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Madhya Pradesh: MPIDC develops second phase of Vikram Udyogpuri industrial area to attract investment

#Infrastructure News#India#Madhya Pradesh
Last Updated : 14th Jan, 2025
Synopsis

The Madhya Pradesh Industrial Development Corporation (MPIDC) has acquired over 400 hectares of private land to launch the second phase of the Vikram Udyogpuri industrial area in Ujjain, aimed at attracting more investments. With the first phase nearly at full capacity, MPIDC has started the process of acquiring land, and a detailed project report will be prepared soon. This project will be highlighted at the upcoming Investors' Summit 2025 in Bhopal. Already home to 58 industries, the industrial zone has attracted significant investments and aims to improve infrastructure with the installation of a 5.2 MLD common effluent treatment plant.

The Madhya Pradesh Industrial Development Corporation (MPIDC) has taken a significant step towards expanding the Vikram Udyogpuri industrial area in Ujjain by acquiring over 400 hectares of private land for its second phase. This expansion is expected to bring in fresh investments to the region. Currently, the first phase of Vikram Udyogpuri spans 458 hectares and is almost at full capacity. The process of acquiring the additional land has already begun, and a detailed project report will soon be prepared to initiate the development of Phase 2.


Vikram Udyogpuri has been one of the Madhya Pradesh government's flagship projects and is set to be prominently featured in the Investors' Summit 2025, which will take place in Bhopal in February. This summit will serve as a platform to showcase the industrial area's potential to a wider group of investors.

Rajesh Rathod, the executive director of MPIDC Ujjain, mentioned that they are moving ahead with the development of Phase 2 due to the high demand for industrial space. The existing area is nearly fully occupied, and there has been a surge in investment proposals from various industries. He further stated that the demand for space is significant, prompting the need for an expansion.

Currently, around 58 industries have secured land in Vikram Udyogpuri, with over 15 of them already in the trial and production phase. These industries have proposed investments totaling over INR 5000 crore. In addition, MPIDC has received nearly 200 investment proposals from industries looking to acquire approximately 121 hectares of land in the area.

Some of the notable companies that have secured space in Vikram Udyogpuri include PepsiCo India, Amul, Ashirvad Pipes, Symbiotic Life, Karnataka Antibiotics, Yashoda Linen, and Srinivas Pharma. This influx of major industry players indicates the growing appeal of the region for businesses.

The industry department is also working to improve the industrial area's infrastructure and amenities. A key development is the installation of a 5.2 MLD common effluent treatment plant (CEPT), which was set up at a cost of over INR 24 crore. The plant is designed to handle the effluents generated by industries in the zone, with an estimated effluent generation of 3-4 MLD.

The expansion of Vikram Udyogpuri's industrial area, with the addition of Phase 2, will not only accommodate growing industrial demand but also serve as a catalyst for further investments in Madhya Pradesh. The project's success so far, with a significant number of industries already operating and several others in the pipeline, signals the region's potential as a business hub. The government's efforts to upgrade infrastructure, particularly with the installation of the effluent treatment plant, will help ensure the sustainability of the industrial ecosystem. The upcoming Investors' Summit 2025 in Bhopal will play a key role in showcasing the opportunities at Vikram Udyogpuri to potential investors.

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