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Commerce & Industries in Indore CIty

Industrial Area
 

Indore is the industrial capital of Madhya Pradesh. With a long and chequered history, Indore has been a major Indian city right from the pre-independence days. Once the seat of the great Holkar dynasty, Indore has had the advantage of being centrally located in the country, such that most places in central, western and north India are within reasonable reach. Added to this, the resource richness of the central Indian lands made Indore fertile ground for industrialization.

Indore has had a heady blend of old and new, with the bustling factories on one hand in Dewas, Pithampur, Sanwer Road and palace complexes on the other. One of the fast developing cities of central India, the state government has been pumping in a good deal of its finances into development here. Now State Government is deeply interested in the area of Communication and Information Technology. Indore has the proud to be the first private Telephone Exchange in the country and one of the City to have the private Internet Service Providers. Though Indore is coping the pace of IT, but on the other hand Indore is also attracting many Industries in other areas of business.

In the last decade, Pithampur, Indore and Dewas have performed as a dynamic industrial zone of Madhya Pradesh. Pithampur a well developed industrial area of about 20 kms. '' It has 107 large and medium and 1480 small scale industries. A large number of National and international repute companies are functioning in this area. Major automobile giants are Mitshubishi-Eicher, Kinetic Honda, Bajaj Tempo, Hindustan Motors and Larsen and Toubro 100%E.O.U. and other large industries in field of yarn manufacturing have grown very fast Indo Rama Syntex Ltd., Parasrampuria International Ltd. Girnar Fibers have grown very fast. Indo Rama Syntex Ltd., Parasrampuria International Ltd. Girnar Fibers Ltd., Jaideep Glass Works Ltd. Are already working while Ganpati Exports Ltd. Is under the process of putting up their Rs. 350 crores plant. The existing yarn units are continuously expanding their capacities. STI has also entered as a big unit recently. Besides this, approximate. Investment in textile sector is to be tuned 1000 crores. Pithampur Industrial chemicals, mini cement plants, mini steel plants, solvent extraction, soap and detergents, food processing, packaging and various support base industries. Apart from this, a Gem and Jewelry Park has also been proposed by our state Government where International giants will be setting up their units along with Indian counterparts to enrich the national economy.

In a new growth center Kheda huge investment has been proposed by big group of Industries like Bridgestone India. Some of them have even started building their plants. A large number of small scale engineering ancillaries, need based enterprises are also working in this prestigious industrial area. Globalization and liberalization policies of the Center and industrial policy of State government announced in 1994 have opened new potentials of industrialization in each and every block (Taluka). M.P Audhyogik Vikas Nigam Ltd., Indore has taken various prestigious projects of infrastructure development in and around Indore of which Electronic Complex, Ready Garments Complex, Software Complex etc. are some of the major ones. Indore is also known in the map of Asia as one of the largest producer of Pharmaceuticals like basic and bulk drugs formulations, tabulating, capsulling etc. There are more than 1000 small and big Pharmaceutical units like Syncom formulations pvt. ltd. located in and around Indore.

Dewas, which is about 32 Kms far from Indore is also a well developed industrial area, having 53 large and medium and 5145 small scale industries. Various Iron & steel foundries, leather industries, engineering and textile units are working in this area have gained a good name in the Industrial World. Steel Tubes of India Ltd., TATA Exports, Gajra Gears, S. Kumar's are some of the names which are well known. Indore has its own industrial area where a big number of large and medium and small scale industries are located. These are.--

Polo ground Industrial Area
Sanwer Road Industrial Area.
Laxmibai Nagar Industrial Area.
Electronics Complex at Pardeshipura
Readymade Garments Complex at Pardesipura
Rau Industrial Area.

Indore is known for its leather toys, and Maheshwar and Chanderi have some very interesting ornate sarees and brocades to offer. There is a lot of sari work coming out of Madhya Pradesh, and the Maheshwari sarees have particularly gained in popularity of late. Besides the fabrics, there is a variety of local carving crafts to choose from.
 


 


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