The Madhya Pradesh Industrial Development Corporation (MPIDC) has acquired over 400 hectares of private land to develop Phase 2 of the Vikram Udyogpuri industrial area. This expansion aims to attract significant industrial investments and address the rising demand for space in the region. Vikram Udyogpuri currently spans 458 hectares and is nearing full capacity. The MPIDC has initiated the process of land acquisition and is preparing a detailed project report for the second phase. This strategic project will be a highlight at the upcoming Investors' Summit 2025 in Bhopal this February. We are developing Phase 2 of Vikram Udyogpuri as the existing area is almost fully occupied. We continue to receive numerous investment proposals, reflecting strong interest from industries in this region, said Rajesh Rathod, Executive Director of MPIDC Ujjain. Current Investments and Infrastructure Upgrades So far, 58 industries have secured land in the existing industrial area, with over 15 already in trial or production stages. These industries represent proposed investments exceeding Rs 50 billion (approx. $600 million). Companies like PepsiCo India, Amul, and Karnataka Antibiotics are among those establishing operations in the zone. MPIDC has also enhanced the industrial ecosystem by installing a 5.2 MLD Common Effluent Treatment Plant (CEPT) at a cost of over Rs 240 million (approx. $3 million). The plant addresses effluent treatment for industries generating 3–4 MLD, ensuring sustainable growth in the region. The new phase is expected to provide fresh opportunities for industrial development and strengthen Madhya Pradesh's position as a business-friendly state.