HDFC Bank is planning to set up 10 new branches in Madhya Pradesh as a part of its expansion plan. In 2016 the bank had 130 branches in

MP, and 8-10 new branches are being planned to be opened in the state in current financial year.

• US$ 155 million was allocated to ‘Housing for All’ scheme in urban areas and USD 1.78 billion to Urban Administration and Development.

• The presence of numerous prominent technical, management and other professional institutes have made Madhya Pradesh an ideal

destination for startups hub.

• Madhya Pradesh has aligned with the Government of India’s “Startup India Vision” by creating conducive innovative and technological

entrepreneurial ecosystem through ‘MP Incubation & Startup Policy 2016’ to encourage and promote a Startup culture within the state.

• In the state budget of 2018-19, the government allocated US$ 1.84 billion for urban development.

Source: Budget 2016-17, Budget 2018-19




Focus areas of urban development in Madhya Pradesh

Water supply Sewerage system Solid-waste management Others

The average per capita water

supply in major cities, such as

Indore, is around 80 litres per

day.

Under the JNNURM, cities are

being planned to achieve per

capita water supply of 135 litres

per day between 2015 and

2021.

Sixty seven projects worth US$

243.8 million were approved

between March 13 and March

2014 and are in the transition

phase for water supply under

JNNURM.

During 2015-16, the

government proposed an outlay

of US$ 355.87 million for

improving rural & urban water

supply under the Water Supply

and Sanitation Scheme.

In cities such as Indore, around

55 per cent of the population is

connected to a sewage

network.

Under the JNNURM, the entire

population in the cities will be

connected to the sewage

network.

Three projects worth US$ 100

million were sanctioned in

2006-07 for sewage treatment

under JNNURM.

Indore and Ujjain generate

around 500 tonnes per day

(TPD) and 160 TPD of solid-

waste, respectively.

Under the JNNURM, the entire

solid waste is expected to be

collected and treated.

A project worth US$ 10.7

million was sanctioned.

Three solid waste management

projects have been identified in

Dewas, Sagar and Katni.

Two projects worth US$ 75.6

million were sanctioned

between 2006-07 and 2009-10

for improvement of the

drainage systems.

Seven projects worth around

US$ 139.5 million were

sanctioned for improvement of

the transport system.

Source: MP Trade & Investment Facilitation Corporation Ltd., JNNURM, Ministry of Urban Development, Government of India, Aranca Research


DEVELOPMENT PROJECTS: KEY PUBLIC PRIVATE

PARTNERSHIP PROJECTS … (1/2)

Name of project Sector PPP type Status Project cost (US$ million)

Road upgradation (Lebad-Jaora) Project Build-Operate-Transfer (BOT) Transport 64.30 Operation and maintenance stage

Road Upgradation Project (Bankhlafata-

Kogawa-Borawa-Sarvardevala) Project Not available Transport 5.14 Operation and maintenance stage

Road upgradation (Jaora-Nayagaon)

Project Build-Operate-Transfer (BOT) Transport 61.73 Operation and maintenance stage

Road Upgradation Project (Bahari-

Hanumana) Project

Design-Build-Finance-

Operate-Transfer (DBFOT) Transport 16.32 Operation and maintenance stage

Road Upgradation (Bhopal-Dewas)

Project



Road Upgradation Project (Badwani-

Palsood-Sendhawa) Project



Road Upgradation Project (Ashok Nagar-

Vidisha) Project

Build-Operate-Transfer (BOT)

Annuity Transport 13.31 Operation and maintenance stage

Electricity Distribution Project (Ujjain) Not available Energy 10.70 Operation and maintenance stage

Road Upgradation Project (Ashapur-

Khalwa-Singhot) Project

Build-Operate-Transfer


Dewas-Ujjain-Badnagar-Badnawar Road

Project Build-Operate-Transfer (BOT) Transport 7.53 Operation and maintenance stage

Road Upgradation Project (Alirajpur-

Jobat) Project



Source: Department of Economic Affairs


DEVELOPMENT PROJECTS: KEY PUBLIC PRIVATE

PARTNERSHIP PROJECTS … (2/2)

Name of project Sector PPP type Status Project cost (US$ million)

Road Upgradation Project (Waraseoni-

Lalbarra) Project



Road Upgradation (Tyonda-Ganjbasoda)

Project



Road Upgradation Project (Umari-Phoop-

Pratapur) Project



Road Upgradation Project (Ujjain-Unhel-

Nagda-Ghiloda) Project



Road Upgradation Project (Ujjain-

Simhastha) Project



Road Upgradation (Gwalior-Bhind up to

UP Border) Project Build-Operate-Transfer (BOT) Transport 45.85 Operation and maintenance stage

Road Upgradation Project (Uchera-

Nagod-Singhpur-Kalinnjer Road) Project



Road Upgradation (Sheopur-Badora-

Khawajapur) Project



Road Upgradation Project (Tikamgarh-

Mehironi) Project



Road Upgradation (Dehgaon-Bamori)

Project



Road Upgradation Project (Tikamgarh-

Jatara-Palera-Nowgaon) Project



Source: Department of Economic Affairs


DEVELOPMENT PROJECTS: SPECIAL ECONOMIC

ZONES (SEZs) … (1/2)

The state has one operational SEZ with the name Crystal IT Park

SEZ for IT & ITeS enabled services.

The SEZ aims to provide an international, competitive and hassle-

free environment for export-oriented production.

It is exempted from custom duty on import of capital goods, raw

material and spares, among others. No licence is required for

imports.

Central excise duty is exempted on procurement of capital goods,

raw material and spares among others from the domestic market.

Barring a few sectors, 100 per cent FDI in the manufacturing sector

is allowed through the automatic route.

Some of the key companies in Indore SEZ

SRF

Flexituff

India Nets

New Tech Pipes

Advance Enzyme Technology

Ipca Laboratories

Amulya Exports

Emerald Tobacco

Pratibha Synte

Indore SEZ

Notified area 1,113.72 hectares

Processing zone 519.95 hectare

Operational 26 industrial and 2 trading units

Number of allotments 123

Number of units operating 42

Investment under implementation US$ 62.2 million (9 units)

Exports (as of June 2017) US$ 214.54 million

Source: Ministry of Commerce & Industry


DEVELOPMENT PROJECTS: SPECIAL ECONOMIC

ZONES (SEZs) … (2/2)

As of December 2017, the state had 10 formal approved SEZs that

are proposed to be set up in Madhya Pradesh.

Bhopal, Indore, Gwalior and Jabalpur are the major locations where

SEZs have been approved. These SEZs have been proposed for

IT/ITeS, mineral-based, agro-based and multi-products.

Industry Location No of SEZs

Formally approved SEZs as of December 2017

IT/ITeS Indore, Gwalior, Jabalpur,

Bhopal 8

Gems and Jewellery Indore 1

Multi Product Chhindwara 1

Notified SEZs as of December 2017

IT/ITeS Indore, Gwalior 5

Source: Special Economic Zones in India- Ministry of Commerce & Industry, Aranca Research


SOCIAL INFRASTRUCTURE – EDUCATION.. (1/2)

Madhya Pradesh had a literacy rate of 70.6 per cent; the male

literacy rate is 80.5% and the female literacy rate is 60.0 per cent.

During 2015-16 (till November 2015), under technical education, the

state had a total of 676 institutions with annual enrolment of 146

thousand students.

Moreover, under the “Gaon Ki Beti Yojna”, which deals in providing

rural girls with high education, 36.79 thousand girls were benefited

during 2015-16 (till December 2015).

“Make in Madhya Pradesh” is to further the agenda of CM who

recently called upon a business community from the US to bring their

expertise in the social sectors.

Category Literacy rate (per cent)

Total 70.6

Male 80.5

Female 60.0

Reputed institutes of Madhya Pradesh

Indian Institute of Management (IIM), Indore

Indian Institute of Forest Management, Bhopal

Institute of Hotel Management, Bhopal

International Institute of Professional Studies, Indore

Indian Institute of Technology (IIT), Indore

Educational institutions (as of September 2017)

Government Primary schools 83,890

Total high schools (including private) 7,882

Total higher secondary schools (including private) 9,074

Engineering & architecture colleges 180

MCA 49

MBA 164

B Pharma/D Pharma 100

Diploma (Engineering) 149

Source: AICTE, Directorate of Technical Education, Madhya Pradesh, Higher Education Department- Government colleges of Madhya Pradesh, Madhya Pradesh Education Portal,

National Health Portal, Aranca Research


SOCIAL INFRASTRUCTURE – EDUCATION.. (2/2)

The state has one approved institute with foreign collaboration for the course of business studies. The name of the institute is Daly College

Business School and is affiliated to De Montfort University, Leicester, UK.

