Madhya Pradesh

Madhya Pradesh, ‘the Land of Diamonds’ is located in central India. The state is surrounded by Uttar Pradesh in North, Chhattisgarh in East, Maharashtra in South, Gujarat and Rajasthan in west. With around 25.11 per cent of the state’s area under forest cover, Madhya Pradesh has an enormous potential for drug, wood & agro-based commercial enterprises. Ideal soil & climatic conditions have made it a primary producer of coarse cereals, oilseeds & soybean in India GSDP of Madhya Pradesh grew at a Compound Annual Growth Rate (CAGR) of 17.00 per cent between FY12 and FY19. At current prices, the Gross State Domestic Product (GSDP) of Madhya Pradesh for 2019-20 stood at Rs 8.26 trillion (US$ 118.20 billion) Merchandise exports from Madhya Pradesh have increased from US$ 4.13 billion in 2014-15 to US$ 6.38 billion in 2018-19 and reached US$ 2.65 billion in 2019-20 (till September 2019). According to the Department for Promotion of Industry and Internal Trade (DPIIT), FDI inflows in Madhya Pradesh, from April 2000 to June 2019, totaled to US$ 1,433 million. 152 investment intentions worth Rs 12,604 crore (US$ 1.80 billion) were filed in the state during 2019 (till October 2019.

FACTFILE
Capital: Bhopal
Geographical Area (sq km): 308, 000
Literacy rate: 70.6 Per cent
State Language: Marathi, Hindi and English

Key Industries :
Content Credit: IBEF
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