Title: Madhya Pradesh: Means Business
1 Madhya Pradesh Means Business
Forest, Environment Herbal
2Overview
Overview
Madhya Pradesh (MP) State that means business
- MP is the second largest State in the Country
stretching over 308,000 sq kms. - The State is blessed with large mineral resources
of coal, diamond, limestone, methane etc. - MP is among the top 4 states of the Country for
industrial investments.
Economic Snapshot
Madhya Pradesh is emerging as a key growth center
for the Country
- Per capita GSDP USD 369
- Manufacturing sector USD 8.5 bn
- (Registered Unregistered)
- Gross state domestic product (GSDP) USD
23,983.63 Mn - Average growth rate 5.5 per annum
Advantage MP
Madhya Pradesh has one of the upcoming industrial
base in India
- The State is centrally located
- Investor friendly Government policies
- Total electricity generation capacity
6,449.25 MW - Indias first greenfield SEZ
Indore SEZ - Industrial Centers 8
Power
Electricity generation capacity at present is
6,449.25 MW and estimated to rise to a surplus in
2008-09
- MP is rich in low grade coal suitable for power
generation. - Potential of hydro-energy generation.
- Installed power capacity (MPs share)
- Hydel Power Generation 852.7 MW
- Thermal Power Generation 2,147.5 MW
Ministry of Power (powermin.nic.in)
Source Indiastat.com (as on 23 Feb 2006)
3Enabling Infrastructure
- The State is well connected with the rest of
India with almost 425 trains passing through the
State on a daily basis. Of these 175 trains pass
through the State capital Bhopal alone.
MP IS CENTRALLY LOCATED AND WELL CONNECTED WITH
ALL MAJOR CITIES IN INDIA
RAILWAY NETWORK
- 25 airstrips.
- Convenient air links from key Indian cities like
Delhi Mumbai to Bhopal, Jabalpur, Gwalior,
Indore and Khajuraho. - 5 operational airports.
- Indore airport has the capability of handling
international cargo. - An international airport proposed in Bhopal.
GWALIOR
KHAJURAHO
AIRPORTS
INDORE
BHOPAL
JABALPUR
- The total length of roads spanning MP is 67,600
kms. - National highways of 5,200 kms run through the
State. - 18 National highways including trunk routes of
Delhi-Mumbai, Delhi-Chennai, Delhi-Bangalore,
Delhi- Hyderabad. - The total length of State highways in the State
is 9,885 kms. - Convenient linkages to western ports i.e. Kandla
Port, Jawahar Nehru Port Trust.
ROAD NETWORK
Source Department of Road Transport Shipping
(morth.nic.in)
Source www.destinationmadhyapradesh.com
4Madhya Pradesh A Preferred Investment Destination
31 of the State under forest cover with a
largely unexploited species of rare, valuable
medicinal- herbal plants
Over 2,000 kms of roads being developed with
Private Partnership (BOT)
Offers diverse tourists destinations catering to
various segments of tourism such as religious
(Bhojpur), eco/ adventure (Panchmari), heritage
(Sanchi, Khajuraho) tourism etc.
Indias 1st operational Greenfield SEZ at Indore
Third largest producer of cement in India
Over 100 agricultural farms with an area of over
20,000 acres is available on lease to investor
Favourable climatic conditions for cotton and
over 40,000 power-looms are driving the textile
industry
Various blocks available for power, cement, iron
and steel units
Largest producer of pulses and oilseeds in the
Country (75 of soyabean production)
Over 18,000 technical graduates and 230,000
graduates add to workforce each year
12 blocks with reserves totalling 2,585 million
tons of coal has been identified
Over 144 BCM of coal bed methane reserves
available
Availability of coal and natural gas (G.A.I.L
pipeline) along with support from Government to
make investment in Thermal Power Plants lucrative
Source www.mpsidc.org Brochure MP Means
Business
5MP The Right Place with the Right Environment
Savings in Office Space Rates (A comparison of
rates in Central Business Districts)
DESTINATION MADHYA PRADESH
Fastest mover in overall performance among the
big States in the Country.
Fastest mover in agriculture
Fastest mover in infrastructure development.
Bhopal and Indore have substantial cost
advantages, even when compared to other Tier III
and IV cities.
Savings in Land Cost
Ranks 2nd in terms of governance.
(Estimated Values for Multi-product SEZs)
Ranks 3rd in terms of law order
Cost of skilled labour is USD 2.4/day vis-a-vis
USD 3.5 USD 4.0/day in metros
The cost of land is one of the lowest in the
Country. Even central hubs such as Indore and
Bhopal fare well against other cities in terms of
low land cost.