As per the budget 2018-19, the government proposed an allocation of US$ 3,355.58 million & US$ 346.77 million for the development of school

education & higher education in the state.

Under Sarva Shiksha Abhiyan, allocation of US$ 480.23 million was proposed by the state government during 2018-19.

During 2017-18, the state government is targeting upgradation of 520 high schools & 240 higher secondary schools.

The Government of Madhya Pradesh has committed US$ 237 99 million, for expansion of training infrastructure & building capacity for skill

development in the state in January 2017 The scheme will be implemented over a period of 5 years & aims to generate employment for youth &

provide desired skillset & manpower to the industries.

In the budget 2018-19, the government proposed an allocation of US$ 32.44 million under skill development scheme (Asian Development Bank

projects).

In May 2017, the state government had decided to teach engineering in Hindi from the new academic session. The students will be asked to

choose between English and Hindi medium of study during admission to engineering courses.

Source: AICTE


SOCIAL INFRASTRUCTURE – HEALTH

As of April 2018, the healthcare services network of Madhya

Pradesh comprised 52 district hospitals, 394 community health

centres, 1,438 primary health centres and 11,618 sub-health

centres.

During 2015-16 (till October 2015), around 965 thousand

beneficiaries were benefited with free services under Deendayal

Hospital Yojana.

The state has a total of 604 ambulances under National Ambulance

Service, using which 479 thousand patients were benefited during

April-October 2015.

Health institutions (April 2018)

District hospitals 52

Primary health centres 1,438

Sub-Health centres 11,618

Community health centres 394

Civil hospitals* 66

Homeopathic hospitals* 2

Special newborn care units* 53

Nutrition rehabilitation centres* 316

Gram aarogya kendras* 48,959

The state government proposed an allocation of US$ 878.78 million

for the development of Public Health And Family Welfare

Department in the state, during 2018-19.

Under Public Health Engineering, an allocation of US$ 461.26 million

was made by the state government, as per the State Budget 2018-

19.

Health indicators of Madhya Pradesh

Birth rate1

25.1

Death rate1

7.1

Infant mortality rate2

47

Life expectancy at birth (years)

Male (2011-15) 64.5

Female (2011-15) 65.3

Source: Ministry of Health & Family Welfare, Government of India, Sample Registration System (SRS) Bulletin, 1Per thousand persons, 2Per thousand live births

Note: * as of March 2017


CULTURAL INFRASTRUCTURE

Madhya Pradesh’s history dates back to the pre-historic age. The

United Nations Educational, Scientific and Cultural Organisation

(UNESCO) has declared 3 locations in the state as heritage sites:

temples at Khajuraho, Buddhist monuments at Sanchi & rock

shelters of Bhimbetka.

Bhimbetka cave paintings are the biggest repository of prehistoric art

in India. Sanchi Stupa, once a centre of Buddhist learning, stands

unique as one of the most well-preserved stupas of India. The

Directorate of Archaeology, Archives and Museums, is in charge of

the support of 349 memorials/landmarks and 44 museums over the

state.

The state government has built up sports academies to advance

games like hockey, shooting, equestrian, water sports & martial arts.

Eminent sports personalities are awarded with the Vikram Awards,

the Ekalavya Awards & the Vishwamitra (lifetime achievement)

Award.

In order to enhance the cultural infrastructure in the state, the

Government of Madhya Pradesh had allocated US$ 30.12 million

during 2016-17.

For sports & youth welfare in the state, an allocation of US$ 34.63

million was proposed by the Government of Madhya Pradesh, as per

state budget 2018-19.

Type of museum (no)

State-level museums 6

District-level museums 12

Local museums 7

Site museums 6

District Archaeological

Association museums 16

Among the cultural festivals of Madhya Pradesh, the Khajuraho

Festival of Dance & the Tansen Music Festival in Gwalior celebrate

classical Indian dance & music. These festivals are well attended by

both domestic & international tourists. The state government will also

provide an amount of US$ 37.54 million in the state budget of 2018-

19 in order to increase the activities related to culture.

State-level museums in Madhya Pradesh

State Museum, Bhopal

Central Museum, Indore

Rani Durgawati Museum, Jabalpur

Tulsi Museum, Ramvan, Satna

Maharaja Chhatrasal Museum, Chhatarpur

Gujri Mahal Museum, Gwalior

Source: Directorate of Archaeology, Archives and Museums, Government of Madhya Pradesh; State Budget 2015-16


INDUSTRIAL INFRASTRUCTURE … (1/4)

Madhya Pradesh State Industrial Development Corporation Limited (MPSIDC) is the nodal agency for industrial growth in the state. It is the central

point to coordinate, activate and ensure implementation of mega infrastructure projects.

MPSIDC has identified 19 industrial growth centres to attract medium and large industries & Non-Resident Indians (NRls) to the state and provide

various facilities and concessions to them. For a balanced & sustainable growth of industry across the state, MPSIDC established 7 growth

centres at Bhopal, Gwalior, Jabalpur, Indore, Rewa, Ujjain & Sagar. These growth centres are known as Madhya Pradesh Audyogik Kendra Vikas

Nigam Limited (AKVN).

Infrastructure Bhopal AKVN Gwalior AKVN Jabalpur AKVN

Area developed (hectares) 1,367 2,062 1,312

Growth centres Mandideep, Pillukhedi Malanpur, Ghirongi, Banmore,

Chainpura Borgaon, Maneri

Units established Large and medium industries (LMI): 54

Small scale industries (SSI): 558

LMI: 69

SSI: 346

LMI: 17

SSI: 154

Major companies

HEG, Crompton Greaves, Procter &

Gamble, Godrej, Lupin, Oswal,

Vardhman

Surya Roshini, Godrej, Grasim,

Cadbury, JK, Crompton Greaves

Raymond, Hindustan Petroleum,

Ayur

Special infrastructure Inland Container Depot (ICD), Food

Park ICD, food park, stone park

Stone park, food park, mineral &

Agri specific SEZ

Proposed project Engineering cluster, logistic hub, food

park, plastic park, textile park

Readymade garment park, food

park

Agri SEZ, food park, textile park,

apparel park

Source: MP Trade & Investment Facilitation Corp. Ltd.



Infrastructure Indore AKVN Rewa AKVN Ujjain AKVN Sagar AKVN

Area developed (hectares) 3,332 307.4 431.6 359

Growth centres Pithampur, Kheda, Megh

Nagar Rewa, Waidhan, Purena Dewas, Maxi

Purena, Sidhgawa,

Pratappura

Units established LMI:272, SSI: 1213 LMI: 8, SSI: 99 LMI: 35, SSI: 171 LMI: 9; SSI: 199

Major companies

Eicher, Bridgestone,

Hindustan Motors, Man

Force, Flexituff, Kinetic,

Cummins

Birla, Jaypee Ranbaxy, S.Kumars,

Gajra, Kirloskar, Tata

Ghadi Detergent, RSPL

(Rohit Surfactant),

Sanmati Foods

Special infrastructure

Multi-product SEZ, IT SEZ,

Food Park, Apparel Park,

Inland Container Depot

(ICD), IIDC

IIDC Food park, IIDC IIDC

Proposed projects

Auto testing track, food

park, pharma, namkeen

park, logistics park

Industrial area

Knowledge city, new

industrial area under the

Delhi Mumbai Industrial

Corridor project

Industrial Area

Source: MP Trade & Investment Facilitation Corp. Ltd., SEZ: Special Economic Zone



The Industrial Promotion Policy 2010 aims to upgrade industrial

infrastructure & provide land to investment projects without

difficulties.

Under the provision of Madhya Pradesh Investment Facilitation Act

2008, the state government is keen to strengthen its single-window

system to attract investments.

For a structured growth, the government has divided the state into 6

clusters: Indore, Bhopal, Jabalpur, Gwalior, Rewa & Sagar.

The state has excellent infrastructure, with 19 industrial development

parks, 129 industrial areas, 6 food parks, 8 integrated development

centres, 3 dry parks, 1 stone park, 1 IT park, 1 SEZ & an apparel

park at Indore.

A gems & jewellery park is being developed in Indore to promote the

diamond industry in the state. The government plans to develop the

project on its own, after failed attempts to find a suitable partner on

PPP basis.

State owned NTPC plans to construct a 2,640 MW power plant in

Barethi in Chattarpur district of Madhya Pradesh at a cost of US$ 3

billion. The Expert Appraisal Committee (EAC) of Union Environment

Ministry has sought additional information with respect to clearance

from National Board for Wildlife.*

Potential clusters

Indore Pharmaceutical, textile, food processing, IT, auto

components

Bhopal Engineering, textile, biotech, herbal, IT, food processing

Jabalpur Garment, mineral, stone, forest, herbal, food processing

Gwalior Electronics, IT, FMCG, engineering, stone, food

processing

Rewa Mineral, cement, forest produce

Sagar Mineral processing, stone

Under the Centre’s Plastic Park Scheme, Industries & Commerce

Department is developing plastic parks at an estimated cost of US$

27.93 million at Tamot in Raisen and Billoa district, Gwalior.

