Ditching the Covid-19 pandemic blues, investors have proposed to invest close to Rs6,000 crore inMadhya Pradeshin the first five months of the ongoing fiscal 2021/22, pushing demand for developed as well asundevelopedland parcels.

As many as 495 industries, including large and Micro, Small and Medium enterprises (MSME) have proposed to invest Rs5,707 crore in the state so far in 2021-22 fiscal.

The department has allotted 832 hectare to industries so far this year. These industries have proposed to give EMPLOYMENT to 25,186 people in FY 2021-22. Several large and medium textile units have taken up land in the Indore region for setting up integrated facilities.
In Indore region, around 50 textile and garment industries have booked land by paying 25% of the total premium amount to set up factories by pumping Investment of Rs1,560 crore, according to the regional office of MPIDC.