MP is centrally located. The State is at an easy
distance from all the key consumer markets in the
Country.
Fastest mover is the State where the rate of
improvement between 2003 2006 was greater than
that between 1991 2003
Source (Reference RK Swamy)
- Distances rounded off
Source India Today (September 06 Issue)
6Industrial Policy Catalyst for the Investments
- The Government of MP has devised an investor
friendly industrial policy, which is aimed at
achieving global competitiveness. The policy
emphasizes on industrial growth in the state
through adopting cluster approach, establishing
specialized infrastructure and offering
favourable incentives. - The main thrust of this policy is
- Establishment of a Madhya Pradesh Trade and
Investment Facilitation Corporation which would
take decisions about rationalization of taxes,
facilities of mega projects and other related
matters. - Enacting an Industrial Facilitation Act and to
change the rules of business with a view to make
single window system decisive and result
oriented. - Developing infrastructure for supporting the
identified industrial clusters - Reviving closed down/ sick industrial units by
granting special packages. - Attractive incentive schemes.
SPECIAL INCENTIVES
- Special package for Mega Projects on project
basis by apex level investment promotion
empowered committee headed by the Chief Minister. - Industrial investment promotion assistance 50
to 75 of commercial tax for 3-10 years - Concessional registration charges and stamp duty
exemption for Term Loans. - Interest subsidy on term loan for 5 years _at_ 3
to 5. - For thrust sector industries, 25 capital subsidy
would be provided limiting up to a maximum of USD
56,000 - Land on 75 concessive rate for Mega Projects
limited to USD 4.4 million. - Entry tax exemption for 5 years.
- 5 years electricity duty exemption on captive
power generation - 15 capital subsidy to SSI up to USD 33,000 in
backward areas - Infrastructure grant up to USD 0.22 million crore
for developing private sector industrial parks - Partial reimbursement for Project report, ISO
Certification, Patent and Technology Purchase cost
- CLUSTER APPROACH
- Indore Pharmaceutical, Textile, Food
Processing, IT, Auto Components - Bhopal Engineering, Biotechnology, Herbal, IT,
Food Processing - Jabalpur Garment, Mineral, Forest Herbal,
Food Processing - Gwalior Electronics, IT, FMCG, Engineering,
Food Processing - Rewa Refractories, Lime Stone, Forest Based
- Sagar Mineral Processing
Crystal IT Park Indore
Food Parks Mandsaur, Khargone, Chhindwara, Hoshagabad, Mandla and Bhind
Stone Park Katni
Herbal Park Rewa
Granite Park Chhatarpur
Life Sciences Project Bhopal
Apparel Park Indore (SEZ)
Gems Jewellery Park Indore
SPECIALIZED INFRASTRUCTURE
7Doing Business Made Easy Through MPAKVN
In a bid to build a competitive environment
industries and their ancillaries would be
promoted in clusters based on the availability of
raw materials, skilled labour and market
potential. Under this Industrial Policy through
Madhya Pradesh Audyogik Kendra Vikas Nigam Ltd
(MPAKVNs) scheme, the State Government, has
identified industrial clusters. Many of the
industrial giants have their establishments in
these areas, however 44 of developed area is
still untapped and open for investment.
