Madhya Pradesh

MADHYA PRADESH

state

Incentives & Schemes  

For industrial promotion & state economic growth

The government of different states is offering schemes for supporting businesses and creating opportunities to promote the state’s economy.

Madhya Pradesh

Madhya Pradesh provides excellent infrastructure to support industrial expansion and growth. The state has 96 industrial areas with a total land bank of more than 1.25 lakh acres, 13 projected greenfield industrial zones, and 96 industrial areas. 

 

In short, the state provides excellent support for industrial growth with a state containing 96 industrial areas and 13 proposed greenfield industrial areas.

 

Here are some Incentives that the government offers for state benefit and development:

 

  1. Industrial Development Subsidy
  2. Exemption of Electricity Duty
  3. Incentives on Quality Certification
  4. Reimbursements for Patent
  5. Employment Generation Subsidy
  6. Export Support

Promotion of Thrust Sector

The focus area also known as the thrust sectors of the state has significant market size and has the potential to create more job opportunities. As per the state, here are some major thrust sectors-

  • IT/ITes
  • Healthcare,
  • Skill development
  • Pharmaceutical
  • Renewable energy
  • Biotechnology
  • The logistics & warehousing

 

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