BHOPAL: Madhya Pradesh has recorded its highest-ever exports in the financial year 2024–25, clocking Rs 66,218 crore, thanks to investment-friendly industrial policies, robust infrastructure, and a growing industrial base. This marks a 6% increase in exports over the previous fiscal year, reinforcing the state’s emergence as a key player in India’s export economy.
According to the latest report by the Federation of Indian Export Organizations (FIEO), the state has jumped from 15th to 11th position nationally in export rankings – a significant rise attributed to strong performances in pharmaceuticals, engineering goods, and soy-based agricultural products.
Policy Push and Sectoral Growth Fuel Export Surge
Madhya Pradesh’s export success is primarily driven by proactive industrial development policies and an export-conducive environment created by the state government. The increasing participation of international markets, particularly in pharma and machinery, has led to a steady rise in demand for products originating from the heartland.
The state also recorded Rs 4,038 crore in exports from Special Economic Zones (SEZs), largely due to contributions from information technology and services.
Sector-Wise Export Breakdown
In FY 2024–25, key export figures include:
- Pharmaceuticals: Rs 11,968 crore
- Animal Feed: Rs 6,062 crore
- Machinery: Rs 5,497 crore
- Aluminium: Rs 4,795 crore
- Other Exports: Rs 4,656 crore
This diversified export portfolio has bolstered the state’s economy and demonstrated resilience across sectors.
Consistent Growth Over Six Years
Madhya Pradesh has shown a steady upward trajectory in exports over the past six years–
- 2019–20: Rs 37,692 crore
- 2020–21: Rs 47,959 crore
- 2021–22: Rs 58,407 crore
- 2022–23: Rs 65,878 crore
- 2023–24: Rs 65,255 crore
- 2024–25: Rs 66,218 crore
This growth trend reflects sustained policy effectiveness and increasing industrial output across districts.
District-Wise Export Performance
Dhar emerged as the top exporting district with Rs 17,830 crore, driven by sectors like pharmaceuticals, automotive, and food processing.
Indore followed closely with Rs 13,500 crore, solidifying its role as a leading commercial hub.
Ujjain marked a record by exporting Rs 2,288 crore, mainly in industrial, agriculture-based, and food processing products.
Global Markets and Strategic Impact
Madhya Pradesh’s export destinations include Bangladesh, France, the UAE, and the Netherlands, with the United States remaining the top market for pharmaceuticals and machinery. This global outreach underscores the state’s competitiveness in international trade.
The state government’s focused efforts in improving infrastructure, attracting foreign investment, and creating a supportive business ecosystem have clearly paid off, both in numbers and in the improved global perception of Madhya Pradesh as a reliable export hub.
Conclusion
With this landmark achievement, Madhya Pradesh not only meets its own economic development goals but also enhances its contribution to India’s overall export performance. The rise in exports is a testament to the state’s growing industrial capabilities, strategic planning, and global integration.