Area Developed 2,262 Hectares Allotted 800
Hectares Units established 326 Major Groups JK,
Surya Roshini, Godrej, Grasim, Cadbury, Hotline,
Crompton Greaves Special Infrastructure ICD,
Food Park
Area Developed 273 Hectares Allotted 115
Hectares Units established 121 Major Groups
Birla, Jaypee Special Infrastructure Integrated
infrastructure development centres (IIDC)
Area Developed 790 Hectares Allotted 125
Hectares Units established 52 Major Groups
Raymond, Hindustan Petroleum, PBM, Ayur Special
Infrastructure Stone Park, Food Park
Area Developed 1,330 Hectares Allotted 618
Hectares Units established 286 Major GroupsHEG,
Crompton Greaves, PG, Godrej, Lupin, IFB, Oswal,
Nahar Special Infrastructure ICD, Food Park
BHOPAL AKVN
GWALIOR AKVN
JABALPUR AKVN
REWA AKVN
Area Developed 2,492 Hectares Allotted 1431
Hectares Units established 575 Major Groups
Tata, Ranbaxy, Eicher, Bridgestone, Hindustan
Motors, Kinetic, SRF, S Kumars, Gajra, Nicholas
Piramal, Indorama, IPCA, Bhilwara Special
Infrastructure SEZ, Crystal IT Park, Food Park,
Apparel Park
Malanpur, Malanpur Phase II, Banmore, Chainpura,
Siddhgawan, Pratappura
Total developed area 7,147 Hectares
Total allotted area 3,089 Hectares
Total units established 1,360
Growth centres 19
Rewa, Waidhan
INDORE AKVN
Mandideep, Pillukhedi, Mandideep Phase II
Borgaon, Maneri, Purena
Pithampur, Kheda, Dewas, Maksi, Megh Nagar
Source MPSIDC
8Forest, Environment Herbal
9Sector Profile Forests, Environment Herbal
MP Forest Capital of India
MP Forest Snapshot
Herbal Market Scenario
MP Herbal Potential
Concessions and Facilities for Herbal Industry
Investment Destination - Opportunities in Herbal
Investment Destination - Opportunities in Forest Environment
MP An Investment Destination
Way Forward
10MP Forest Capital of India
- Madhya Pradesh has a forest area of 94689.38 sq.
km which constitutes nearly 31 area of the
state. With a share of nearly 13 of the total
forest area of the country, MP has the largest
forest covered area among all the States in
India. - The state has a diverse range of forest. The four
key types are Tropical Moist, Tropical Dry,
Tropical Thorn, Subtropical broadleaved Hill
forest. - There are three key forest formations, namely
Teak Forest, Sal Forest and Miscellaneous
Forests. Further, Bamboo bearing areas are widely
distributed in the State. - Forest based industries are key contributor to
the States economy and provide employment to a
large part of the population. - In 2004-05 forests and logging contribute 2.1
to the State GDP. - The total growing stock (volume of timber / wood)
in MP is 50 mn cu. m valued worth USD 55.5 bn.
Forest Map of MP
Classification of MP land Mass
MP
Reserved 65.36
Protected 32.84
Unclassified 1.7
Forest 31
Non Forest 69
MP 9.38
Forests are valuable sources of various medicinal
herbs and aromatic plants and are sole source of
woody and non woody products such as timber,
gums and resins etc.
India 90.62
11MP Forests Snapshot
- MPs forest reserves are a rich source of Timber,
Fuel wood and Bamboo. They are also a key source
of minor forests products such as Tendu, Harra,
Sal Seed and Gums. - MP is the largest producer of Tendu leaves in the
country which is the key raw material used for
the production of Biddi. The average annual
production of Tendu Leaves in the state is around
2.5 mn standard bags. - MP accounts for nearly 25 of all the Tendu
Leaves produced in India
Production of Timber, Fuel wood and Bamboo
Lakh Cu M
Lakh nt
Key Forest Products Key Forest Products Key Forest Products
Woody Products Nationalised Minor Forest Products Non-Nationalised Minor Forest Products
Timber Small Timber Fuel Wood Bamboo Tendu Patta Sal Seeds Kullu Gum Harra, All other gums, Satawar, Kalmegh, Giloe, Achar, Arjun Bark, Aonla, Gudnar, Chiratia, Nagarmocha, Beheda, Bael, Bhilwa, Mahua, Van, Tulsi, (more than 155)
Revenue From Sale of Forest Products
US Mn
One standard bag of Tendu Leaves in Madhya
Pradesh means 1000 bundles of 50 leaves each.
12Herbal Market Scenario
- As per the estimates of the WHO, nearly 80 of
the worlds population depends on herbal medicine
for their primary health care requirements. - Global trade in medicinal plants is over USD 60bn
in 2004 with an annual growth rate of 15. - India is rapidly emerging as a key player for
supplying medicinal plants to the world. - Estimated total value of products from Ayurvedic
production in India is nearly USD 1 bn. - Exports of Ayurvedic medicines have reached a
value of USD 100 million a year. Of the total
exports, about 60 is crude herbs, 30 finished
product shipped abroad for direct sales to
consumers, and the remaining 10 is partially
prepared products to be finished in the foreign
countries. - The Ayurvedic industry in India is dominated by
around 30 companies. Key suppliers like Dabur,
Baidyanath, and Zandu, together contribute about
85 of India's domestic market. Charak
Pharmaceuticals, Vicco Laboratories, Emami Group,
Aimil Pharmaceuticals Ltd, Viswakeerthy Ayurvedic
Pharmacy etc are few of the well-known names in
this sector. - Of late, leading players in the FMCG segment like
the Hindustan Lever Limited (HLL) are increasing
their focus on Ayurveda. - Contract farming of medicinal plant species which
are in demand in the foreign market is seen as
the key growth driver of the domestic herbal
industry.