Source: MP Facilitation Centre for NRI, Indore Special Economic Zone, www.indoresez.nic.in, Aranca Research, SEZ: Special Economic Zone

Notes: * - As of February 2018, the project is still awaiting clearance.



Bhopal

Gwalior

Rewa

Sagar

Indore

Jabalpur

Industrial clusters in Madhya Pradesh

Source: Maps of India, Madhya Pradesh State Industrial Development Corporation


SMART CITIES

In State Budget 2018-19, an allocation of Rs 700 crore (US$ 108.12

million) was made for the Smart Cities Mission.

As of March 2017,Madhya Pradesh was the first state to get 3 cities

shortlisted to be developed according to the smart cities parameters

for making them citizen friendly and sustainable.

In an effort to revolutionise the infrastructure of the state, the state

government decided to revamp 7 cities of Madhya Pradesh, namely

Bhopal, Indore, Gwalior, Ujjain, Jabalpur, Sagar & Satna.

Cities Population Literacy rate

Bhopal 2,371,061 80.37%

Indore 3,276,697 80.87%

Gwalior 2,032,036 76.65%

Ujjain 1,986,864 72.34%

Jabalpur 2,463,289 81.07%

Sagar 2,378,458 76.46%

Satna 2,228,935 72.26%

Smart cities in Madhya Pradesh

Bhopal

Indore

Gwalior

Ujjain

Jabalpur

Sagar

Satna

Source: News Article, Census 2011 & Aranca Research


KEY INDUSTRIES.. (1/2)

Wealth of natural assets including agro-based items, forest products

& minerals, the state’s policy incentives & its central location have

pulled in significant investments in the agro-products, consumer

goods, medications & pharmaceuticals, mines & minerals,

manufacturing & textiles sectors.

The state government is keen to develop a strong mechanical base.

The Madhya Pradesh State Industrial Development Corporation

Limited (MPSIDC) & its subsidiary, Madhya Pradesh Audyogik

Kendra Vikas Nigam Limited (MPAKVN) are the key nodal offices for

development in the state.

Some of the major industrial areas in the state are Bhopal, Sehore,

Raisen, Harda, Mandideep, Dewas, Pithampur, Khandwa, Jhabua,

Dhar, Ujjain, Mandsaur, Ratlam, Jabalpur, Indore, Shajapur, Satna &

Gwalior.

Under Industrial Promotion Policy 2010, the government aims to

promote agro-based & local natural resource-based industries.

Tertiary sector was the largest contributor to the state economy with

a share of 36.29 per cent of GSDP in 2017-18.

The government approved a coated fabric manufacturing plant which

was set up by Mayur Uniquoters Ltd. at Seetapur in Morena, worth

US$ 16.21 million of investment, in January 2017.

The government in January 2017, approved a furniture fittings &

manufacturing unit in Pithampur by Hettich India Pvt. Ltd., with an

investment of US$ 59.20 million.

The number of IEMs filed in 2017 stood at 76 with proposed

investments worth US$ 1.11 billion.

Year IEMs filed Proposed investments (in US$ billion)

2015 99 2.02

2016 84 2.49

2017 76 1.11

2018* 18 1.18

Source: Madhya Pradesh State Portal, DIPP

Investment Intentions filed in Madhya Pradesh

Note: *up to February 2018


KEY INDUSTRIES.. (2/2)

In the state budget 2018-19, Government of Madhya Pradesh

allocated an amount of Rs 855 crore (US$ 132.07 million) for

industries. Further, the work on development of infrastructure in 22

industrial units is underway with an investment of Rs 1,820 crore

(US$ 281.12 million). The works is expected to be completed by

December 2018.

After the validation of various self employment schemes in the state,

the government decided to start the Mukhya Mantri Yuva Udhyami

Yojana & Mukhya Mantri Aarthik Kalyan Yojana.

Work on construction of IT parks in 4 major regions of the state,

including Indore, Gwalior, Bhopal & Jabalpur, was initiated during

2016-17. Moreover, electronic manufacturing clusters are also being

established in Jabalpur & Bhopal. For these new establishments, the

Government of Madhya Pradesh allocated an amount of US$ 9

million as per the Budget 2017-18.

With an investment of US$ 2.97 billion, as of January 2017, Aditya

Birla Group is expanding its business in Madhya Pradesh, in sectors

like cement, retail & telecom.

In 2018-19 budget, the state government allocated US$ 42.99 million

for New & Renewable Energy.

Key industries in Madhya Pradesh

Auto and auto components

Textile

Cement

Agro-based industries

Forest based industries

Pharmaceuticals

Mineral based industries

Manufacturing

Tourism

IT and ITeS

Logistics & warehousing

Biotechnology

Source: Madhya Pradesh State Portal, State Budget


KEY INDUSTRIES – AUTO AND AUTO COMPONENTS

… (1/2)

Strategic location of the state, with its proximity to the automotive

hub of NCR, provide key advantages for well-connected regions of

Madhya Pradesh to emerge as auto clusters.

Supported by facilities such as an auto testing track & auto research

centre, Pithampur region has emerged as a major auto cluster.

The essential infrastructure foundation existing in the automotive

cluster includes power, water supply, telecommunication services &

roads.

The Pithampur automotive cluster is among the industrial clusters in

India, which have been identified by the central government for

implementation of the Industrial Infrastructure Upgradation Scheme

(IIUS). The scheme aims at improving the competitiveness of

functional clusters across the country.

It has numerous automotive original equipment manufacturers

(OEMs), such as Force Motors, Eicher Motors, Hindustan Motors &

Mahindra 2-Wheelers, a major tyre producing unit of Bridgestone &

about 30 auto component & ancillary units.

Some key players

Eicher Motors Ltd

Force Motors Ltd

Hindustan Motors Ltd

Mahindra Two Wheelers Ltd


KEY INDUSTRIES – AUTO AND AUTO COMPONENTS

… (2/2)

Eicher Motors Limited, incorporated in 1982, is the flagship company of the Eicher Group in India and a leading

player in the Indian automobile industry. VE Commercial Vehicles Ltd (VECV), is a 50:50 joint venture between

the Volvo Group (Volvo) and Eicher Motors Limited (EML). The company has a state-of-the-art manufacturing

facility of buses and trucks at Pithampur with a production capacity of 48,000 vehicles, annually and an auto

component facility at Dewas (plant area of approximately 18,000 sq. m.). VECV is setting up a new engine plant in

the existing facility at Pithampur. The engine capacity was ramped up from 60,000 units to 160,000 units in the

financial year 2016-17. The company recorded revenues of US$ 357.19 million, in the third quarter of FY18.

Force Motors is a vertically integrated automobile company, which designs, manufactures & markets its range of

vehicles – tractors, 3-wheelers, light commercial vehicles, multi-utility vehicles & heavy commercial vehicles. The

manufacturing plant at Pithampur was set up in 1987 under license from Daimler-Benz to manufacture utility

vehicles. The plant was further expanded in 1997. Subsequently, it also obtained ISO 9001:2000 certification in

2003. The total revenues recorded by the company stood at US$ 117.27 million in the third quarter of FY18.

Hindustan Motors Limited (HML), the pioneer in automobile manufacturing in India, is the flagship company of the

C. K. Birla Group. The company manufactures passenger cars, multi-utility vehicles & Road-Trusted Vehicles

(RTV). In technical collaboration with Australian OKA Motor Company, HML manufactures RTVs in its plant at

Pithampur. The company’s total income stood at US$ 0.33 million in 2016-17.

Mahindra 2-Wheelers Limited was founded in 2008 when Mahindra & Mahindra Limited (M&M), India's leading

automotive companies took over Pune-based Kinetic Motor Company Limited (KMCL). The company has a state-

of-the-art, ISO 9001 certified manufacturing facility at Pithampur in Madhya Pradesh.

Eicher Motors Ltd

Force Motors Ltd

Mahindra Two

Wheelers Ltd

Hindustan Motors Ltd


KEY INDUSTRIES – TEXTILES … (1/3)

Madhya Pradesh is one of the major cotton producing states of India. In

2016-17*, cotton was grown on an estimated area of 599,000 hectares in

the state with a total production of around 2.10 million bales (170 kg each).

Cotton textile mills are based in Indore, Dewas, Ujjain, Malanpur, Pithampur,

Khargone, Gwalior & Bhopal.

An apparel park is located in the Indore SEZ & spreads over 133.38 acres of

land. The project is implemented by M.P. Audyogik Kendra Vikas Nigam

(Indore) Ltd.

Indore has been identified as the region for infrastructure development

under the Textiles Centre Infrastructure Development Scheme (TCIDS). The

city is a cluster of the readymade garments industry with over 1,260

garment units.

Extending support to the industry, the state government has announced

plans to upgrade existing apparel clusters at Indore & Jabalpur. The state

government has established a textile park in Chhindwara.

The central government plans to develop a second textile park at Indore,

and US$ 6.6 million would be sanctioned for this purpose.

Textile Research Association and Export Promotion Council are to be set up

in Madhya Pradesh.

Trident Group is going to set up a mega industrial textile hub at Budhni in

the state. Setting up of the textile hub will entail an investment of Rs 6,250

crore (US$ 965.4 million) and generate employment for 16,500 persons.

Some key players

Century Textiles and Industries Ltd

Grasim Industries Ltd

Vardhman Textiles Ltd

Raymond Ltd

Textile infrastructure in Madhya Pradesh

Composite mills 20

Exclusive weaving units 8

Export oriented spinning units 12

Handlooms 47,000

Looms 6,500

Power looms 43,290

Power loom units 17,524

Rotors 14,348

Spindles 1,414,000

Spinning units 40

Source: Madhya Pradesh Business Line , Public-Private Partnerships in India, Madhya Pradesh State Industrial Development Corporation

Note: *provisional



To attract investments into the sector, the government has provided an

interest subsidy for 5 years at a rate of 5 per cent for textile projects and 7

per cent for composite textile projects without capping. Furthermore, the

government provided 100 per cent assistance in plant & machinery for 8

years under Industrial Investment Promotion Assistance Scheme.

Under the Comprehensive Handloom Development Scheme (CHDS) &

National Handloom Development Programme Scheme (NHDP), the financial

assistance released in the last 3 years i.e. 2012-13 to 2014-15 & the current

year 2015-16 in the state stood at US$ 0.07 million.

For the year 2016-17, the state recorded 97 MT of total raw silk production.

There were 658 weavers covered under the Handloom Weavers’

Comprehensive Welfare Scheme in 2016-17.

In January 2017, the government approved a textile project to Vardhman

Textile Ltd., at Mandideep, Sallapur & Budhni for modernisation &

expansion, with an estimated investment of US$ 215.68 million.

An expansion project was granted to Sagar Manufacturing Pvt. Ltd. at

Tamot, with investment worth US$ 139.32 million in January 2017.

In January 2017, the Defence Ministry announced its plans to set up a unit

of national importance at Morena, with investment worth US$ 223.11 million.

The cotton production in Madhya Pradesh incresed from 1.5 million bales in

FY10 to 2.5 million bales in FY17.

Cotton production (in bales of 170 kg) in Madhya Pradesh

Cotton productivity (in kgs/hectare) in Madhya Pradesh

54

0.0

49

0.0

42

4.0

46

3.0

48

1.6

61

5.1

57

2.2

51

8.3

55

9.0

0

100

200

300

400

500

600

700

FY08 FY09 FY10 FY11 FY12 FY13 FY14 FY15* FY16*

Source: The Cotton Corporation of India Ltd, 1 Projected, As per Cotton Advisory Board

Note: *provisional

1,2

36

.1

1,9

29

.0

2,1

48

.0

2,8

38

.0

2,8

59

.0

0.00

500.00

1000.00

1500.00

2000.00

2500.00

3000.00

3500.00

FY14 FY15 FY16 FY17 FY18



Century Textiles and Industries Ltd was incorporated in 1897. The company has interests in textile, rayon, cement

and paper. Yarn and denim production units of the textile business are located at Satrati in Madhya Pradesh. The

plant is equipped with 24,960 spindles for manufacturing of yarn and produced about 4,244.2 tonnes of yarn

during 2010–11. The denim division has a production capacity of 21 million metres of denim fabrics per annum.

The company recorded revenues of US$ 322.3 million in the third quarter of FY18.

Century Textiles and

Industries Ltd

Grasim Industries Ltd, a flagship company of the Aditya Birla Group, is one of the leading companies in India with

diverse interests in cement, chemicals and textiles. Its textile plants are located at Bhiwani, Haryana and

Malanpur, Madhya Pradesh. The Malanpur unit of the company manufactures worsted dyed yarn spun from pure

merino wool along with polyester and other blends. The company has a wide retail network and also serves

international apparel manufacturers. The total revenue earned by the company during the third quarter of FY18

stood at US$ 691.17 million.

Grasim Industries Ltd

The Vardhman Group is a leading textile conglomerate in India having a turnover of US$ 1.1 Billion. The yarn

manufacturing units are located in Mandideep (130,994 spindles), Satlapur (222,624 spindles) and Bhudhni

(60,000 spindles). In September 2013, the company added 36,288 spindles to its Satlapur plant. Furthermore, the

Bhudhni plant has a fabric weaving unit (400 looms) and a fabric processing unit with a capacity of 40 million

metres per annum. The company posted total revenues of US$ 244.31 million, during the third quarter of FY18.

Vardhman Textiles Ltd

Raymond is a major fabric manufacturer in India. Besides, the company also has business interests in engineering

and aviation. The company is one of the largest integrated manufacturers of worsted fabric in the world and

commands over 60.0 per cent market share in worsted suiting in India. The total production capacity of the

company is around 38 million metres of wool and wool-blended products. One of the four plants of the company is

located at Chhindwara in Madhya Pradesh. The revenue earned by the company stood at US$ 126.49 million,

during the third quarter of FY18. Raymond Ltd


KEY INDUSTRIES – CEMENT … (1/2)

The state is the 3rd largest producer of cement in the country &

provides up to 13 per cent of national demand.

Being rich in limestone & coal reserves, the state represents

significant opportunities for the growth of the cement industry.

Satna, Jawad and Neemuch of Madhya Pradesh feature among the

seven major limestone clusters in India. These clusters provide easy

access to raw material resources for the cement industry.

Most limestone deposits are concentrated in the districts of Damoh,

Dhar, Neemuch, Sheopur, Rewa, Satna & Sidhi. Total cement grade

limestone resources of the state are estimated at 4,326.3 million

tonnes.

As of 2015, Madhya Pradesh had 13 cement plants, namely Birla

Vikas & Satna Cement Works (1), Cement Corporation of India Ltd.

(2), Century Cement (1), Heidelberg Cement India Ltd (1), Jaypee

Cement (4), K.J.S. Cement (1), Kymore Cement Works (1), Prism

Cement Ltd (1) & Ultratech- Vikram Cement Works (1).

UltraTech Cement Ltd. has recently bought 2 cement plants &

related power assets of Jaiprakash Associates Ltd. in Madhya

Pradesh, for US$ 792.3 million.

Some of the key players

Birla Corporation Ltd

ACC Limited

Jaiprakash Associates Ltd.

Heidelberg Cement India Ltd

Cement Corporation of India Ltd.

Source: Cement Information System (CIS)- Department of Industrial Policy & Promotion, Government of India; Cement Manufacturers’ Association, Aranca Research


KEY INDUSTRIES – CEMENT … (2/2)

Birla Corporation Limited is the flagship company of the M P Birla Group with business interests in cement, jute

goods, polyvinyl chloride floor covering, auto trim parts and iron & steel casting. The cement plant of the company

is located in Satna, Madhya Pradesh. The plant has a capacity of 2.2 million tonnes per annum. In October 2013,

the company announced plans to set up 3 grinding cum blending units in Madhya Pradesh. The company recently

bought 2 cement plants & related power assets of Jaiprakash Associates. The total revenue recorded by the

company during the third quarter of FY18 was US$ 140.09 million. Birla Corp Ltd

ACC Limited is one of the largest cement manufacturers in India with 17 cement plants, more than 40 ready-mix

concrete plants, 21 sales offices and over 9,000 dealers. In Madhya Pradesh, it has plants in Kymore with a

capacity of 2.7 million tonnes per annum (MTPA). For the fourth quarter of FY18, the company recorded total

revenues of US$ 562.39 million. ACC Ltd

Everest Industries Limited manufactures a range of building solutions, which include ceilings, walls, flooring,

cladding, doors, roofing and pre-engineered steel buildings. One of the five manufacturing facilities of the company

is located at Kymore in Madhya Pradesh. It is among the first manufacturers of fibre-cement roofing sheets and

accessories in India. The plant has been awarded by the state government for excellence in the fields of safety,

health and environment. The company recorded a revenue of US$ 45.34 million, during the third quarter of FY18. Everest Industries Ltd

Heidelberg Cement India Ltd is a subsidiary of Cementrum I.B.V. (a company incorporated under the laws of The

Netherlands, which is 100 per cent controlled by HeidelbergCement AG, which is one of the largest cement

manufacturers in the world). The company has two cement plants at Damoh in Madhya Pradesh. Its cement is

sold under brand name ‘Mycem’. The company recorded a revenue of US$ 77.32 million, during the third quarter

of FY18. Heidelberg Cement

India Ltd


KEY INDUSTRIES – PHARMACEUTICAL AND

BIOTECHNOLOGY INDUSTRY ... (1/2)

Madhya Pradesh has a rich bio-diversity. About 25.2 per cent of the

state is under forest cover; 11 of the 25 agro-climatic zones are

present in the state and a large variety of rare and valuable

medicinal and herbal plants are available.

