In a major investment push, Chief Minister Mohan Yadav announced on Wednesday that Madhya Pradesh will host an investor summit for the Nimar region, aiming to attract proposals for the Sukhpuri area of the Burhanpur industrial belt. The summit is part of the state's broader strategy to boost economic growth and industrial development.
Infrastructure and Policy Initiatives
To facilitate ease of business, a new access road will be constructed in the Rehta industrial area, improving logistics and convenience for businesses. The Chief Minister detailed several infrastructure and policy initiatives aimed at transforming Burhanpur into a prominent industrial hub. Land has been identified for industrial use, and policies are being implemented to support new enterprises.
MSME Sector Growth
During an interaction with industrialists, CM Yadav highlighted the significant growth in Burhanpur's MSME sector. The business turnover of the district has risen from Rs 436 crore in 2022-23 to approximately Rs 802 crore. He noted that the state has released the first installment of Rs 350 crore for the Nimbola industrial cluster.
Industry-Friendly Reforms
The government has introduced several industry-friendly changes, including the abolition of the tax on Yellow Lentils (Tuvar dal) and proposed tax relief for the local cotton industry. The Chief Minister stated, 'The State Merchant Welfare Board will be established at the district level to address local business grievances.' With 2026 designated as the 'Year of Farmer Welfare', special attention is being given to Burhanpur's banana growers.
