Essay About Madhya Pradesh And Intra-State Air Taxi

Invest in Madhya Pradesh, India
Madhya PradeshThe factors which show promising prospects for investing in Madhya Pradesh are-Strategic Location-Air ConnectivityDirect flights to key cities like Delhi, Mumbai, Bangalore, Ahmedabad, Hyderabad & KolkataThe tourists centres are accessible in a convenient manner due to an intra-state Air taxi – Air VenturaRoad ConnectivityA road network spanning 4670kms of National HighwaysState Highways which are 10,249 km longNorth-South and East-West corridors which passes through MPConnectivity to PortsConvenient access to major ports such as Kandla Port, Jawaharlal Nehru Port TrustTrain Connectivity425 trains passing through Madhya Pradesh daily makes it an easily accessible location220 trains pass through the state capital Bhopal aloneStrong Resource BaseMP is the only diamond producer state in India which gives it an edge when compared to the othersIndias largest opencast copper mine is at Malajkhand, Balaghat. India’s copper demand comes from the telecom sector and 26 per cent from the electrical sector in India. This promises a huge investment opportunity for the sector.In addition, the building and construction, engineering, transport and consumer durables sectors are major consumers of copper in IndiaThickest coal seam (135m) of Asia at Singrauli coalfield is present in MP4th largest cement producing state in India, producing 14% cement of the countryLeading producer of manganese, Dolomite, Rock-phosphate, glass sandMajor producer of coal, limestone, copper, diaspore and pyrophylliteInfra structure SupportWater56,857 MCM water available from 10 main rivers for irrigation of 6.974 million hectare of landApprox. 900 MCM water of Narmada river reserved for industrial use in MPThe presence of abundant water for water-based industries is an added advantageLandSecond state in India to provide land for mega projects at 75% discountLand Bank of over 25,000 hectare available for investment Large tracts of land available in Madhya Pradesh at very competitive rates PowerMP boasts of a power surplus state with an installed capacity of 14,000 MWAverage power rate is INR 5.9 per unit for HT users24 hours HT power available to industries for undisrupted workMP is home to single largest solar voltaic unit in India at Neemuch with a power capacity of 130 MWInitiative taken for easing out BusinessThe steps like single point of submission for requisite clearances from 5 departments through a Combined Application Form has been set up for ease of investingWeb-enabled Single Window System for investment facilitationEasy investment facilitation through Madhya Pradesh Trade & Investment Facilitation Corporation Limited (MPTRIFAC)Business Friendly PolicyThe most competitive incentive package in India for investments inmanufacturingThe most competitive incentives for investing in the IT/ITeS sectorCustomized packages for auto projects with an investment layout of INR 5 billion and aboveOnly state in India to extend incentives for mother units to vendor unitsFirst state in India to introduce incentives for skill development for development from grassroots levels Past Records are the reflection of Future growth9% CAGR in GSDP of Madhya Pradesh (2005-2013)7% CAGR in the agriculture sector (2005-2013)9% CAGR in the industrial sector (2005-2013)10% CAGR in the service sector (2005-2013)