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Time of India
02-07-2025
- Business
- Time of India
Over Rs700 crore infra work to begin at PM Mitra Park in Dhar
Indore: Infrastructure work amounting to more than Rs 700 crore will be carried out at PM Mega Integrated Textile and Apparel Park (PM MITRA) in Dhar, one of the seven textile parks being set up in the country under the Centre's scheme to promote textile manufacturing in the country. The first phase of the PM MITRA Park will be developed on 2,158 acre of land in Dhar district at a cost of over Rs 2,050 crore. The master developer of the project, Madhya Pradesh Industrial Development Corporation, has floated the tender. "The work for internal infrastructure at the park will start soon. The internal work will include roads, drainage, electric poles, and all infrastructure-related work. The tenders were issued on June 30, 2025," said MPIDC Ujjain executive director Rajesh Rathod. The tenders floated were worth Rs 773 crore for the first phase of the PM MITRA Park development. MPIDC has so far received investment proposals amounting to Rs 12,000 crore from 47 industries for PM MITRA. PM MITRA Parks are being developed in Tamil Nadu, Telangana, Gujarat, Karnataka, Madhya Pradesh, Uttar Pradesh, and Maharashtra. These parks have secured approval with an allocation of Rs 4,445 crore for a seven-year duration, extending until 2027-28. The master developer of the project also plans to establish more than 800 plug-and-play facilities for the garment industry. The industrial precinct shall feature residential plots, officer quarters, women's worker hostels, worker hostels, and accommodation for unskilled workers.
Time of India
23-06-2025
- Business
- Time of India
MSME units to showcase local products at RISE conclave
Indore: Micro, Small and Medium Enterprises (MSME) will display locally manufactured machinery, components, and various products at the RISE (Regional Industry, Skill, and Employment) conclave in Ratlam to secure business and connect with potential buyers. Trade associations and industries from Ratlam and nearby areas are taking up spaces to set up stalls at the conclave on June 27. "The idea is to make industries and investors familiar with what local industries manufacture and showcase their strengths. These stalls will have a display of locally made products and will give an opportunity for buyers and sellers to connect," said Rajesh Rathod, Executive Director of the Madhya Pradesh Industrial Development Corporation (MPIDC), Ujjain. The conclave will host three essential technical sessions focusing on MSME growth, skill development, and investment policies. These sessions aim to address crucial aspects of industrial development and employment generation in the region. The MSME department will host a session on 'Raising and Accelerating MSME Performance.' The second session will be on 'Technical Education, Skill Development, and Employment Department, Skill Development,' and the third session is on 'Investment Policies and Ease of Doing Business. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Descoberta surpreendente ajuda a drenar o fluido do inchaço nas pernas aartedoherbalismo Undo ' Govt departments will set up dedicated pavilions to provide information about various schemes and initiatives beneficial for entrepreneurs. Officials will be present to guide visitors through the application processes and eligibility criteria for different programmes. The chief minister Mohan Yadav will perform the groundbreaking and inauguration of more than 35 industrial areas, clusters, and buildings with an investment of over Rs 350 crore. Additionally, the chief minister will initiate projects worth Rs 1,500 crore, marking a significant boost to the region's industrial landscape. The administration plans to distribute land allocation certificates to 500 enterprises during the event. "The conclave is expected to generate substantial business opportunities and foster connections between manufacturers and potential buyers," said Rathod.
Time of India
17-06-2025
- Business
- Time of India
Industries department to showcase land, ODOP & GI products at RISE conclave
Indore: The industries department is planning to showcase potential land parcels, industrial belts and products falling under the One District One Product (ODOP) and Geographical Indication (GI)-tagged items list to industries and investors in the state govt's RISE (Regional Industry, Skill, and Employment) conclave happening in Ratlam in June. The industries department aims to attract investments on the 900-hectare land in Ratlam Investment Region, apart from other industrial belts in the conclave, to be organised on June 27 in Ratlam on the theme 'Successful Entrepreneur, Prosperous Industry, Inclusive Development'. The state govt plans to sign Memorandums of Understanding (MoU) with National Payments Corporation of India (NPCI), Open Network for Digital Commerce (ONDC) and Walmart during the conclave. Rajesh Rathod, executive director of the Madhya Pradesh Industrial Development Corporation (MPIDC) in Ujjain said, "The objective of the conclave is to focus on improving skill and increasing employment opportunities in the region by attracting investments from industries. We will showcase the Ratlam Investment Region to investors. There is around 900 hectares of allottable land in the region which will be offered to industries. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like What She Did Mid-Air Left Passengers Speechless medalmerit Learn More Undo " Rathod said the ODOP products will also be highlighted in the conclave with an aim to enhance the reach of local products. An exhibition with over 100 stalls will also be organised at the conclave. Around 3,000 participants from various sectors, including textile, renewable energy, manufacturing, infrastructure and food processing, among others, are expected to attend the conclave. During the conclave, the chief minister will inaugurate and lay the foundation stones for more than 50 industrial units and clusters, while 28 MSME units will be inaugurated.
