Indore is quickly becoming a viable growth zone for manufacturing with the establishment of new industrial estates in Kasarwardi, Jetapur, Budhi Barlai, and an expanded Pithampur zone, as investments of Rs 1,633 crore have recently been approved for these new locations by various companies.
These new zones, supported by the Madhya Pradesh Industrial Development Corporation (MPIDC) are anticipated to create as many as 14,400 jobs, effectively building on Indore's manufacturing presence.
Some of the investments will include a Rs300 crore project by OFB Tech Pvt Ltd for a footwear and bag manufacturing unit at the Pithampur Sector‑7, and a Rs 272 crore project from Ora Securities Pvt Ltd for a garment manufacturing unit in Budhi Barlai. Additionally, Ardee Engineering Ltd has also recently expanded its operations in Pithampur with an investment of Rs150 crore, no doubt this investment will enhance the district capability for engineering and industrial equipment manufacturing.
GSEC Waste Management Solutions will be investment Rs 45 crore for an industrial hazardous waste treatment and brick manufacturing unit as well as Client Tech Associates installing a Rs 29 crore water purifier plant in Jetapur-Palasia.
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Investments in Indore reflect a diverse range of industries including the textile, footwear, engineering, waste management, and water purification sectors. The investments has firmly positioned Indore as an industrial area in Central India. With the right facilitation from the government and the support of its regional advantages, Indore will continue to receive industrial interest as they create job opportunities, additional infrastructure and economic growth.
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