Report Summary Detailed PEST Analysis, Key Industries Analysed with Investment Opportunities in a Boon to Self Reliant India
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Indore is the most-populous city in the state. It is the major commercial and industrial centre of the state. The city hosts well established industrial hub for textiles, tile, cement, chemicals, tents, furniture, and sporting goods, grain milling and metalworking. Further, with the entry of the major corporate firms and institutions, it has earned a major name in the commercial sector of the country too.
With numerous land development projects on the way, Indore is rapidly becoming the real estate hub of the country. Also, to encourage the participation of IT companies, the state government is planning to set up technology parks and SEZs to accommodate the IT industry in a dedicated zone within the city. Urban development project is also underway to meet the requirements of individuals moving into the city for work purposes. With the constitution of industrial clusters around Indore, its economic geography has expanded rapidly in the recent years and State Government’s strong backing makes the city a preferred location for ‘Next - Best' City for Global Industrial Re-shoring in India.
Major Industries Include – Agro Based, Textile, IT, Paper & Paper Products, Leather Based Industry, Chemical Based Industry, Rubber, Plastic & Petro Based, Metal Based, Engineering Units, Food Based, Hospitality, Tourism, Technology, Construction & Real Estate
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