CM Kamal Nath’s initiative changes state’s industrial scenario

Bhopal: Chief Minister Kamal Nath’s initiative has brought about a major positive change in the industrial scenario of the state in the last 12 months. The Chief Minister took historical decisions to allocate developed land for big industries in the state and to provide all the facilities for setting up industries and put it in action. As a result, big industrialists of the country are constantly coming forward to set up industries in Madhya Pradesh.
On the initiative of the Chief Minister, more than 773 acres of developed land was allotted to big industries during the year 2019. More than Rs 7365 crore capital investment was proposed in big industries during this period.
The Audyogik Kendra Vikas Nigam has allocated 67 percent more developed industrial land in developed industrial areas this year than the previous year. Similarly, 52 percent more capital investment has been proposed in big industries as compared to that of previous years.
Due to the steps taken by Kamal Nath to encourage the establishment of industries in the state, a total of Rs 32 thousand 500 crores have been invested in major, medium and small scale industries in the year 2019. During this period, one lakh 9 thousand 210 new employment opportunities were also created.
Large industries have started coming up after an atmosphere of trust created by the state government in the state. In the last one year alone, 11 industries with proposed capital investment of more than Rs 100 crores have entered the state. Among these Ralson Tyres have proposed a capital investment of Rs 1258 crore in Pithampur, Messrs. ACC Limited Devsari, Katni district of Rs 1270 crore, Macleods Pharmaceuticals of Rs 723 crore 21 lakh in Dhar, Shriram Piston and Rings of Rs 620 crore in Pithampur, Cipla Limited of Rs 513 crore in Dhar, Smart Industrial Park, Dhar Formulation SEZ of Rs 335 crore in Dhar, Messrs. Parle Agro Private Limited, Sitapur Phase-2 of Rs 329 crore, Welspun Corporation Limited Jamunia Kheda of Rs 300 crore in Dhar, Jamna Auto of Rs 230 crore in Dhar, Automative Excel Limited of Rs 185 crore in Dhar and Indian Rare Earths Limited of Rs 112 crore 93 lakhs in MSME Acharpura.
The state government has allotted developed land with priority to big industries in the state. In the last one year, a total of 773 acres of developed land has been allotted to these industries. Of these, 404656 square metres of developed land has been allotted to Ralson Tyres, 30600 to ACC, 114200 to Macleods Pharmaceuticals, 65000 to Shriram Piston & Rings, 121264 to Cipla Ltd., 154228 to Dhar Formulation, 137200 to Parle Agro, 604490 to Welspun Ltd. Co., 48400 to Jamna Auto, 93032 to Automative Excel and 101211 sq m to Indian Rare Earths Ltd.