Madhya Pradesh

INDIAN STATES Economy and Business Madhya Pradesh www.ibef.org Published by INDIAN STATES Economy and Business Madhya Pradesh www.ibef.org CONTENTS executive Summary Economic Snapshot The State Economy bag Social home Access infrastructure Communications infrastructure Industrial infrastructure State Policy Industrial constitution IT policy Tourism policy Biotech policy SEZ policy radix policy Business Opportunities Key industries Exports Investment Potential hubs for enthronisation Key Players Doing Business in Madhya Pradesh Indicative list of approvals and clearances cost of setting up business Contact for information 5 7 9 10 10 10 12 12 13 13 13 14 14 14 14 16 16 17 17 19 20 23 23 24 24 A root by PricewaterhouseCoopers Pvt Ltd for IBEF MADHYA PRADESH PAGE 5 Executive Summary Madhya Pradesh, in its present form, came into humankind on November 1, 2000, following its bifurcation to create the new offer of Chhattisgarh. With a Net State Domestic Product of US$ 9.8 billion, Madhya Pradesh is the ordinal largest state economy in India.The states commutation location gives it the unique advantage of being the hub in Indias national logistics network.

Key industry sectors in Madhya Pradesh are cement, textiles, minelaying and edible oils.The state is one of the largest producers of cement in the dry land and a leading producer of edible oils. Industries with potential for evidentiary development in the state are automobiles and pharmaceuticals. A bout of automobile and pharmaceutical companies are investing in establishing/expanding their production home in the state. The cost of basic infrastructure and skilled work force is relatively low in Madhya Pradesh.The state offers one of the last(a) ratios of labour cost to sales ratio in the country. The state government has developed a greenfield Special Economic regulate at Indore. It has also successfully leveraged private investment in transport... If you want to get a full essay, order it on our website: Orderessay

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