A nodal agency has been constituted to oversee the developments of

the sector. Incentives in the form of capital subsidies and training

assistance have been arranged to encourage investment.

Biotechnology & pharmaceuticals have been recognised as thrust

sectors. The state has formulated a Biotechnology Policy, which has

created a conducive environment for the bio-pharmaceutical industry

in the state.

Bio Technology Park (Indore) and Bio Fuel Park (Rewa) are major

infrastructure facilities operational in the state.

Agricultural research on hybrid varieties and clinical trials are among

the key activities being undertaken by the state.


Ipca Industries

Lupin Ltd

Piramal Healthcare Ltd

Sun Pharmaceutical Industries Ltd

Teva

Source: MP Trade & Investment Facilitation Corp Ltd, Aranca Research

In 2016-17, the government sanctioned 2,000 new health centres in

the state. The government has also proposed to spend US$ 310

million under the Rashtriya Swasthya Mission.

An amount of US$ 150 million is proposed to be spent on

construction of smart medical city near Sanchi.

In January 2018, a non-financial, tripartite Memorandum of

Understanding (MoU) was signed between Godrej Consumer

Products Limited (GCPL) and the Department of Public Health and

Family Welfare, Government of Madhya Pradesh and Family Health

India (FHI), a local affiliate of FHI 360 (a US-based NGO), aimed at

achieving Malaria free Madhya Pradesh.


KEY INDUSTRIES – PHARMACEUTICAL AND

BIOTECHNOLOGY INDUSTRY ... (2/2)

Ipca is a fully integrated Indian pharmaceutical company with a strong thrust on exports. The company has

operations in over 110 countries and exports account for around 60.0 per cent of the sales. The company has 6

Active Pharmaceutical Ingredient (API) manufacturing plants & 7 formulation plants in India. In Madhya Pradesh, it

has plants at Indore, Pithampur & Ratlam. The plants manufacture drug intermediaries, oral solids, liquids &

injectables, etc. & are certified by apex global agencies. During the third quarter of FY18, total income of the

company reached US$ 134.41 million. Ipca Laboratories Ltd

Lupin Ltd is an innovation-led pharmaceutical company producing a wide range of generic & branded formulations

and Active Pharmaceutical Ingredients (APIs). The company has 2 plants in Madhya Pradesh – 1 at Indore for

formulations & another at Mandideep for API. The plant at Mandideep is approved by global authorities such as

World Health Organisation (WHO), United States Food and Drug Administration (USFDA) & United Kingdom

Medicine & Healthcare products Regulatory Agency (UKMHRA). The total revenue recorded by the company

during the third quarter of FY18 stood at US$ 394.69 million. Lupin Ltd

Piramal Healthcare Ltd (PHL) is a globally integrated healthcare company and recorded revenues of US$ 138.68

million, during the third quarter of FY18. The company caters to a large range of therapeutic products under a

number of divisions such as acute care, biotech, cardiac, diabetes, general medicine, orthopaedic, pain

management, etc. The company has 6 manufacturing facilities in India, one of which is located at Pithampur in

Madhya Pradesh. Piramal Healthcare Ltd

Sun Pharmaceutical Industries Ltd, one of India's largest pharmaceutical companies, is an integrated, research-

based pharmaceutical company with a global presence. In the third quarter of FY 2018, the company recorded

total income of around US$ 321.08 million. The company announced the acquisition of Ranbaxy Laboratories

Limited in April 2014, and completed the acquisition deal in March 2015. The company manufactures a wide range

of generic medicines in its 45 manufacturing sites across the globe. Sun Pharma Industries Ltd. has two

manufacturing facilities in Madhya Pradesh at Dewas & Malanpur.

Sun Pharmaceutical

Industries Ltd


KEY INDUSTRIES – MANUFACTURING … (1/2)

Madhya Pradesh State Industrial Development Corporation & its

subsidiaries have developed numerous growth centres across the

state. The Industrial Policy of the state provides numerous incentives

for setting up manufacturing units.

The manufacturing sector in Madhya Pradesh is witnessing strong

growth on account of improving industrial infrastructure, policy

incentives, labour resources & central location of the state.

Districts such as Indore, Bhopal, Jabalpur, Ujjain, Gwalior, Dhar,

Satna, Dewas, Sagar & Khandwa are notable manufacturing hubs in

Madhya Pradesh. Between FY12 and FY18, gross value added

originating from the manufacturing sub-sector grew at a CAGR* of

6.80 per cent.

For industrial modernisation, the state has undertaken measures

such as introduction of Progressive Industrial Policy, infrastructure

improvements & frequent investor meets. To facilitate the industry

with modern infrastructure, the state has initiated expansion of

existing IT parks, stone parks, apparel parks & SEZs.


Bharat Heavy Electricals Ltd

Kirloskar Brothers Ltd

Kores (India) Ltd

Crompton Greaves

Birla Corporation

Gross value added originating from manufacturing sub-sector

at current prices

7.9

8

7.6

6

6.6

4

6.9

2

7.0

7

7.4

7 8.8

1

38

2.8

6

41

7.1

7

40

1.8

5

42

3.3

5

46

2.6

7

50

0.9

1

56

8.0

7

0.00

100.00

200.00

300.00

400.00

500.00

600.00

0.00

1.00

2.00

3.00

4.00

5.00

6.00

7.00

8.00

9.00

10.00

201

1-1

2

201

2-1

3

201

3-1

4

201

4-1

5

201

5-1

6

201

6-1

7

201

7-1

8

US$ billion Rs billion

Source: MOSPI

Note: *In Rs terms


KEY INDUSTRIES – MANUFACTURING … (2/2)

Bharat Heavy Electricals Ltd (BHEL) is a large engineering & manufacturing enterprise in India in the energy-

related & infrastructure sector. During the third quarter of FY18, the state recorded total income of US$ 1.04

billion. The Bhopal unit of BHEL was set up in Piplani in 1956 with technical assistance from Associated

Electricals (India) Limited, a UK-based company. The unit has the capability to manufacture hydro, steam, marine,

nuclear turbines, heat exchangers, hydro, turbo generators, transformers, switchgears, control gears,

transportation equipment, capacitors, bushings, electrical motors, rectifiers, oil drilling rig equipments & diesel

generating sets.

Bharat Heavy

Electricals Ltd

Kirloskar Brothers Ltd (KBL) is the flagship company of the Kirloskar Group. KBL has business interests in large

infrastructure projects such as water supply, power generation & irrigation, manufacturing of pumps for domestic,

agricultural & industrial use. The revenue from operations of the company stood at US$ 282.94 million in 2016-17

& US$ 68.89 million during the third quarter of FY18. The company has 6 manufacturing plants, one of which at

Dewas in Madhya Pradesh was established in 1962. The plant manufactures pumps for domestic & agricultural

use. Kirloskar Brothers Ltd

Kores (India) Ltd was incorporated in 1936 & has business interest in diverse fields such as office products,

foundry, textiles, pharmaceuticals, engineering, etc. The engineering division of the company has a plant at

Pithampur in Madhya Pradesh. The plant is set up on an area of 71,192 sq m & has facilities such as machining,

fabrication, assembly & testing. The company produces hydrostatic rigs, pumps, drills & related accessories in the

plant at Pithampur. Kores (I) Ltd

Crompton Greaves is a part of the US$ 4 billion Avantha Group. The company is engaged in designing,

manufacturing & marketing of technologically advanced electrical products & services. The company

manufactures transformers at its plants in Mandideep & Malanpur & industrial systems (rotating machines &

railway signalling unit) in Pithampur. The company recorded a revenue of US$ 145.94 million in quarter ending

December 2017. Crompton Greaves


KEY INDUSTRIES – FAST MOVING CONSUMER

GOODS … (1/2)

Factors such as industrial infrastructure in growth centres, cheap

labour & central location are the key influencers for establishing

consumer goods manufacturing facilities in the state.

Many multinational companies, such as Mondelez, Procter &

Gamble, Hindustan Unilever Limited, Coca Cola & Cargill, have their

manufacturing plants in the state.

A majority of the manufacturing plants are located in industrial areas

of the state such as Malanpur, Mandideep, Pithampur & Chhindwara.

