Introduction
Madhya Pradesh is called the heart of India due to its geographical location in India. Madhya Pradesh is the second largest state in the country by area. It is the sixth largest state in India by population. Madhya Pradesh economy largely depends on agriculture, industries and minerals. About 65% of the total work force of the state depends directly and indirectly on agriculture. Mines and industries play an important role in economic development of state. The state is rich in mineral resources and has the largest reserves of diamond and copper in India. More than 30% of its area is under the forest cover.
Over the last decade Madhya Pradesh has witnessed a radical transformation in terms of economic and social development. The state has recorded an impressive growth in GSDP averaging over 9% during the last decade of stable governance, supplemented by creation of a robust support infrastructure in terms of roads, water supply, irrigation capacity and a year round 24x7 power supply. The abundant manpower of the state has been developed into a skilled technical workforce, with the presence of world class institutes like IIM, IIT, AIIMS, Engineering colleges and several ITIs. The state is leading in textile manufacturing, automobiles, food processing, soya processing, engineering and agriculture equipment manufacturing. The peaceful manpower of the State is an advantage for industrial development.
Having established a strong pedestal for rapid economic development, the people centric transparent policies and hassle-free investment procedures in the state are gradually making Madhya Pradesh a Global Investment Hub. Already, domestic and global multinational firms including TEVA, TCS, Infosys, John Deere, Bridgestone, Reliance, Rio Tinto, Cummins, Volvo, Novartis, P&G, AkzoNobel, and Essar have made investment in the state.
Advantage Madhya Pradesh
- Strategic location
- Air connectivity -
Direct flights from key cities. There are three operational airports in Bhopal, Indore and Jabalpur.
- Train connectivity -
More than 455 trains transit through Madhya Pradesh daily. 220 trains transit through the State’s capital Bhopal alone. North -South & East-West corridors cut across Madhya Pradesh. There is convenient access to major ports such as Kandla port and Jawaharlal Nehru port in the state. Bhopal, Indore, Jabalpur, Gwalior, Itarsi, Ratlam Bina, Katni & Guna are the main railway stations. Jabalpur is the headquarter of West-Central Railways.
Bhopal is the divisional headquarter of West-Central Railway. Some important ongoing works falling in Bhopal division are new lines on Ramganjmandi-Bhopal Sec. (262 Km.); doubling of Bina-Ruthiyai-Kota Sec. (282 Km.) and tripling project of Bina-Habibganj-Barkheda-Budni-Itarsi Sec.(total 242 Km). Ratlam is the divisional headquarter of Western Railway.