What is (MPIDC) Madhya Pradesh Industrial Development Corporation?
MPIDC Full form is The Madhya Pradesh Industrial Development Corporation (MPIDC), it is a state-owned enterprise that provides infrastructure and financial support to industries in the state of Madhya Pradesh, India. The corporation was established in 2004 with the aim of promoting industrial development in the state. Since then, it has helped set up a number of industries and provided them with the necessary support to grow and prosper. MPIDC has also played a key role in developing many industrial estates and parks in the state, which have further boosted industrial growth. If you are looking to set up an industry in Madhya Pradesh, or are already running one and need support, MPIDC can be a valuable resource for you.
What is MPIDC, Madhya Pradesh?
MPIDC is the Madhya Pradesh Industrial Development Corporation. It is a state-owned industrial development corporation in India. MPIDC was established in 2004 with the objective of promoting and developing industries in the state of Madhya Pradesh.
The corporation provides infrastructure and other support services to industries in the state. It also offers financial assistance to small and medium enterprises through its various schemes. MPIDC has played a significant role in the industrialization of Madhya Pradesh. The corporation has helped set up many large and medium industries in the state. It has also provided employment opportunities to thousands of people.
MPIDC Madhya Pradesh Key Work
The Madhya Pradesh Industrial Development Corporation (MPIDC) was established in 2004 with the objective of promoting and coordinating industrial development in the state of Madhya Pradesh. MPIDC is the nodal agency for implementing the industrial policy of the state government and is responsible for providing infrastructure and other support services to industries.
MPIDC has been playing a key role in the industrial development of Madhya Pradesh and has taken several initiatives to promote investment in the state. Some of MPIDC’s development plans include:
1. Establishing new industrial areas and estates: MPIDC has established 95 new industrial areas and estates across Madhya Pradesh since its inception. These estates provide basic infrastructure facilities such as roads, water, electricity, and gas to industries.
2. Developing sector-specific hubs: MPIDC has developed sector-specific hubs such as auto components, textile, agro-processing, etc. to attract investments in these sectors.
3. Setting up growth centers: MPIDC has set up growth centers in Indore and Jabalpur which are dedicated to providing support services to industries located in these cities.
4. Creating an investor-friendly environment: MPIDC has taken several steps to create an investor-friendly environment in Madhya Pradesh. These steps include streamlining
MPIDC Industrial Areas in Madhya Pradesh Developed by MPIDC
The Madhya Pradesh Industrial Development Corporation (MPIDC) was established in the year 2004 under the Companies Act, of 1956. The corporation is responsible for the development of industrial areas in the state of Madhya Pradesh.
Read – What is SIDC – State Industrial Development Corporation
The corporation has developed and developing approx 95 industrial areas in Madhya Pradesh which have been instrumental in the growth of industries in Madhya Pradesh. Some of the notable industrial areas developed by MPIDC include:
1. Pithampur Industrial Area: Located in the Dhar district, this area is one of the largest and most important industrial hubs in Madhya Pradesh. It houses many large and medium-scale industries across various sectors such as automobiles, engineering, pharmaceuticals, chemicals, etc.
2. Mandideep Industrial Area: Situated in the Raisen district, this area is known for its strength in the pharmaceutical and chemical industries. It also has a large number of food processing units.
3. Gwalior Industrial Area: This area is located in the Gwalior district and is home to a number of large-scale industries including those from the automobile, engineering, and electronics sectors.
4. Indore Industrial Area: This area is situated in the Indore district and comprises a number of small and medium-scale industries across various sectors such as textile, food processing, chemicals, etc.
5. Jabalpur Industrial Area: This area is located in Jabalpur district and comprises a mix of small, medium, and large-scale industries across various sectors such as
How to buy an Industrial Plot/Land in MPIDC
The Madhya Pradesh Industrial Development Corporation (MPIDC) is a state-level organization that provides financial and technical assistance to industries in the state of Madhya Pradesh, India.
If you are looking to buy an industrial plot in MPIDC, there are a few things you should keep in mind:
1. The first step is to identify an appropriate location for your industrial plot. MPIDC has developed various industrial areas across the state of Madhya Pradesh, so you will need to narrow down your search to a specific region.
2. Once you have identified a suitable location, the next step is to contact the relevant authority at MPIDC and obtain the necessary application forms.
3. After filling out the required paperwork, you will need to submit it along with the requisite fees to MPIDC.
4. Once your application has been processed, you will be allotted an industrial plot by MPIDC. You will then need to pay the required amount and obtain the title deed for the property.
Conclusion
MPIDC is a state level organization that was established with the objective of promoting industrialization in Madhya Pradesh. MPIDC provides various services to industries such as investment promotion, infrastructure development, and policy advocacy. This article has provided an overview of what MPIDC is and what it does. If you are looking to set up an industry in Madhya Pradesh, then MPIDC can be of great help to you.