Procter & Gamble’s strategic move of relocating its central

warehouse for FMCG products to Bhopal has helped it save annual

logistics expenses of around US$ 20 million. Many FMCG

companies are now relocating their warehouses to replicate this

success.

To promote growth in the FMCG sector, the state government has

established Gwalior as an FMCG cluster.

Some key players

Mondelez India Foods Ltd

Procter & Gamble (P&G) Home Products Ltd

Dabur India Ltd

Hindustan Unilever Ltd

Patanjali Ayurveda Ltd. plans to set up a food processing unit in the

state, with an investment of US$ 76 million.

The bottling division of Coca Cola in India, Hindustan Coca-Cola

Beverages Ltd. (HCCBL), is planning to invest US$ 111.56 million to

set up a bottling plant at in Hoshangabad, Madhya Pradesh. The 110

acre plant, would facilitate multiple bottling lines for its carbonated

beverages such as Coca-Cola, Sprite, Fanta, Thums Up and Limca.

As of March 2017, Intex Technologies planned to invest US$ 74.31

million for setting up a manufacturing unit for mobiles, air

conditioners and consumer durable goods.


KEY INDUSTRIES – FAST MOVING CONSUMER

GOODS … (2/2)

Mondelez India Foods Ltd is part of Mondelēz International, Inc. It operates in 5 categories – chocolate

confectionery, beverages, biscuits, gum & candy. Mondelez's key brands in India include Cadbury Dairy Milk,

Bournvita, 5 Star, Perk, Bournville, Celebrations, Gems, Halls, Éclairs, Bubbaloo, Tang & Oreo. In India, the

company started its operations in 1948 and has 6 factories & 4 sales offices.

Mondelez India Foods

P&G Home Products Ltd, one of India's largest consumer goods companies, is a 100 per cent subsidiary of

Procter & Gamble Company, US. The company owns some of the reputed brands in the fabric, hair & baby care

segments. The company has its manufacturing plant at Mandideep in the Raisen district of Madhya Pradesh. Procter & Gamble (P&G)

Home Products Ltd

Dabur India Ltd is a leading consumer goods company in India with total income of US$ 307.2 million in the fourth

quarter of FY17. The company has 2 major divisions: consumer care business & international business division.

One of the 17 manufacturing plants of the company is located at Katni in Madhya Pradesh. The total income

recorded by Dabur India Ltd during the third quarter FY18 was US$ 233.22 million.

Dabur India Ltd

Hindustan Unilever Ltd (HUL) is a subsidiary of Uniliver and is India's largest consumer goods company with a

portfolio of brands in 20 distinct categories. Established in 1930, the company has its manufacturing plant at

Chhindwara in Madhya Pradesh. HUL recorded net revenue of US$ 1.35 billion during the third quarter of FY18.

Hindustan Unilever Ltd


KEY INDUSTRIES – AGRO-BASED INDUSTRY … (1/2)

Madhya Pradesh is an agrarian state. Around 74 per cent of the population of the state is directly or indirectly, dependent on agriculture. Of the

total gross area under crop cultivation in the state, 54.2 per cent is sown during the kharif season while the other 45.7 per cent is sown during the

rabi season. Budget estimate for the horticulture and food processing sectors in the state stood at US$ 118.85 million in. Budget estimate for

farmer welfare as well as development of agriculture, during 2017-18, in the state was recorded to be US$ 704.93 million. Madhya Pradesh is the

largest producer of oilseeds with production of 6.94 million tonnes in 2017-18.

Madhya Pradesh is one of the leading producers of spices such as ginger, chilli and garlic. Jawaharlal Nehru Krishi Vishwavidyalaya is located in

Jabalpur and serves as a centre for teaching and research in agriculture and allied sciences. The state was the fourth largest milk producer in

India as of March 2017. Milk production in the state increased from 12.12 million tonnes in 2015-16 to 13.44 million tonnes in 2016-17. Egg

production in the state reached 1,693.96 million units in 2016-17, while, meat production in the state increased from 69.83 thousand tonnes in

2015-16 to 78.64 thousand tonnes in 2016-17.

Dhar, Ujjain, Chhindwara, Jabalpur, Hoshangabad, Guna, Ashok Nagar, Dewas, Indore, Shajapur, Vidisha, Sagar, Ratlam, Sehore, Mandsaur and

Khargone are the major districts involved in agriculture and allied industries. The state received the “Krishi Karman” award for the third

consecutive year. Horticulture is an emerging sector in the state. Through the export of aromatic and medicinal plants, the horticulture segment is

a potential foreign exchange earner. In 2016-17, the state recorded utilisation of 1741.79 thousand hectares of land for production of horticulture

crops. The state has invested resources into the making of water assets, new plantations, flower gardens and organic farming. Plans are being

laid out to set up suitable post-harvest facilities like packing houses, cold storage and mobile processing units.

Source: Ministry of Agriculture, Farmer Welfare & Agriculture Development Department Madhya Pradesh Solvent Extractors’ Association of India, Aranca Research


KEY INDUSTRIES – AGRO-BASED INDUSTRY … (2/2)

Adani Wilmar Ltd (AWL) is a 50:50 joint venture between two global corporations - Adani Group of India and

Wilmar International Limited of Singapore. The company has production infrastructure across the country, with a

crushing capacity of over 5,750 tonnes per day and a refining capacity of over 9,000 tonnes per day. The company

has a production unit in Chhindwara and a packaging plant at Dewas in Madhya Pradesh. FORTUNE, King's,

RAAG, Bullet, Fryola and JUBILEE are the brands under which AWL sells its range of edible oils, vanaspati and

bakery shortening. Adani Wilmar Ltd

Anik Industries Limited has business interests in dairy and milk derivative products, wind power, mining & coal,

ferro alloys, real estate and agri commodities. The company has three milk processing units in Madhya Pradesh

for manufacturing of dairy products, two at Dewas (capacity of 240,000 litres of milk per day and 400,000 litres of

milk per day) and one at Bhopal (capacity of 100,000 litres of milk per day). These units are supported by 11

chilling centres spread across the state, which collect milk from 5,000 villages. The company recorded revenue of

US$ 20.94 million during Q3 of FY2017-18. Anik Industries Ltd

Ruchi Soya Industries Ltd is one of the major agro-based product manufacturers in India. The product portfolio of

the company includes edible oils, soya foods, bakery fat and vanaspati. It is also the largest exporter of soya foods

and lecithin from India. The company has a wide presence in Madhya Pradesh with six manufacturing plants

located at Mangla, Shujalpur, Guna, Piaparia, Gaderwada and Jabalpur and three depots at Gwalior, Jabalpur and

Indore. The company recorded total income of US$ 467.23 million in Q3 FY18. Ruchi Soya

Industries Ltd


KEY INDUSTRIES – TOURISM … (1/2)

Madhya Pradesh is blessed with scenic beauty, rich heritage of

pilgrim centres, temples & wildlife sanctuaries. The state government

has identified the tourism sector as a key growth area.

In 2016, foreign tourist arrivals in the state were approximately

363.195 thousand while domestic tourists were 150.49 million.

The state government has shortlisted 18 noteworthy centres, which

draw in large numbers of domestic and foreign tourists for further

development.

The state government has taken initiatives to promote eco-, wildlife,

adventure, leisure, business & pilgrim tourism.

The Ministry of Tourism has included Chitrakoot as one of the 35

mega tourist centres sanctioned to be developed. Chitrakoot will be

developed as a spiritual & wellness destination. The destination will

be developed as a part of the Ramayana Circuit. The government

has allocated a sum of US$ 10.69 million for development of this

circuit.

As per budget 2018-19, the state government proposed an allocation

of US$ 36.84 million for the development of the state’s tourism

department.

In February 2017, the state tourism advertisement ‘MP Mein Dil Hua

Bachche Sa’ bagged the prestigious AFI (American Film Institute)

award for the best ongoing campaign, which was launched in June

2016.

The Central Sanctioning and Monitoring Committee (CSMC) for the

Swadesh Darshan Scheme in Ministry of Tourism has approved a

sum of US$ 15.28 million for the development of Heritage Circuit in

state of Madhya Pradesh. The circuit will cover cities of Gwalior-

Orchha-Khajuraho-Chanderi-Bhimbetka-Mandu. The project would

facilitate world class infrastructural development of the sites,

including developing a theme park & convention centre in Khajuraho.

Site illumination, construction of tourist facilitation centres & parking

area are other interventions proposed in the circuit.

In 2016 Madhya Pradesh was among the top 5 tourist destination

state.

