Malwa Bazar .com

THE NEW FACE OF GROWTH

The Government of Madhya Pradesh had earmarked Meghnagar, now and industrial town on Jhabua-Thandla Road, as the one of the pilot projects for setting up industrial township near the non-industrial districts of the state. Situated at just a 40 kms. drive form border of the states of Gujrat and Rajastan, Meghnagar has land area of around 225 hectares of industrial development.

Being situated close to the development city of Dahod, Gujrat, Meghnagar enjoys the locational advantage. The state of Gujrat is and industry rich state. The two fold opportunity at Meghnagar has attracted some of the big names like Jalan Ispat Ltd. , Quality Steel Ltd., etc. Meghnagar is situated in a mineral rich area wherein the Mineral Corporation of MP provides ample rock phosphate. Similarly, ores of Dolomite are found in abundance in near by areas.

PROMISING AND ENCOURAGING

Presently, with and overall investment of around Rs. 80 million, Meghnagar houses around 4 LMI (functional), 9 SSI(functional) and around 10 SSI under implementaion, providing employment to over 500 people presently. It also has the facilities like drinking water by tube well & river, nationalized bank, educational institutes at Jhabua and such.

The socio-economic scenario of Meghnagar is quite promising with the dual advantage of being situated on the border. Besides, district Jhabua also boasts of some high standard educational institutes, schools and colleges. Jhabua also has a polytechnic college and ITI. Jhabua has been declared as the backward and tribal area, hence the Government is taking great care and investing huge sums of money for the development and upliftment of this area.

FACILITITES, BENEFITS & INFRASTRUCTURE

Water Resource : Tube well, Anas river.

Electrical Substations: 33/11 KVA(2)

Investment Subsidy : 15% of fixed investment of Rs. 5 lakhs which ever is less(For SSI only).