₹268 crore tender issued for Indore-Pithampur Economic Corridor:17 villages to benefit, over 50,000 jobs expected

The Madhya Pradesh Cabinet has taken a significant decision to give fresh momentum to the Indore-Pithampur Economic Corridor. By issuing tenders worth ₹268 crore, the government has signalled its intent to accelerate industrial development in the region. Importantly, 60 per cent of the developed land will now be returned to farmers, offering financial relief to thousands of families. The corridor is expected not only to generate new employment opportunities but also to strengthen the regional economy. The Indore–Pithampur Economic Corridor spans 21 kilometres, linking Indore with Pithampur. The total project cost is estimated at ₹3,500 crore. Following Cabinet approval, tenders worth ₹268 crore have been floated to advance the next phase of works. Around 60 facilities, including the Super Corridor Road, drainage systems and electricity infrastructure, will be constructed. ₹236 crore has already been spent during the first phase, with the current focus shifting towards strengthening land management. 60% developed land to be returned to farmers An industrial zone will be developed within a 3 to 5 kilometre stretch on both sides of the corridor. A total of 1,290.74 hectares (approximately 3,200 acres) of land is proposed for development. Of this, 60 per cent of the developed land will be handed back to farmers. They will have the option to establish industries on their returned plots or sell them to industrial investors. This provision marks a shift under the Land Pooling Act, where typically 50 per cent of developed land is returned. However, in line with the Chief Minister’s directives, the share has been increased to 60 per cent in this case. Farmers opting for monetary compensation instead of land will receive payment in accordance with the state’s land acquisition policy. 17 villages to benefit; over 50,000 jobs expected The project is set to benefit thousands of farmers across 17 villages near Indore, including Betma, Sanwer, Sihoria, Bisankhedi, Narwal and Gumt. After development, automobile, electronics and other manufacturing industries are expected to dominate the corridor. Pithampur is already recognised as a major auto hub, and improved connectivity with Indore is likely to boost fresh investment. Experts estimate that the project could generate more than 50,000 jobs. In the upcoming phase, farmers will formally be offered the choice to reclaim 60 per cent of their developed land or lease it to industries. Housing and commercial development also planned Beyond industrial expansion, the corridor will also see residential and commercial development. Housing schemes are proposed to accommodate employees and entrepreneurs working in the industrial units. Private colonisers are expected to develop residential projects, while farmers and builders may collaborate to establish colonies featuring shops, malls, shopping complexes and office spaces. This integrated development model is anticipated to increase both residential and commercial activity, further strengthening the local economy. Objections and pending appeals During the initial phase, several farmers raised objections to the project. Following local hearings, more than 450 appeals remain pending before the appellate authority in Bhopal, where proceedings are currently underway.