02-06-2012, 02:08 PM
Madhya Pradesh: Means Business -Forest, Environment & Herbal
Madhya Pradesh Means Business.ppt (Size: 2.99 MB / Downloads: 114)
Madhya Pradesh (MP) – State that means business
MP is the second largest State in the Country stretching over 308,000 sq kms.
The State is blessed with large mineral resources of coal, diamond, limestone, methane etc.
MP is among the top 4 states of the Country for industrial investments.
Madhya Pradesh is emerging as a key growth center for the Country
Gross state domestic product (GSDP) USD 23,983.63 Mn*
Average growth rate 5.5% per annum
Per capita GSDP USD 369*
Manufacturing sector USD 8.5 bn*
(Registered & Unregistered)
Industrial Policy: Catalyst for the Investments
The Government of MP has devised an investor friendly industrial policy, which is aimed at achieving global competitiveness. The policy emphasizes on industrial growth in the state through adopting cluster approach, establishing specialized infrastructure and offering favourable incentives.
The main thrust of this policy is:
Establishment of a Madhya Pradesh Trade and Investment Facilitation Corporation which would take decisions about rationalization of taxes, facilities of mega projects and other related matters.
Enacting an Industrial Facilitation Act and to change the rules of business with a view to make single window system decisive and result oriented.
Developing infrastructure for supporting the identified industrial clusters
Reviving closed down/ sick industrial units by granting special packages.
Attractive incentive schemes.
MP: Forest Capital of India
Madhya Pradesh has a forest area of 94689.38 sq. km which constitutes nearly 31% area of the state. With a share of nearly 13% of the total forest area of the country, MP has the largest forest covered area among all the States in India.
The state has a diverse range of forest. The four key types are Tropical Moist, Tropical Dry, Tropical Thorn, Subtropical broadleaved Hill forest.
There are three key forest formations, namely Teak Forest, Sal Forest and Miscellaneous Forests. Further, Bamboo bearing areas are widely distributed in the State.
Forest based industries are key contributor to the State’s economy and provide employment to a large part of the population.
In 2004-05 forests and logging contribute 2.1% to the State GDP.
The total growing stock (volume of timber / wood) in MP is 50 mn cu. m valued worth USD 55.5 bn.
Herbal Market Scenario
As per the estimates of the WHO, nearly 80% of the world’s population depends on herbal medicine for their primary health care requirements.
Global trade in medicinal plants is over USD 60bn in 2004 with an annual growth rate of 15%.
India is rapidly emerging as a key player for supplying medicinal plants to the world.
Estimated total value of products from Ayurvedic production in India is nearly USD 1 bn.
Exports of Ayurvedic medicines have reached a value of USD 100 million a year. Of the total exports, about 60% is crude herbs, 30% finished product shipped abroad for direct sales to consumers, and the remaining 10% is partially prepared products to be finished in the foreign countries.
The Ayurvedic industry in India is dominated by around 30 companies. Key suppliers like Dabur, Baidyanath, and Zandu, together contribute about 85% of India's domestic market. Charak Pharmaceuticals, Vicco Laboratories, Emami Group, Aimil Pharmaceuticals Ltd, Viswakeerthy Ayurvedic Pharmacy etc are few of the well-known names in this sector.
Of late, leading players in the FMCG segment like the Hindustan Lever Limited (HLL) are increasing their focus on Ayurveda.
Contract farming of medicinal plant species which are in demand in the foreign market