International tourist arrivals (in millions)

0.2

3

0.2

5

0.2

0 0.2

5

0.2

7

0.2

8

0.2

8

0.3

2

0.4

2

0.3

6

0.2

6

2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017*

Source: MP economic survey 2017-18

Note: up to September 2017


KEY INDUSTRIES – TOURISM … (2/2)

The state has 382 tourist sites, including world heritage sites. Major

places of tourist interest in Madhya Pradesh are as follows:

• Kanha: One of the largest wild-life sanctuaries in Asia.

• Khajuraho: Some of the most famous sculptures in the world.

• Bhimbetka: The oldest cave paintings in the world.

• Sanchi: The oldest Buddhist Stupa in the world.

• Bandhavgarh: The highest density of tiger population in the

country.

• Bhedaghat: Scenic marble rocks rising up to 100 feet.

• The state has 9 national parks & 25 wildlife sanctuaries.

• Numerous festivals, such as All India Kalidasa Festival, Tansen

Samaroh (Gwalior), Lokranjan & Khajuraho Dance Festival

(Khajuraho), are celebrated in the state, which attract tourists.

In January 2017, the Government of Madhya Pradesh developed

Hanuwantiya Island, with an investment of US$ 1.19 million, to

promote water tourism in the state. The island is located in the

reservoir of Indira Sagar Dam, situated on Narmada river.

Measures to promote tourism in Madhya Pradesh

Promote and market as an attractive tourist destination.

Providing decent accommodation in areas of tourist interest,

operating a transport fleet of coaches, cars and Gypsys

Develop eco-friendly and sustainable tourism facilities.

Develop and promote eco- and adventure tourism.

Publicity and marketing of tourist destinations and facilities.

Source: Madhya Pradesh Tourism Policy


KEY INDUSTRIES – FOREST-BASED INDUSTRIES

With a share of about 12.44 per cent of the total forest area of the country, Madhya Pradesh has the largest area covered by forests among all the

states in India.

In Madhya Pradesh, the average annual production of tendu leaves is estimated around 2.5 million standard bags, accounting for nearly 25 per

cent of all tendu leaves produced in India.

Tendu leaves, sal seed and kullu gum are nationalised forest produce. Other non-wood forest products are non-nationalised and can be collected

and traded freely.

Other important forest products popularly traded include Chebulic Myrobalan, Mahua, Sal seeds, Kullu gum and bamboo.

Estimated budget for the forest department during 2018-19 stood at US$ 415.08 million.

Sale of forest products contributes significantly to the state revenues. Forest products are either sold through auction in commercial depots, or

through sale on pre-defined rates at Nistar depots. As of 2015, there were 40 commercial timber depots and 22 industrial bamboo depots in the

state.

Source: Forest Department, Madhya Pradesh, www.mpforest.org Trading & Development Co-Op Federation Ltd.


KEY INDUSTRIES – IT AND ITeS

Madhya Pradesh has an optical fibre spine of more than 24,000 km

that covers 313 formative blocks over 45 districts.

The state is home to the country’s 1st Indian Institute of Information

Technology & Management (IIITM), which is located in Gwalior. The

government has proposed to set up 21 IT SEZs across the state. 5

information technology parks, located at Bhopal, Indore (2), Gwalior

& Jabalpur, are at various stages of development.

Around 20 companies have signed MoUs worth US$ 1.4 billion for

investments in the IT sector within the state.

Various information technology infrastructures such as the wide area

networks, data centres, etc. are being used for exchanging the

information by different departments of the state government.

A government society MAP_IT (Madhya Pradesh Agency for

Promotion of Information Technology), headed by the Chief Minister

& represented by the government & industry, has been established

to implement the IT policy & propel the growth of the IT industry in

Madhya Pradesh. The state government proposed allocation of US$

47.52 million for different activities under science & technology

during 2018-19.

Contract for setting up a special IT processing centre was granted to

Fujitsu Optel Ltd., at Mandideep in Raisen, at an estimated cost of

US$ 8.48 million.

IT parks

Crystal IT Park (51,097 sq. m) Indore

Hardware and Software

Technology Park (200 acres) Bhopal

Software Technology Park

(100,000 sq ft) Indore

IT Park (50 acres) Gwalior

IT Park (90 acres) Jabalpur

Hardware & Software

Technology Park, Bhopal

Crystal IT Park,

Indore

Software

Technology Park,

Indore

IT Park, Gwalior

Jabalpur IT Park,

Jabalpur

IT projects in Madhya Pradesh

Source: Maps of India


KEY INDUSTRIES – MINERAL-BASED INDUSTRY …

(1/3)

Madhya Pradesh is one of the key mineral-producing states in India, providing tremendous potential for industrial growth.

With 26 major and minor minerals being mined in the state, it ranks fourth in mineral production.

The state has rich deposits of coal, limestone and manganese. Bauxite, dolomite, fire clay, granite and marble stones are other mineral resources

available.

During 2017-18 (for the period April 2017 to December 2017), value of all minerals produced in Madhya Pradesh was recorded to be Rs

11,660.07 crore (US$ 1.81 billion).

Madhya Pradesh, with its 1,045,318 carats of proven diamond reserves, is the sole producer of diamonds in India.

Madhya Pradesh is the leading producer of minerals such as pyrophyllite and copper.

During 2017-18 (for the period April 2017 to September 2017), value of fuel mineral produced in Madhya Pradesh was recorded to be Rs

10,220.92 crore (US$ 1.59 billion).

Major mineral-based industries in the state are cement, thermal power generation, ceramic-products, tiles and refractory.

The Mineral Resources Department of Madhya Pradesh has planned to introduce online electronic transit pass (e-TP) services in Balaghat,

Sagar, Tikamgarh, Satna, Rajgarh, Betul, Indore, Ujjain, Neemuch, Gwalior, Bhind and Hoshangabad in December 2016.

Source: Indian Bureau of Mines



(2/3)

Mineral 2017-18 (till December 2017)

Coal 82,415

Bauxite 406.63

Copper ore 1,660.85

Copper conc. 53.12

Iron ore 1,337

Manganese ore 549.70

Phosphorite 80.28

Diamond (in carat) 28,424

Limestone 30,899

Mineral production in Madhya Pradesh (‘000 MT)

Source: Ministry of Mines, Government of India, Aranca Research



(3/3)

Hindustan Copper Ltd (HCL) is a vertically integrated copper manufacturing company. In 1982, the company

established its Malanjkhand copper project, which has the single-largest copper deposit in the country. The

Malanjkhand mine has a copper deposit of 221 million tonnes with 1.3 per cent copper concentration. The

company possesses an open-pit mine with a capacity of 2 million tonnes per annum, concentrator plant, tailing

disposal system and other auxiliary facilities. The plant contributes around 80.0 per cent of the copper production

of the company. HCL’s mines and plants are spread across Rajasthan, Jharkhand, Madhya Pradesh and

Maharashtra. HCL plans to expand its flagship Malanjkhand mine with an investment of US$ 308.1 million. During

Q3 FY18, the company recorded a turnover of US$ 76.88 million. Hindustan Copper Ltd

NMDC is a public sector unit involved in mining of a wide range of minerals such as iron, copper, limestone,

dolomite, gypsum, tin, graphite and diamond. The company is the single largest iron ore producer in the country.

NMDC is the only organised producer of diamonds in India and produces diamond from its Majhgawan mine at

Panna in Madhya Pradesh. The production capacity of the mine is around 84,000 carat per annum. The mine

employs around 199 persons. Total Income from operations of US$ 398.54 million was recorded by the company

during Q3 FY2018.

NMDC Ltd


TRADE AND INVESTMENT FACILITATION

CORPORATION LIMITED … (1/2)

TRIFAC, established in 2004, is the state’s single window clearance facility. As a nodal agency, it extends customized incentives to mega projects

(investment over US$ 4.6 million).

TRIFAC is a coordinating interface between entrepreneurs and government agencies and provides effective pre-investment and post-investment

services.

Source: MP Trade and Investment Facilitation Corporation Ltd, TRIFAC - Trade and Investment Facilitation Corporation Limited


TRADE AND INVESTMENT FACILITATION

CORPORATION LIMITED … (2/2)

TRIFAC activities Description

APEX Level Investment Promotion

Empowered Committee

For project investments over US$ 4.6 million, TRIFAC facilitates obtaining of customised economic

package through APEX Level Committee headed by Chief Minister.

Project Clearance and

Implementation Board Acts as an empowered body to grant in-principle approval to mega projects.

Madhya Pradesh Investment

Facilitation Act 2008

Acts as member secretary for APEX and State Level Committee, which ensures speedy approvals for

various clearances/consents/permissions.

Combined application form Under the MP Investment Facilitation Act 2008, a single form for obtaining all necessary clearances.

Investment drive TRIFAC organises investor meets, conducts road shows and industry interactive sessions to stimulate

investments in the state.

Memorandum of Understanding TRIFAC acts as a nodal agency for executing the MoU process for investment plans related to the

industry sector.

