The Madhya Pradesh Cabinet has approved the formation of a state-owned company to develop an industrial corridor connecting Jabalpur, Bhopal and Indore, with an initial capital allocation of ₹100 crore. The project aims to attract fresh industrial investment, develop dedicated industrial hubs and expand employment opportunities across the state.
Chief Minister Mohan Yadav announced the decision on October 15, stating that the company would be established through the state’s Industries Department. He will chair its governing council to facilitate coordination among departments and expedite project implementation.
The corridor is planned as an integrated industrial and economic development initiative rather than a road infrastructure project alone. In the first phase, the government plans to develop between 3,000 and 10,000 acres of land for industrial activity.
The state estimates that the corridor could attract investment exceeding ₹1 lakh crore by March 2028, generating approximately one lakh direct jobs and two lakh indirect employment opportunities. Over the next three years, the broader target is to draw more than ₹3 lakh crore in investment and create over six lakh employment opportunities.
Industrial development will be aligned with the economic strengths of the regions along the corridor. Jabalpur and its surrounding areas are expected to benefit from engineering, manufacturing and logistics activities. Narsinghpur and Raisen have potential for food processing and warehousing, while Bhopal is being positioned to attract investment in information technology and other technology-driven sectors.
The government also intends to strengthen industrial activity around Dewas, Sehore, Ujjain and Indore, supporting more balanced economic growth across Mahakaushal, Malwa and central Madhya Pradesh.
Roads, electricity, water supply and aviation connectivity are among the existing infrastructure assets expected to support industrial expansion. The proposed corridor is intended to build on these facilities to attract investors, establish new industrial units and improve market access for regional businesses.
The project forms part of Madhya Pradesh’s broader strategy to expand its industrial base, attract private investment and generate employment beyond its established economic centres. The investment and job creation figures remain government projections for the proposed development.