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MadhyaPradesh Business for Sale

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Madhya Pradesh is the second largest (10%) state in India and is commonly referred to as the "heart of India" because it is located at the center of the country. It borders the state of Uttar Pradesh, Chhattisgarh, Maharashtra, Gujrat and Rajasthan. Bhopal is the capital and the second largest city in the state. Indore is the largest city and the commercial capital of Madhya Pradesh. Other major cities include Gwalior, Jabalpur, Bhedaghat, Bhimbetk, Orchha,  Maheshwar, Mandu, Bhojpur, Pachmarhi,  Kanha and Ujjain.  With a nominal GDP of $4.5 billion Madhya Pradesh has the sixth lowest GDP in India. However, growth in the state has increased significantly in the recent years growing between 8% and 12% annually.

Madhya Pradesh is an agrarian state with 74% of its people involved in agriculture. The state is divided into six industrial clusters Indore, Bhopal, Jabalpur, Gwalior, Rewa and Sagar. The state is the third largest producer of cement (13% demand) and the third largest producer of Milk in India. Madhya Pradesh is rich in natural resources with fuels and agriculture and is slowly becoming a solar power hub and plans to generate 2.5 GW by 2017. The worlds largest Solar project with three units of 250 mega watt (MW) each is planned in Rewa district.

Indore and Gwalior have large industrial bases that include dairy, chemical, manufacturing, and textiles. Industrial areas surrounding Indore include Pithampur special economic zone which has large auto and auto-parts manufacturing. Indore also has a large number of software companies like IBM and several others. Jabalpur has a large defense establishment. Gwalior is slowly becoming a major cluster for Fast-moving consumer goods (FMCG).

Madya Pradesh has potential to become a major tourist destination in India. Key tourist destinations include temples of Khajuraho and Ujjain, Buddhist Monuments at Sanchi, Several national parks, Bazaars and Forts.


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