Chief Minister Mohan Yadav on Tuesday, December 10, laid the foundation stone for two industrial units in Mandsaur district, Madhya Pradesh. These units propose a combined investment of around 140 INR-Crore and promise to accelerate industrial growth.
Hariom Refinery, a manufacturer of soya products, is set to invest an estimated 132.8 INR-Crore for a state-of-the-art processing unit. Additionally, Mexican Agro Chemical Ltd committed around 7.15 INR-Crore to establish a super phosphate fertilizer facility. The CM also announced the development of two sprawling industrial parks in Semli Kankad and Basai, Mandsaur.
Also Read: India’s Industrial Landscape in FY 2023-24: A Zone-wise Analysis – Part 1 of 4
The first industrial park in Semli Kankad will span approximately 80.26 Hectares. The estimated cost for this project is 61.26 INR-Crore, and it expects to attract around 2,500 INR-Crore in investments from 100 units while creating 5,000 jobs. Furthermore, the second park, in Basai, will cover around 178.83 Hectares and cost 89 INR-Crore to develop. This larger park is poised to attract an estimated 4,000 INR-Crore in investments from 180 units, generating 8,000 employment opportunities.
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