Mumbai: Calling for investments in the state, Madhya Pradesh Chief Minister Shivraj Singh Chouhan on Thursday said it has potential to become the country's logistics hub on account of its strategic location.

"Madhya Pradesh is the heartland of the country. The state's geographic position is such that it can be a good logistics hub for distribution of goods for companies who plan set up their businesses here," Chouhan told reporters here.

A delegation, led by the Chief Minister, comprising Commerce and Industry Minister Kailash Vijayvargiya and senior government officials from Madhya Pradesh were in town to meet the industrialists.

"The state has recorded a GDP growth rate of 11.98 per cent last year, which is almost double than that of country's GDP. To sustain this growth rate, we need investments, not only to ensure increase in revenues for the state, but also employment opportunities," he said.

Chouhan said a policy has been framed so that investors get a single window clearance to set up their businesses.

"Besides this, availability of land and power is not an issue in Madhya Pradesh. We have enough undisputed land banks, which can be made available for setting up manufacturing facilities," he said.

He also said the Delhi-Mumbai Industrial Corridor (DMIC) which passes through the state gives it an advantage to attract investments.

"Besides DMIC, we are developing three industrial investment corridors, namely Bhopal-Indore, Bhopal-Bina and Jabalpur–Katni–Satna–Singrauli.

"We expect these initiatives will help us attract more and more investments. We are expecting investments in manufacturing, infotech, food processing, engineering, textile, tourism as well as the mining sector," Chouhan said.


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