Global Demand of Medicinal Plant
USD 5 Tn
USD 60 bn
2050
2004
Source WHO Estimates
Break up of Ayurvedic Export Market
With demand of herbal products increasing
globally, the market presents substantial
business opportunities for herbal companies in
India.
13MP Herbal Potential
- With 11 Agro-climatic zones out of the total 16
in the country, MP is well suited for cultivation
of a large number of Medicinal and Aromatic
plants (MAPs). - The production of MAPs in the State in 2004-05
was 20,000 tonnes and is estimated to rise to
40,000 tonnes by the year 2009. - MPs share in the national production of MAPs was
6.25 in 2004-05 and is expected to rise to 8.63
till 2009. - 30 of the demand of Indian herbal industry is
met by the herbal collections centers of Madhya
Pradesh. - MP is the natural habitat for over 50 of the
herbs used in the pharmaceutical industry and is
the key source of raw material to various herbal
processing units across the country. The
Government is keen to develop MP as the key
processing center for herbal products.
Estimated Production Potential of key Medicinal
Plants
Tonnes
Increasing Annual Production of MAPs in MP
MPs Rising Share in National Production of MAPs
MT
14Concessions and Facilities for Herbal Industry
- To facilitate the development of herbal industry,
the Government of MP extends various concessions
and facilities to industries. - The key concessions offers are capital investment
subsidy, interest subsidy, concessional land
rates, industrial investment promotion assistance
and entry tax exemption etc. - Exemption from electricity duty for 5 years
- Exemption from stamp duty/registration charges
- New industries are exempted from paying entry tax
for five years from the date of first purchase of
raw material - Partial reimbursement of expenditure incurred on
quality certifications, ISO-9000, patent filing,
BIS etc by the industries in the state. - Units with fixed capital investment of USD 2.2
million and above would be treated as mega
projects. 5 to 20 acres of land would be allotted
to such units at a concessional rate of 25 of
the stipulated rate. Further all such mega
projects shall be eligible for special incentive
package on case to case basis - An industrial investment promotion assistance
equivalent to 50 amount of Commercial tax and
Central Sales Tax (excluding Commercial Tax on
the purchase of raw materials) deposited by the
unit in the preceding year, would be given to the
industry having fixed capital investment between
USD 0.2 million to USD 2.2 million for 3 years in
advanced district and for 5 year in backward
district. The rate of assistance is 75 for
investment above USD 2.2 million.
Capital Investment Subsidy Capital Investment Subsidy Capital Investment Subsidy
Category of district of subsidy on fixed Investment Upper limit of subsidy (USD)
Backward A 15 11,000
Backward B 15 22,000
Backward C 15 33,000
Special capital subsidy at 25. To a maximum of USD 0.02-0.05 as per category, if the investment is more than USD 0.11mn Special capital subsidy at 25. To a maximum of USD 0.02-0.05 as per category, if the investment is more than USD 0.11mn Special capital subsidy at 25. To a maximum of USD 0.02-0.05 as per category, if the investment is more than USD 0.11mn
Interest Subsidy Interest Subsidy Interest Subsidy Interest Subsidy
Category of district Duration (Years) Interest Subsidy Upper limit of subsidy (USD)
Backward A 5 3 22,000
Backward B 6 4 33,000
Backward C 7 5 44,000
No Industries Blocks 7 5 44,000
Industrial Investment Promotion Assistance Industrial Investment Promotion Assistance Industrial Investment Promotion Assistance
Category of district Minimum eligible fixed capital investment (USD) Duration (Years)
Advanced 5.5 million 3
Backward A 4.4 million 5
Backward B 3.3 million 7
Backward C 2.2 million 10
The Government is keen to harness the natural
riches of MP and is vigorously promoting the
development of herbal industry in the State.
15Investment Destination- Opportunities in Herbal
- MP is the key supplier of raw material to the
herbal industry across the country. While MP has
several success stories in the cultivation and
collection steps of the value chain substantial
opportunities now exist for entrepreneurs in the
post harvest process such as manufacturing/process
ing, quality testing as well etc. - To promote the growth and development of herbal
industries in the State, the Government of MP has
announced a special incentive package for the
herbal industry.
