2025
IT/ITeS/ESDM Investment Promotion Policy
Unlock Growth Opportunities with robust infrastructure, investor-friendly policies, and a thriving industrial ecosystem, MP offers a strategic gateway for businesses across diverse sectors.
Introduction
Introduction to the IT/ITeS/ESDM Policy and How Sharda Associates Can Help You.
The Madhya Pradesh IT/ITeS/ESDM Investment Promotion Policy 2023 is a strategic initiative launched by the Madhya Pradesh government to position the state as a leading hub for information technology (IT), information technology-enabled services (ITeS), and electronic system design and manufacturing (ESDM). The policy seeks to attract investment, improve infrastructure, generate job opportunities, and foster innovation.
At Sharda Associates specializes in offering comprehensive consulting services to firms and investors seeking to develop or expand operations in Madhya Pradesh’s IT, ITeS, and ESDM sectors. Our services include project feasibility studies, financial planning, subsidy consultancy, infrastructure development, regulatory approvals, and operational strategy. We use our skills and industry knowledge to ensure that your IT/ITeS/ESDM project receives the policy’s incentives and support.
Benefits
Key Incentives, Subsidies & Benefits in the Scheme
The Madhya Pradesh IT/ITeS/ESDM Investment Promotion Policy 2023 offers a range of financial and operational incentives to make technology-related businesses more competitive and sustainable:
Journey
How Sharda Associates Simplifies Your Investment Journey
Why Partner with Sharda Associates?
We are not just consultants; we are your strategic partners. Our team of seasoned Chartered Accountants and financial experts ensures that your investment aligns with the best opportunities Madhya Pradesh has to offer. We bring clarity to complex policies and help you maximize your benefits under state incentives.
Investors
Eligible Investors & Investment Opportunities
Who Can Benefit:
- IT Companies – Businesses involved in software development and IT services.
- ITeS Providers – Companies offering BPO, KPO, and customer support services.
- Data Centers – Companies involved in data storage, cloud computing, and data security.
- Electronics Manufacturers – Companies involved in the production of semiconductors, chips, and other electronics.
- Telecom Companies – Firms setting up telecom infrastructure and networks.
- Tech Startups – Startups focused on innovation in IT and electronics.
Investment
Investment opportunities:
- Establishing IT parks and IT hubs.
- Setting up data centers and cloud infrastructure.
- Developing manufacturing units for electronic components.
- Creating software development and testing centers.
- Setting up BPO and KPO facilities.
- Establishing technology training centers.
Highlights
Key Highlights of the Policy
- Â Dedicated IT Parks: Development of IT-specific industrial parks in Bhopal, Indore, and Gwalior.
- Â Single-Window Clearance: Fast-track approval process for IT/ITeS/ESDM projects.
- Â Export Promotion: Incentives for exporting IT/ITeS/ESDM products and services.
- Â Skill Development: Financial support for setting up training centers and talent development programs.
- Â Public-Private Partnerships (PPP): Incentives for setting up IT/ITeS/ESDM units under the PPP model.
- Â Research & Development: State-supported funding for setting up R&D centers.
- Â Digital Infrastructure: High-speed internet, data security, and cloud computing infrastructure.
- Â Tax Exemptions: Reduced SGST and corporate tax benefits for IT/ITeS/ESDM companies.
- Â Green Technology Adoption: Incentives for adopting eco-friendly manufacturing and IT practices.