The Madhya Pradesh government plans to develop 27 new industrial parks for sectors like textiles, infotech tourism, and food processing among others at an investment of Rs 3,000 crore in a phased manner over the next five years.
According to the Madhya Pradesh Chief Minister Shivraj Singh Chouhan to develop industries in the state, his government has already identified a 25,600-hectare land bank.
His government has already drafted policies for these sectors, he said, adding that it had also changed policies to expedite industrial development in the state. One of the major initiatives in this area is a single-window clearance for projects, he said. On the forthcoming three-day Global Investors´ Summit scheduled for early this month, Chouhan said he expects participation from 28 countries and all the big domestic industrial houses.
Madhya Pradesh had held such summits in 2012 in which MoUs worth Rs 2,06,000 had been signed.
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