Time of India
27-05-2025
- Business
- Time of India
1775-seat working women hostel in Pithampur soon
Indore: As a part of the recently approved working women hostels in industrial areas of Madhya Pradesh, a 1775-seat hostel is planned at Pithampur industrial area, one of the state's largest industrial areas, at an outlay of Rs 76.5 crore. The Union govt has also approved a special assistance loan of Rs 284 crore for this project. In addition to Pithampur, another hostel with 1,554 seats is planned in Vikram Udyogpuri industrial area of Ujjain, backed by a budget of Rs 66.4 crore. Rajesh Rathod, executive director of the Madhya Pradesh Industrial Development Corporation (MPIDC) said, "We are committed to providing a safe and supportive environment for working women in industrial areas. The facilities in Pithampur, Ujjain, Raisen, Bhind and other areas will be developed to ensure that women can work in these areas without worrying about their accommodation. Industrial areas having textile and garment industry are among the ones that will be immensely benefited because they have a maximum number of women employees. " The accommodation facility in Mandideep industrial area of Raisen district will have 776 seats, with an estimated cost of Rs 77.4 crore. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Giao dịch vàng CFDs với mức chênh lệch giá thấp nhất IC Markets Đăng ký Undo Other projects include a 50-seat hostel in Jhabua at a cost of Rs 6.63 crore and 100-seat hostels in Singrauli, Dewas and Narmadapuram, with budgets of Rs 12.8 crore, Rs 10.3 crore and Rs 10.8 crore, respectively. Additionally, a 666-seat facility is planned for Malanpur industrial area in Bhind, with an outlay of Rs 23.16 crore. "We are planning to float the tenders for hostel construction soon. The approval from the centre has already come and construction work will start soon," said Rathod. Of the approved eight hostels, facilities at Pithampur, Ujjain, Raisen and Bhind will be developed by the Department of Industrial Policy and Investment, and the rest by the Women and Child Development Department in Jhabua, Singrauli, Dewas and Narmadapuram. The approval for the construction of working women hostels in industrial belts came in the special state cabinet meeting held at Indore's historic Rajwada Palace recently. To be built with central assistance under the 'Special assistance to states for capital investment 2024-25' scheme, the hostels will be equipped with modern amenities like parking, lifts, food courts and recreational spaces.
Time of India
12-05-2025
- Business
- Time of India
Solar, chemical industries propose investment in Ujjain
Indore: A industry and a chemical unit intend to invest in Ujjain, according to the Madhya Pradesh Industrial Development Corporation (MPIDC). These units have proposed to set up manufacturing facilities at the upcoming industrial area in Kachnariya village in Tarana tehsil in is developing a new industrial area in Kachnariya. Tired of too many ads? go ad free now The corporation procured the transfer of approximately 177 hectares in Kachnariya to facilitate the development of the industrial area. Rajesh Rathod, executive director of Madhya Pradesh Industrial Development Corporation (MPIDC) in Ujjain, said, "We are developing a new industrial area in Kachnariya on about 177 hectares. The infrastructure development and proximity to the airport recently attracted many investors to Ujjain. For Kachnariya, we received applications from two industries engaged in the manufacturing of solar equipment, and another is a chemical unit."The industries department is pinning hopes on textile, food processing, pharmaceuticals, packaging, and other sectors to attract investment in Ujjain. The industries department is adding to the land bank across Dhar, Maksi, Agar-Malwa, Neemuch, and other potential locations in the state to attract substantial investments from is looking to expand its water supply capacity in the industrial areas amid an increase in the number of industries in the region. The estimated additional demand for water is somewhere around 8-10 MLD. Recently, three food processing units and a textile firm submitted their intention to invest and set up plants in the Ujjain district. These four industries collectively proposed to invest close to Rs 2,963 crore and create 13,150 jobs.
