Industrial area in MP Chitakheda: The Madhya Pradesh Industrial Development Corporation (MPIDC) is taking significant steps to stimulate economic growth in the Neemuch district, especially in Chitakheda, with the development of a new industrial area. This initiative comes in response to increasing interest from textile and apparel companies—many of which are already operating in or planning to invest in the region. industrial area in MP Chitakheda.
Develop industrial area in MP Chitakheda
Key Highlights:
- Chitakheda Industrial Area: MPIDC is planning the development of a new industrial district in Chitakheda to accommodate the surge in demand for industrial land. The required land has already been secured, and planning is underway.
- Investment Boom:
- Two major textile companies have announced combined investments of Rs. 800 crore (approx. US $94 million).
- Swaraj Suitings Pvt. Ltd. from Bhilwara launched its first phase with an investment of Rs. 150 crore (approx. US $17.63 million), creating around 750 direct jobs. The total project is valued at Rs. 450 crore.
- Suvidhi Rayons Pvt. Ltd. is investing Rs. 350 crore (approx. US $41.13 million) in Morvan, Jawad, expected to generate 2,000 direct jobs.
- Expansion Beyond Textiles:
- According to MPIDC Executive Director Rajesh Rathod, Neemuch’s industrial growth isn’t limited to textiles. The Jhanjharwada industrial sector already houses fully occupied units, contributing over 8,000 jobs.
- Wider Industrial Support:
- In FY 2024–2025, 1,070+ industrial units received land allotment letters.
- 330+ units participated in inauguration or foundation stone-laying ceremonies.
- MPIDC has facilitated financial support worth Rs. 5,262 crore (approx. US $618 million) to various industries.
This initiative is expected to transform Chitakheda and Neemuch into a thriving industrial hub, drawing significant investments and creating thousands of jobs—particularly in textile and apparel manufacturing. It’s a strategic move that aligns with Madhya Pradesh’s broader vision of becoming a top industrial destination in India.
