Madhya Pradesh’s Industrial Policy 2025 aims to create 2 million jobs over five years through robust investment and skill development initiatives. The state’s MP Rise 2025 Conclave secured ₹30,402 crore in investment proposals, promising 35,520 jobs, while McCain Foods’ ₹3,800 crore project will generate 6,300 jobs, bolstering industrial growth and employment.
Madhya Pradesh’s Ambitious Industrial Push for 2025
Madhya Pradesh is poised to transform its economic landscape with the Industrial Policy 2025, a strategic initiative designed to generate 2 million jobs over the next five years. Launched under the leadership of Chief Minister Dr. Mohan Yadav, the policy emphasizes industrial growth, skill development, and employment generation to position the state as a hub for investment and innovation.
The state government has already made significant strides. The MP Rise 2025 Conclave, held in Ratlam on June 27, 2025, marked a pivotal moment, securing investment proposals worth ₹30,402 crore. These proposals are expected to create 35,520 new jobs across various sectors, with a focus on Micro, Small, and Medium Enterprises (MSMEs). The event, organized by the Department of Industrial Policy and Investment Promotion, attracted over 2,500 participants, including entrepreneurs, investors, and bankers, highlighting the state’s commitment to fostering an investor-friendly ecosystem.
A major highlight is the ₹3,800 crore investment by McCain Foods, a global leader in frozen food products. This project is set to create 6,300 direct and indirect jobs, primarily in the food processing sector, further strengthening Madhya Pradesh’s industrial base. Chief Minister Yadav emphasized that 2025, dubbed the “Industry and Employment Year,” will focus on providing land and policy support to investors to ensure seamless establishment of industrial units.
The policy also integrates skill development to address the state’s employment challenges. The MP Rise 2025 Conclave included technical sessions on investment policies, ease of doing business, and skill enhancement, aiming to align the workforce with industry demands. This is particularly critical given India’s broader skill mismatch, where 88% of the workforce remains in low-competency roles, as noted in a recent report by the Institute for Competitiveness. Madhya Pradesh’s focus on skill development seeks to bridge this gap, particularly in regions like Ratlam, which is transitioning from traditional industries like textiles and gold to skill-driven sectors.
The state’s efforts are complemented by national initiatives like the Employment Linked Incentive (ELI) Scheme, approved by the Union Cabinet on July 1, 2025, with an allocation of ₹99,446 crore to create 3.5 crore jobs nationwide, primarily in manufacturing. Madhya Pradesh aims to leverage such schemes to boost its job creation targets, particularly in high-tech sectors like electric vehicles (EVs), semiconductors, and green energy, following the model of Maharashtra, which recently approved ₹1.35 lakh crore in projects expected to generate 1 lakh jobs.
However, challenges remain. India’s industrial production growth slowed to a nine-month low of 1.2% in May 2025, driven by declines in mining and electricity sectors, which could impact Madhya Pradesh’s ambitious targets. Additionally, regional disparities in skilled job opportunities, as seen in states like Bihar and Uttar Pradesh, underscore the need for targeted interventions in Madhya Pradesh to ensure inclusive growth.
The state government is addressing these challenges by enhancing infrastructure and streamlining policies. Chief Minister Yadav virtually inaugurated District Trade and Industry Centre offices in Niwari, Agar-Malwa, and Raisen during the MP Rise 2025 Conclave, strengthening the industrial ecosystem. The policy also aligns with national goals, such as Prime Minister Narendra Modi’s ‘Make in India’ campaign, which aims to increase manufacturing’s GDP share to 25% by 2025, though current data shows it slipping to 14.3%.
Madhya Pradesh’s Industrial Policy 2025 is a bold step toward economic transformation, with a clear focus on job creation and industrial growth. By fostering investments, enhancing skills, and aligning with national initiatives, the state is laying the groundwork for sustainable development and inclusive prosperity.
Disclaimer: This article is based on recent news reports, official statements, and publicly available data from sources like Business Standard, The Hindu, and Patrika News. Information is accurate as of July 4, 2025, and subject to change based on new developments. Readers are advised to verify details through official government sources for the latest updates.