India: Madhya Pradesh will use geographical information system (GIS) for allocating land to state industries. Chief minister Shivraj Singh Chouhan is likely to make an announcement in this regard on Wednesday during his address to the investors during the Make in India week. The government will mainly focus on four sectors while showcasing the state to more than 500 investors who have registered for Madhya Pradesh investor seminar on the penultimate day of Make in India week in Mumbai.
In 2014, MP became the first state to formulate a defence products investment policy in the country. Anil Ambani owned Reliance Land Systems Limited will establish a defence park at a cost of Rs 3,000 crore at SEZ Pithampur. In January this year, the government had also announced to provide a subsidy of Rs 161.5 crore under industrial promotion policy for this project of Reliance group.
Madhya Pradesh has become the first state in the country where production units of solar-panel, as well as wind rotors, are being set up with an investment of Rs 1,100 crore. These include investments by Suzlon group (Rs 500 crore), Inox Wind (Rs 300 crore) and Indore-based Ujaas Energy Limited (Rs 300 crore). The production is likely to start in the next three years.