The Madhya Pradesh Industrial Development Corporation (MPIDC) regional office in Indore has received investment proposals exceeding Rs 200 crore for the establishment of textile and garment industries in Jhanjharwada, Neemuch.

Out of the total proposals 20 per cent contribution is from Rajasthan-based firms.

The overwhelming response has prompted industry department to plan expansion of industrial belts located near border areas.

Rajesh Rathod, Executive Director, MPIDC, Indore said, “Recently we have received encouraging investment proposals from textile and garment units of Rajasthan. Many of them have expressed desire to either shift units or plan an expansion in MP. We have seen a rise in demand for land from industries in areas closer to borders. Considering this, we are building up land banks and expanding industrial areas.”

Madhya Pradesh's industrial landscape witnessed significant growth over the past four years, with the state government sanctioning 28 new industrial areas encompassing diverse sectors.