Special incentive Package for Herbal Industry
- Reimbursement of 50 of the total fees incurred
on hiring technical consultancy for getting GMP
certification. With an upper limit of USD 22,000
per project. - For participation in the international trade
fairs and exhibitions, entrepreneurs of herbal
industries will be given financial assistance of
50 on one half of the stall charges. - Registration fees charged by the importing
countries for import of herbal products will be
reimbursed up to a maximum of USD 1100 and air
fare to a maximum of USD 1100. - All concessions and facilities that are available
to industrial units in the backward districts
will also be extended to units located in the
developed and advanced district such as Indore
and Bhopal. - Relevant provisions of labour laws applicable in
Special Economic Zones will be applicable for
existing and upcoming herbal parks as well as the
herbal and Ayurvedic industries. - Stamp duty waiver for Herbal and Ayurvedic
industries in case of change in name,
collaboration, inclusion of partners,
reorganizations and for amendment in the lease
deed for the next 3 years and also for entering
into agreement with financial institutions for
getting financial assistance. - Small scale pharmaceutical industries will be
given priority under store purchase rules - Fast track clearances for setting up
pharmaceutical and herbal industries.
Viable Herbal Processing Industrial Opportunities in MP
Aloe Vera gel extraction and spray dried powder manufacturing units
Herbal extraction units
Fractional Distillation units for essential oil production and refining
Ayurvedic drug formulation units
Food and vegetable colours and dyes
Production of concrete and absolute from flowers
Primary processing centers for raw herbs
Isabgol dehusking units
Herbal cosmetics production units
Perfume production units
Expeller units for producing Bio-diesel and Neem oil
Key Drivers for Herbal Industry
Abundant availability of raw herbs
Abundant cultivable land available
Mass scale cultivation of large number of species already initiated
Land available for industrial operations at economic rates
Single window clearance system for drug license
Lack of competition in herbal processing
16Investment Destination- Opportunities in Forests
Environment
- Being the largest producer of Tendu leaves MP is
strategically the most suitable location in the
Country for manufacturing/ processing of tobacco
based products. The companies located in the
State can save substantial costs on raw material
and transportation by establishing processing
units for the production of Biddi and related
products. - The forests in the State are a key source of high
quality timber yielding variety of Teak and Sal
which forms the backbone of the furniture
industry. Companies can set up the furniture
units in the State and leverage following key
location advantages - 1) Proximity to raw material
- 2) Proximity to target markets
- 3) Proximity of ports for exporting products
- Given its vast forests landscape and scenic
vistas, eco-tourism and adventure tourism
opportunities are abound in MP. The State has
nine natural parks and 25 sanctuaries, which
present an immense potential for tourism and
hospitality industry to flourish. - Significant opportunities exists for the
development of handicraft industry specially for
the production of Bamboo based goods.
Opportunities for private participation are
immense as there is a high demand for handicrafts
products in the foreign countries as well as in
the domestic market. Further, companies can
leverage the availability of local inexpensive
labour with high skill sets in production of
various forests goods.
Madhya Pradesh is Strategically Placed for Forest
Based Products
Delhi (740 Kms)
Lucknow (680 Kms)
Jaipur (580 Kms)
Kanpur (600 Kms)
Ahmedabad (570 Kms)
Patna (910 Kms)
Kandla (933)
Kolkata, Haldia (1350 Kms)
Nagpur (350 Kms)
Mumbai, JNPT (780 Kms)
Bhubaneshwar (1200 Kms)
Pune (800 Kms)
Vishakapatnam (1310)
Hyderabad (840 Kms)
Chennai (1430 Kms)
Key Markets (Distance From Bhopal)
Bangalore (1400 Kms)
Key Ports (Distance From Bhopal)
Sanctuaries
The forests resources of MP provides immense
business opportunities for forests based product
manufacturing.
17Investment Destination- Opportunities in Forests
Environment
- Environment protection and conservation is one of
the key concerns of the State Government. All the
envisaged development plans in the state would
result in heightened commercial activities which
is likely to put severe stress on the State
environment. - Due to the rapid industrialization of the State,
the effluents discharge from the companies
specially chemicals pharmaceuticals, will be a
key environmental concern. - Per capita waste generation in major cities in MP
ranges from 0.20 Kg to 0.60 kg. The urban local
bodies spends between USD 11 to USD 33 per ton on
solid waste for collection, transportation,
treatment and disposal. - 60-70 of the total amount is spent on
collection, 20-30 on transportation and less
than 5 on final disposal. Most of the methods
used by the municipal corporation are
unscientific and lack safe disposal techniques. - The State Government is keen on implementing key
environmental protection plants Which includes
building up of collection stations for solid
waste. - Significant opportunities exists for the
commercial waste management companies in the
State both for solid waste management and also
for the effluent treatment plants.
