Indore: To boost industrial development in Ujjain, the Madhya Pradesh Industrial Development Corporation (MPIDC) has acquired over 400 hectares of private land for the second phase of the Vikram Udyogpuri industrial area. This expansion is expected to draw substantial investments and meet the rising demand from industries looking to set up operations in the region.
Vikram Udyogpuri currently spans 458 hectares, with most of its space already occupied by businesses. As the industrial park nears full capacity, the need for additional land has become urgent. The acquisition process for the new land has begun, and a detailed project report is in the works to guide the development of Phase 2. The state government plans to highlight this expansion at the Investors’ Summit 2025, scheduled to take place in Bhopal in February, to attract further investments.
“We are in the process of developing Phase 2 of Vikram Udyogpuri. The current industrial area is nearly fully occupied, and we’ve seen increasing interest from industries wishing to invest in the region. The decision to move forward with the expansion was driven by the growing demand,” said Rajesh Rathod, Executive Director of MPIDC Ujjain.
So far, 58 industries have secured land within the existing Vikram Udyogpuri industrial area, with more than 15 already beginning trial production or fully operational. Collectively, these industries have committed over ₹5,000 crore in investments. MPIDC has also received 200 additional investment proposals from companies needing approximately 121 hectares of land in the industrial area’s next phase.
Major companies like PepsiCo India, Amul, Ashirvad Pipes, Symbiotic Life, Karnataka Antibiotics, Yashoda Linen, and Srinivas Pharma are among those that have already secured plots in Vikram Udyogpuri. The Phase 2 expansion is expected to create a further influx of investments and employment opportunities, boosting the region’s economic growth.
With the new land in place, MPIDC aims to solidify Madhya Pradesh’s position as a prime industrial hub, providing businesses with the infrastructure they need to grow and flourish. The development of Vikram Udyogpuri Phase 2 is set to play a crucial role in the state’s industrial and economic growth story.
