Madhya Pradesh Urban Growth Conclave 2.0: How Cities Will Transform into Engines of Growth
At the 'Urban Growth Conclave 2.0' held in Indore, Chief Minister Dr. Mohan Yadav presented a comprehensive vision to transform the cities of Madhya Pradesh into modern, investment-friendly, and citizen-centric hubs. In alignment with the 'Viksit Bharat @2047' (Developed India @2047) initiative, the state government plans to generate approximately 20 lakh job opportunities, develop 12 to 15 new townships, and undertake planned urban development across 30,000 acres. This includes the 'Indore Future City' project, which will span 5,000 acres.
Several significant policies were unveiled during the event, most notably NITI Aayog’s 'Indore Economic Region (IER)-2047 Economic Plan Report,' which aims to grow the region's economy to $600 billion.
Additionally, the state introduced the 'Treated Wastewater Recycling and Reuse Policy-2026' (targeting a 50% reuse rate for wastewater by 2037), the 'Urban Affordable Housing Policy-2026,' and the 'Unified Land Development Rules-2026.'
Six major MoUs and project agreements signed
On the financial front, six major MoUs and project agreements—collectively valued at over ₹2,013 crore—were signed for urban infrastructure, water supply, and the development of a 'Temple Circuit' (focusing on religious sites) across Ujjain, Indore, and Rewa.
Noting that investments worth ₹12 lakh crore have already been realized on the ground, Chief Minister Dr. Mohan Yadav held individual meetings with investors from sectors including renewable energy, AI, real estate, and digital infrastructure. Among the major private projects highlighted is the Rs 2,250 crore 'Della Racecourse' project in Bhopal.
Urban Development Minister Kailash Vijayvargiya emphasized that by 2047, more than 50% of India's population will reside in urban areas, making cities like Indore and Bhopal key growth drivers. Additionally, other projects were showcased, including a 200 MW floating solar and battery storage system in Birsinghpur, various redevelopment initiatives, and projects focused on expanding religious tourism—building on the success of the 'Shri Mahakal Mahalok' in Ujjain.