Today is Madhya Pradesh’s foundation day; manufacturing, health, education, and skill development must be expanded.
Indore
Much has changed in the 69 years since Madhya Pradesh’s founding. Despite the predominance of agriculture, industry, services, food, tourism, and real estate have flourished, yet there are some sectors that require attention. In Malwa-Nimar, Indore, Ujjain, and Omkareshwar have become major centers of religious tourism, contributing 7,000 to 8,000 crore rupees to the state’s GDP. New corridors are now opening and new roads are being built, further strengthening the economy.
This will require greater focus on health, education, manufacturing, and skill development.
Economic analysts say agriculture contributes 45% to the state’s GDP, while industry has accounted for only 19% for two decades. While the country’s GDP growth has been 5.6% in the past 20 years, Madhya Pradesh’s GDP has been higher, at around 7%. If Vision 2047 is the goal, then the manufacturing sector within the industry will have to be expanded. Currently, the state’s employment is 50% dependent on agriculture; this will have to be reduced and shifted to other sectors.
How much of Indore is in which sector? equity
- 10.73% Commercial activity, business, recreation
- 6.92% in the other services subsector
- 7.53% Real Estate, Home & Business Services
- 14.53% Financial Services Subsector
- 11.46% Transportation, storage
- 11.15% Communication, broadcasting related services
10.73% share in the activity, business, and recreation sectorAccording to the MP District Domestic Territory Report-2025, Indore tops in 6 out of 8 parameters. In this report based on the parameters of sectors like business, construction, tourism, Indore is leading the state in commercial activity, business, recreation sector. Indore’s share in these sectors in the state is the highest at 10.73%. It tops the state in the other services sub-sector with 6.92%. In real estate, home and business services, Indore is at first and Bhopal at 7.53% and 5.04% respectively. In the financial services sub-sector, Indore is at 14.53% and Bhopal at 13.31%. In the transport and storage sector, Indore is at the top with 11.46% while Bhopal is at 7.92%. In communication and broadcasting related services, Indore is at the highest at 11.15% and Bhopal at 10.92%.
There should be growth in manufacturing and education
Dr. Kanhaiya Ahuja, former member of the Madhya Pradesh GDP Growth Committee and director of the School of Economics, says that along with manufacturing, there is now a need for growth in health, education, and skill development. According to urban planner Hitendra Mehta, while Indore was a trading market after independence, it has now become the cleanest and smartest city in the country. Indore Metro, Smart City Project, IT Park, and Industrial Belt have made it the capital of the ‘smart economy’. Indore is now at the forefront in the state in the fields of education and startups as well.
