Madhya Pradesh Industrial Promotion Policy, 2014 and Action Plan

The key objectives of the Industrial Promotion Policy 2014 are: Rationalization and simplification of procedures to ensure effective implementation of policy; To improve investor facilitation and enhance ease of doing business; To create an enabling environment for robust industrial growth; To achieve higher and sustainable economic growth by accelerating the growth of manufacturing and service sectors through private sector participation; To create an able and supportive regulatory and policy environment to facilitate private sector participation; To achieve inclusive industrial infrastructure development in the state; To promote environmentally sustainable industrial growth and balanced regional development; To enhance employment opportunities in all sectors; To encourage growth in Madhya Pradesh’s trust sectors (Agribusiness and Food Processing, Textiles, Automotive and Auto components, Tourism, Pharmaceuticals,, Biotechnology, IT/ITeS, Healthcare and Logistics & Warehousing); To encourage environment friendly practices in enterprise development; and to provide a welcoming and facilitative atmosphere to entrepreneurs, industrialists and investors.