Tobacco Industry
Timber Production
Paper Pulp
Eco-Tourism
Furniture Industry
Handicrafts
Bamboo products
Bio-diesel
Solid Waste Management
Recycled Goods Industry
Key Investment Opportunities
To utilize the large amount of waste land in the
State, the Government of MP has drawn up plans to
convert them into plantation center. Paper pulp
producing trees would be planted in next 5-7
years over one million hectares of waste
land. The opportunities for commercial paper
production in the state is pegged at USD 1.5-2 bn.
18Way Forward
- The Government is keen to develop MP as the key
processing center for herbal products. The
natural advantage of the State coupled with
government initiatives makes MP an ideal
destination for investment. - The success of Vindhya herbal has generated
ample confidence among the privates players to
invest in the business opportunities presented
by the herbal industry. - The key opportunities of investments are in
contract farming, contract collection centers,
herbal processing units, collaborative
manufacturing and setting up high quality testing
laboratories for testing medicinal plants and
products.
Success Story Vindhya Herbal
- In collaboration with the international FMCG
major Hindustan Lever Ltd , the Government of MP
has initiated efforts to promote the herbal
industries of the State. It has launched its
proprietary brand Vindhya Herbal to market
various herbal formulations that are being
produced in the state. All products are processed
employing current Good Manufacturing Practices.
Aonla Murabba Aonla Supari Aonla Powder Ashwagandha powder
Aonla Candy Aonla Aschar Aonla sherbut Amaltas powder
Arjun Powder Apamarg powder Bael Pulp Brahmi
Baichandi Bhringraj powder Bavachi Ayurvedic face packs
Banjira Baibidang Baheda Bach
Bijasar Bark powder Bija glass (Tumbler) Babul Pods Powder Bhui Aonla Powder
Chiroji ( Achar fruit) Dronpushpi powder Dhaora Gum Triphala
Gorakhmundi Giloy Gokharu Powder Gudmar powder
Gulbakavali ark Honey Hadjod powder Indrajau
Imli Kalmegh Karanj bark powder Jamun seed powder
Keoti Bark Konch powder Kamarkas Kulanjan
Maha Neem Bark Nirgundi Punarnava Mulethi
Palas Flower Rosha oil Shatawari pppowder Safed Musli powder
Senna Shankhpushpi powder Tulsi Cosmetic oil/ shampoo
Key Products Promoted under Vindhya Herbal Brand
Contract Farming
Collaborative Manufacturing
Setting Big Processing Units
Government 3-tier Strategy for Development of
Medical Aromatic Plants Industry
MP provides ample opportunities across the value
chain of Herbal Industry
19Way Forward
- MP has been successful in attracting several
large companies in the forest forest based
products segment. - By investing in the MP an investor can join the
club of companies such as Dabur, HLL, Baidyanath,
Lupin, ITC etc. This truly reflects upon the
bio-diversity of the state and the investor
confidence. - There are over 32 contract farming companies
operating in the state and this figure has been
rising substantially in the recent past. - The increased production of certain products is
the indicator of increased activity in the state.
For instance, the production of lac has increased
from 3,000 quintals in 2003 to 40,000 quintals in
2005. - There is also scope for teak and sal based
furniture business in the state. - The growth of the sector is likely to continue as
a result of increased demand for derived products
of forest produce.
Vijay Herbals Essential Oils Kasturi Herbal
Farm Sanwaria Herbal Farm Devika Herbal Omni
Pharmaceuticals Gewit Herbal EH
Join The Club
Key Investment Opportunities
Opportunity Key Locations
Teak Sal (Furniture factory) Chattarpur
Bamboo Balaghat
Jetropa -Bio-diesel Plantations
Opportunity Key Locations
Lac Processing Seoni Annupur
Honey Processing Sheopur Kalan
Wild MAPS Jabalpur Katni
Herbal
Forest Environment
MP is the land of opportunities for Forest
Forest Based Products
20Connecting Further
Forest Department MP
http//www.forest.mp.gov.in
Madhya Pradesh Minor Forest Produce Co-operative
Federation
www.mfpfederation.com
www.cedmapindia.com
Center for Entrepreneurship Development
Government of Madhya Pradesh
http//www.mpgovt.nic.in