Ujjain’s Vikram Udyogpuri Sees Investment Proposals Worth Rs 50,000 Crore Amid Land Shortage Challenges
Ujjain (Madhya Pradesh) is poised to witness significant industrial growth with investment proposals worth around Rs 50,000 crore in the pipeline for its Vikram Udyogpuri industrial area. Currently, proposals worth Rs 5,000 crore are pending approval before the authorities. However, a severe shortage of land has emerged as a major obstacle to accelerating new industrial development.
The recent Global Investors’ Summit (GIS) held in Bhopal last month brought positive results, attracting substantial investment interest in Ujjain. Despite this enthusiasm, the government faces challenges in acquiring sufficient land to accommodate these burgeoning projects.
A senior official from the Madhya Pradesh Industrial Development Corporation (MPIDC) remarked, “Investment proposals worth Rs 50,000 crore were received for Vikram Udyogpuri, but acquiring sufficient land and developing necessary infrastructure remains a challenge.”
At present, approximately 325 acres of land in Vikram Udyogpuri, located on the Ujjain-Dewas Road, are fully occupied. Forty-eight companies have already started establishing their units here, with some commencing manufacturing operations at a combined investment of Rs 2,000 crore.
Major firms such as Volvo Eicher, LKM, Adani, Sun Pharma, Bericap, and Om Logistics have submitted proposals totaling around Rs 5,000 crore. However, to facilitate these projects, an additional 488 hectares of land are required, whereas only 15 hectares of government-owned land is currently available.
Adding to Vikram Udyogpuri’s prominence, one of the country’s four Medical Device Parks is under development here. Yet, land scarcity remains a pressing concern for this initiative as well.
Recently, South Korean company EDC announced an investment of Rs 207 crore to establish a cancer detection kit manufacturing unit in the area. Furthermore, during the GIS, an MoU was signed with the National Institute of Pharmaceutical Education and Research (NIPER), Ahmedabad, to provide technical support to the Medical Device Park.
MPIDC officials are actively addressing the land acquisition challenge. “We have sanctioned Rs 475 crore as compensation for acquiring 473 hectares to expand Vikram Udyogpuri,” said MPIDC Executive Director Rajesh Rathore.
In addition to expanding Vikram Udyogpuri, efforts are underway to develop a new industrial area in Kachnaria, located between Mahidpur and Nagda. This will provide further avenues for industrial growth in the region.
Meanwhile, Himadri Company has proposed a massive Rs 6,000 crore investment to set up a chemical manufacturing unit on 400 acres of land, underscoring the urgent need for additional industrial land in Ujjain.
These initiatives collectively highlight the critical importance of resolving the land shortage issue to support Ujjain’s growing industrial aspirations and ensure the successful realization of these substantial investment projects.
