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 and non-resident Indians (NRls) to the state, and provide various facilities and concessions to them.
To ensure a balanced and sustainable growth of industry across the state, MPSIDC established growth centres at Bhopal, Gwalior, Jabalpur, Indore, Rewa and Ujjain. These growth centres are known as Madhya Pradesh Audyogik Kendra Vikas Nigam Limited (AKVN).
The state has excellent infrastructure, with 19 industrial development parks, 129 industrial areas, six food parks, eight integrated development centres, three dry parks, one stone park, one IT park, one SEZ and an apparel park at Indore.
The following are some of the major initiatives taken by the government to promote Madhya Pradesh as an investment destination: