Madhya Pradesh is located in Central India. The state is bound in the North by Uttar Pradesh, the East by Chhattisgarh, the South by Maharashtra and the West by Gujarat and Rajasthan.
Being centrally located, companies in the state have access to key consumer markets and major cities such as Delhi (740 km*), Mumbai (780 km*), Kolkata (1,350 km*) and Chennai (1,435 km*). Because of this advantage, a large number of consumer goods companies have manufacturing bases in the state.
Madhya Pradesh has rich mineral resources and has the largest reserves of diamond and copper in India. Besides, the state has significant reserves of coal, coal-bed methane, manganese and dolomite.
Around 31 per cent of the state is under forest cover with abundant natural resources. Favourable soil and climatic conditions have helped the state to be a leading producer of coarse cereals, oilseeds and soybean in the country. The state has attracted a large number of agro-based industries because of its agricultural products.
At current prices, the Gross State Domestic Product (GSDP) of Madhya Pradesh for 2010-11 was US$ 57.0 billion. The Net State Domestic Product (NSDP) of Madhya Pradesh was about US$ 50.7 billion in 2010-11.