Madhya Pradesh Industrial Development Corporation (MPIDC) has applied for 9,000 acre along with the proposed Delhi-Mumbai Expressway to develop industrial areas.
The corporation has identified government land at potential locations along with the Delhi-Mumbai Expressway and has applied for transfer to the industry department from respective district administrations. To attract investments from industries, MPIDC is building land bank across districts.
Rohan Saxena, executive director MPIDC, Indore said, “We have applied for around 9,000 acre along with the proposed Delhi–Mumbai Expressway. The idea is to develop industrial areas near the proposed corridor. This area will emerge as an attractive destination for industries given the connectivity and location advantage.”
MPIDC has applied for land in Neemuch, Mandsaur, Ratlam and Jhabua districts.
There are seven exit points to the proposed Delhi–Mumbai Expressway in the state and the industry department is targeting to identify land parcels in these regions eyeing investments from industries.
The proposed Delhi–Mumbai Expressway in Madhya Pradesh will connect through Bhanpura, Garoth, Neemuch, Mandsaur, Jaora, Ratlam and Thandla.
According to MPIDC, they have already created a land bank of close to 5,000 acre along the Delhi–Mumbai Expressway. “Identification of land bank at potential location and survey as per the industrial needs is an ongoing activity of the industry department because the aim is to build industrial areas where industries get all desired infrastructure,” said an official from the industry department. Apart from the land parcels along the Expressway, MPIDC is also expanding land banks for undeveloped land parcels in the region.
In the financial year 2021-22, MPIDC added around 2,000 hectare undeveloped land bank in its kitty. The new addition of undeveloped land banks has come in Ratlam, Mandsaur, Neemuch, Dhar and Ujjain regions.
