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Tax sops for craft paper, textile, pharma units in Madhya Pradesh

The Madhya Pradesh government is leaving no stone unturned to facilitate investment assistance to various sectors

MP CM Shivraj Singh Chouhan
premium

MP CM Shivraj Singh

Sandeep Kumar Bhopal
The Madhya Pradesh government is leaving no stone unturned to facilitate investment assistance to various sectors.

In a recent meeting of the Cabinet Committee on Investment Promotion, led by Chairman and Chief Minister Shivraj Singh Chouhan, the government decided to give concessions in electricity rates and other facilities for four upcoming projects. These include those of Amrit Papers, Alembic Pharmaceuticals, Swaraj Suiting, and Maral Overseas. These units will invest more than Rs670 crore, giving jobs to 4,000 people.

Other than electricity subsidies and land banks, the state government has announced special packages for textile and large-scale garment units.

Amrit Papers