Madhya Pradesh Lays Foundation for Indore-Pithampur Economic Corridor

Madhya Pradesh Chief Minister Mohan Yadav spearheaded the foundation laying for the Indore-Pithampur economic corridor, aiming to attract Rs 1 lakh crore in investments. This ambitious project links with the Delhi-Mumbai Expressway, national highways, and other transport hubs to enhance logistics and industrial production.

During a ceremony in Nainod village, Yadav emphasized the corridor as a significant step toward the state's economic empowerment. The initiative includes developing 48 new industrial parks and six expressways, with projects amounting to over Rs 9 lakh crore already materialized under his government.

The economic corridor, costing approximately Rs 2,365 crore, features a 20-km road in its first phase, expecting to generate employment for six lakh people. Spanning approximately 1,316 hectares, the project will see controlled development, including industrial, commercial, and residential hubs.

(With inputs from agencies.)