Delhi-Mumbai Industrial Corridor TRIFAC acts as a nodal agency for executing the project in the state.

Industrial Investment Promotion

Assistance 2004 TRIFAC acts as a nodal agency for providing industrial investment assistance in the state.

Audyogik Kendra Vikas Nigam

Limited (AKVN) AKVN is the subsidiary company of MP TRIFAC.

Land Bank Responsible for maintaining a land database meant for setting up industries in the state.

Source: MP Trade and Investment Facilitation Corporation Ltd, TRIFAC - Trade and Investment Facilitation Corporation Limited


KEY APPROVALS REQUIRED … (1/2)

List of approvals and clearances required Departments to be consulted

Prior to setting up the unit

Registration DIC for SSI/ SIA for large and medium industries

Allotment of land/shed DI/ SIDC/ Infrastructure Corporation/ SSIDC

Permission for land use District authorities/ State DI/ Dept. of Town and Country Planning (in case

industry is located outside an industrial area)

No objection certificate under Water and Air Act Madhya Pradesh Pollution Control Board

Approval for construction activity and building plan Town and Country Planning/ Municipal and local authorities/ Chief Inspector of

Factories/ Pollution Control Board, Electricity Board

No objection certificate Fire Department

Provisional Trade Tax registrations Central and State Excise Departments, Sales Tax Department

Before commencement of production

No objection certificate under Water and Air Act Madhya Pradesh Pollution Control Board

No objection certificate Fire Department

Permanent trade tax registration under Central Sales Tax Act 1956 Central and State Excise Departments, Sales Tax Department

Registration under Central Sales Tax Act 1956

After commencement of production/activity

Registration Department of Commerce, Industry & Employment

Source: MP Trade & Investment Facilitation Corp. Ltd., Aranca Research SSIDC- Small Scale Industrial Development Corporation

Note: SIDC- State Industrial Development Corporation, SSI- Small Scale Industries, SIA- Secretariat of Industrial Assistance, DIC- District Industrial Center,


KEY INVESTMENT PROMOTION OFFICES

Agency Description

Department of Commerce, Industry

& Employment

The department is responsible for industrialisation in the state through development of small, medium and

large scale industries and new investments. The department is also responsible for creation of basic

infrastructure and development of industrial parks. The department has several support institutions such

as Madhya Pradesh State Industrial Development Corporation (MPSIDC) and Audhyogik Kendra Vikas

Nigam (AKVN) in six cities.

District Trade and Industries Centre

District Trade and Industries Centres are district-level offices of the Department of Commerce, Industry

and Employment of the state government. These centres are empowered to provide clearance for setting

up industrial units.

Madhya Pradesh State Industrial

Development Corporation

Madhya Pradesh State Industrial Development Corporation (MPSIDC) is a support institution of

Department of Commerce, Industry and Employment of the state government. The organisation had the

mandate to promote the state as an industrial destination and help companies set up and expand

industries in Madhya Pradesh.


CONTACT LIST

Agency Contact information

Department of Commerce, Industry & Employment

Mantralaya, Vallabh Bhawan

Bhopal - 462 004

Madhya Pradesh, India

Phone: 91-755-2441061

Website: www.mpindustry.org

Directorate of Industries

Directorate of Industries

Vindhyachal Bhawan

Bhopal

Madhya Pradesh, India

Phone: 91-755-2677988, 2677966

Email: [email protected]

Website: www.mpindustry.org

Madhya Pradesh State Industrial Development Corporation

Limited

AVN Towers

192 Zone-1, M.P. Nagar

Bhopal-462 011, Madhya Pradesh

Phone: 91-755 - 427 0370

Fax: 91-755- 427 0280

E-mail: [email protected], [email protected]

Website: www.mpsidc.org


COST OF DOING BUSINESS IN MADHYA PRADESH

Cost parameter Cost estimate Source

Cost of industrial land (per sq. ft.) US$ 4.8-28.7 Industry sources

Hotel cost per room per night

(four-star, five-star hotel) US$ 76.6-95.7 Leading hotels in the state

Residential rent

(for a 2,000 sq ft house, per month) US$ 268-335 Industry sources

Commercial rent

(per sq ft per month) US$ 0.7-3.2 Industry sources

Power cost (per kWh) Industrial: 8-12.4 US cents Madhya Pradesh Electricity Regulatory

Commission

Labour cost (minimum wages per day) US$ 3.73 Labour Department, Madhya Pradesh

Government

Source: Madhya Pradesh State Portal, PwC Research


STATE ACTS & POLICIES … (1/2)

Information Technology

Investment Policy 2014

To facilitate the growth of the IT sector in the state.

To accelerate the use of information technology in the government at all possible levels to improve efficiency,

transparency, accountability and increased productivity.

To promote balanced and sustainable tourism, which enables socio-economic development and establishes

Madhya Pradesh as a destination that provides a complete tourism experience.

Aims at providing an effective regulatory mechanism for sustainable tourism and developing the sector through

PPP.

Tourism Policy 2010

(As amended in 2014)

To improve investor facilitation and ensure rapid economic development and employment opportunities through

sustainable use of available resources.

Promotes SMEs and ensures PPP initiatives for industrialisation.

Envisages an industry-friendly administration and attracting investments by developing

quality infrastructure.

Industrial Promotion

Policy 2014

Objectives

Madhya Pradesh

Investment Facilitation

Act 2008

Ensures quick and timely disposal of investors’ applications at various levels.

To strengthen & make the single-window system more effective.

To improve the life of common man by leveraging the strength of e-governance & attracting investments in the

sector by providing a conducive environment & highly skilled manpower to transform the state from a resource-

based economy to a knowledge-based economy.

IT Policy 2006

Read more

Read more

Read more

Read more

Read more

http://mpstdc.com/Page/Show/16/Tourism

http://www.invest.mp.gov.in/policies.action?OWASP_IFAMS=DMKP-HIQH-Q7YO-K6CK-GEXW-AIVQ-6WM0-KDPI


http://www.mp.gov.in/mp-it-policy



STATE ACTS & POLICIES … (2/2)

Conservation of the state’s biodiversity & sustainable use of biotechnology resources.

Production of high-yielding, draught and pest-resistant seeds for agriculture & horticulture crops suited to different

agro-climatic zones.

Improvement of quality of livestock & poultry, especially the breeds indigenous to the state.

Afforestation as well as production of cost-effective drugs to treat common diseases of the

tropical & sub-tropical regions of the country.

Biotechnology Policy

2003

Objectives

Special Economic Zone

Policy 2000

To promote development of SEZs in the state.

To increase employment opportunities in the state.

To increase the flow of investments in the field of electronics manufacturing in the state.

Maximising employment generation opportunities and promoting establishment of FAB units.

Analog Semiconductor

Fabrication Investment

Policy 2015

To boost the flow of investments in the BPO/BPM industry along with promoting establishment of IT/ITeS units in

the urban as well as rural areas in the state.

To generate and maximise employment opportunities for youth as well as development and infrastructure

opportunities in smaller cities in the state.

BPO Policy 2014

Read more

Read more

Read more

Read more

http://www.mpbiotech.nic.in/policy.pdf

http://www.sezindia.nic.in/writereaddata/statePolicies/mp_policy.pdf

http://www.invest.mp.gov.in/policies.action?OWASP_IFAMS=A60U-U4S9-H6MM-R9MH-FKWX-O55L-Y0UC-V4X6

http://www.invest.mp.gov.in/policies.action?OWASP_IFAMS=A60U-U4S9-H6MM-R9MH-FKWX-O55L-Y0UC-V4X6


EXCHANGE RATES

Exchange Rates (Fiscal Year) Exchange Rates (Calendar Year)

Year INR INR Equivalent of one US$

2004–05 44.95

2005–06 44.28

2006–07 45.29

2007–08 40.24

2008–09 45.91

2009–10 47.42

2010–11 45.58

2011–12 47.95

2012–13 54.45

2013–14 60.50

2014-15 61.15

2015-16 65.46

2016-17 67.09

2017-18 64.45

Year INR Equivalent of one US$

2005 44.11

2006 45.33

2007 41.29

2008 43.42

2009 48.35

2010 45.74

2011 46.67

2012 53.49

2013 58.63

2014 61.03

2015 64.15

2016 67.21

2017 65.12

Source: Reserve Bank of India, Average for the year


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This presentation is for information purposes only. While due care has been taken during the compilation of this presentation to ensure that the

information is accurate to the best of Aranca and IBEF’s knowledge and belief, the content is not to be construed in any manner whatsoever as a

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Documents

MADHYA PRADESH3 MADHYA PRADESH For updated information, please visit EXECUTIVE SUMMARY GSDP of Madhya Pradesh grew at a compound annual growth rate (CAGR) of 14.39 per cent* between