IT/ITeS & ESDM

Sector Highlights

• Madhya Pradesh has adopted a proactive approach in attracting companies in IT/ITeS sector
• The state government has unveiled two progressive policies specifically for the sector – IT Policy and BPO Policy
• Additionally, there is availability of skilled technical manpower – more than 100,000 engineering graduates pass out of the State’s engineering colleges every year
• Plug and play infrastructure is available for IT/ ITeS companies across all the four major cities of Madhya Pradesh, namely Indore, Bhopal, Jabalpur and Gwalior
• Major IT/ ITeS companies operating in the state include Infosys, TCS, AEGIS, CSC, Firstsource and Impetus

Policy Highlights

IT Policy

• 75% rebate on cost of land for IT parks
• Interest subsidy of 5% for 7 years
• Capital subsidy of 25%
• VAT and CST refund for 10 years
• 100% stamp duty and registration fee exemption
• 100% entry tax exemption for 5 years

BPO Policy

• Subsidy on telecom infrastructure
• Reimbursement of rent