Located at the heart of the country, Madhya Pradesh rejoices its central positioning in order to become a major trade corridor. The operational cost for doing businesses in Madhya Pradesh is 30% less as compared to other states. Madhya Pradesh houses 5 OEMs and more than 100 auto component manufacturing facilities, the market size of which is approximately US$306 million.
Additionally, IT major Infosys has recently signed an MoU with Madhya Pradesh Government to invest Rs. 600 crore on its proposed unit in Indore. The country’s first greenfield SEZ set up is in Indore which apparently was an achievement for the State Government.