page_title: Madhya Pradesh
section_title: Economy
hierarchical_section_title: Madhya Pradesh / Economy
caption_attribution_description: English: &#160;Vehicle Factory Jabalpur (VFJ)'s Matang Truck for the Indian Army
context_page_description: Madhya Pradesh is a state in central India. Its capital is Bhopal, and the largest city is Indore, with Jabalpur, Gwalior, Rewa, Ujjain being the other major cities. Madhya Pradesh is the second largest Indian state by area and the fifth largest state by population with over 75 million residents. It borders the states of Uttar Pradesh to the northeast, Chhattisgarh to the southeast, Maharashtra to the south, Gujarat to the west, and Rajasthan to the northwest. Before 2000, when Chhattisgarh was a part of Madhya Pradesh, Madhya Pradesh was the largest state in India and the distance between the two furthest points inside the state, Singoli and Konta, was 1500 km.
  The area covered by the present-day Madhya Pradesh includes the area of the ancient Avanti Mahajanapada, whose capital Ujjain arose as a major city during the second wave of Indian urbanisation in the sixth century BCE. Subsequently, the region was ruled by the major dynasties of India. Maratha empire dominated the majority of the 18th century.
context_section_description: Madhya Pradesh's gross state domestic product (nominal GDP) for 2013–14 was ₹ 4,509 billion (approximately US$ 72,726,000,000). The per-capita figure was US$ 871.45 in 2013–14, the sixth-lowest in the country. Between 1999 and 2008, the annualised growth rate of the state was very low: 3.5%. Subsequently, the state's GDP growth rate has improved significantly, rising to 8% during 2010–11 and 12% during 2011–12.
  Madhya Pradesh is also famous for honey production in district Morena.
  The state has an agrarian economy. The major crops of Madhya Pradesh are wheat, soybean, gram, sugarcane, rice, maize, cotton, rapeseed, mustard and arhar. Minor Forest Produce (MFP), such as tendu leaves used to roll beedi, sal seed, teak seed, and lak also contribute to state's rural economy.
  Madhya Pradesh has 5 Special Economic Zones (SEZs): 3 IT/ITeS (Indore, Gwalior), 1 mineral-based (Jabalpur) and 1 agro-based (Jabalpur). In October 2011, approval was given to 14 proposed SEZs, out of which 10 were IT/ITeS-based. Indore is the major commercial centre of the state. Because of the state's central location, a number of consumer goods companies have established manufacturing bases in MP.
  The state has the largest reserves of diamond and copper in India. Other major mineral reserves include those of coal, coalbed methane, manganese and dolomite.
  Madhya Pradesh has six Ordnance Factories, four of which are located at Jabalpur (Vehicle Factory, Grey Iron Foundry, Gun Carriage Factory, Ordnance Factory Khamaria) and one each at Katni and Itarsi. The factories are run by the Ordnance Factories Board, and manufacture a variety of products for the Indian Armed Forces.
  Madhya Pradesh won the 10th National Award for excellent work in Mahatma Gandhi National Rural Employment Guarantee Act, 2005.
  The state's tourism industry is growing, fuelled by wildlife tourism and a number of places of historical and religious significance. Sanchi and Khajuraho are frequented by external tourists. Besides the major cities, Bhedaghat,   Jabalpur, Bhimbetka, Bhojpur, Maheshwar, Mandu, Orchha, Pachmarhi, Kanha, Amarkantak and Ujjain, Tumen Vindhyavasini temple ancient temple. This south facing Ashok Nagar district located in Tuman (Tumvn).
caption: Matang was completely developed and manufactured by Vehicle Factory Jabalpur
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