Madhya Pradesh is a major Pharmaceuticals hub in the country with presence of key national and international companies of this sector. More than 1 lakh people in the state are employed in pharma sector
MP has policies catering to all needs of pharmaceuticals sector
Pharmaceutical products are being exported to 217 countries from the state
Presence of 8 Bulk Drugs , 31 Formulations, 4 Large Volume Parenteral WHO-GMP Compliant Units
Pharma Clusters: Indore, Dewas, Bhopal, Mandideep. Pithampur SEZ is India’s leading manufacturing hub
Online grant of license and GMP, GLP, Non-Convection, Market standing, Performance, Free sale certificate
More than 110 institutes providing degrees / diplomas in Pharma
Customized package is offered for Investment above INR 100 Cr under Mega Projects.
MP provides rebate on land premium depending on the land size requirement for MPIDC developed industrial areas;
Up-to 1 Hectare – 75% Rebate
1 – 20 Hectare – 50% Rebate
Above 20 Hectare – NIL
Rebate is also offered if undeveloped land parcel is leased from MPIDC - Maximum up-to 40 Hectare - 50% Rebate on land premium. 50% rebate will be offered upto a fixed land size based on investment categories given as follows -
INR 10-100 Crore - Upto 10 Hectare
INR 100-500 Crore - Upto 20 Hectare
INR 500 Crore and above - Upto 40 Hectare
Fixed Capital Rebate
Investment Promotion Assistance (IPA): A tax delinked investment assistance is offered to large scale industries ranging from 40% to 10% of investment in plant and machinery with minimum investment of INR 10 Crore. Basic Investment Promotion Assistance is divided by 7 (years) which is further multiplied by following multiples to arrive at Annual Yearly Investment Assistance
Employment generation (100-2500 employees): 1.0–1.5 times
Benefits to Export oriented units (25% - 100%): 1.0–1.2 times
Benefits to industries setting up in Priority Block: 1.2. times
Industries availing incentives in MP will know beforehand the total exact amount of IPA assistance they will receive based on their plan for employment, investment, export and the location that they choose for investment. IPA will be disbursed in 7 annual installments
Infrastructure development subsidy @50% with a maximum limit of INR 1.00 Cr each for Water/ Electricity/ Roads for Private/Undeveloped Govt. Land.
Slack period
Investments made upto 2 years from date of commercial production shall be eligible for Investment Promotion Assistance.
SGST Reimbursement
MP has a tax-delinked policy. Investor can demand for Tax incentives under customized package for Mega projects with an investment more than INR 100 Crore
Skill Development/ Training Incentive
Incentives to provide employment to person with Disabilities (minimum 5% of Total workforce)
100% reimbursement of skill development
Employees PF/ESI assistance: Reimbursement of employee’s contribution- maximum Rs. 6000/- per month for 5 years
Medical insurance premium reimbursement
Interest Cost Subvention
Investor can demand interest cost subvention under customized package for mega projects with an investment more than INR 100 Crore
Power Tariff Rebate
Tariff Rebate on new HT connection @Rs. 1/- per unit for a period of 5 years for green field projects
Electricity Duty Rebate
Investor can demand for electricity duty exemption under customized package for mega projects with an investment more than INR 100 Crore