Madhya Pradesh Trade & Investment Facilitation
Corporation Limited (TRIFAC) formerly known as Madhya Pradesh Export
Corporation Limited, is a Company established under Companies Act 1956 and Wholly owned by Government of Madhya Pradesh. (Certificate of Incorporation)
Since 2004, TRIFAC is functioning as Single Window Facilitation Centre for
Investment promotion in Madhya Pradesh.
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To facilitate industry, investment and employment generation in Madhya Pradesh.
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To function as a secretariat for implementing the Single window system for
project clearance, implementation and policy formulation.
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To provide effective pre-investment and post investment service by establishing
co-ordination between different agencies and act as on interface between
entrepreneurs and the Government.
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To participate continuously in the development process of creating the right
business environment in the State by advising on policy and regulatory measures.
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Activities undertaken by TRIFAC |
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APEX Level Investment Promotion Empowered Committee :-TRIFAC is an Empowered Single Window Secretariat for Mega Projects with
investments of over RS.25 Crores and also for Thrust Sector Projects of over 10
Crores. For the projects in these categories TRIFAC pilots the proposal to the
Apex Level Committee headed by the Chief Minister where a customized economic
package is sanctioned which may include Fiscal Concessions, Tax Exemption and
all the facilitation concerned with industrial development Committee Comprises of
Industry Minister,
Finance Minister, Commercial Tax Minister and Chief Secretary as members.
and Principal Secretary (Commerce, Industry & Employment) is the Member Secretary.
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Project Clearance and
Implementation Board (PCIB)-
TRIFAC also acts as Secretariat for PCIB, an
empowered body to grant in principle approval to the Mega Projects, (above 25
cores) which is headed by Chief Secretary, Principal Secretary (CI&E) ,
Principal Secretary (H&E), Principal Secretary (Revenue),
Principal Secretary (Finance) and Secretary to CM are permanent members of the Board and MD,
TRIFAC is member Secretary.
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Madhya Pradesh Investment Facilitation Act 2008 :- In order
to see the speedy and time bound disposal of the applications of the investors
for various clearances/consents/permissions/approvals, State Government has
passed an act namely Madhya Pradesh Investment Facilitation Act 2008 Under this
Act three tier committees i.e. Apex Level Committee, State Level Committee &
District Level Committee have been formed to ensure the quick and timely
disposal of the investor's applications at various levels. These Committees are
also empowered to extend the facilitation to the investors as and when it is
needed. TRIFAC is responsible to act as member secretary for Apex and State
Level Committee.
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Combined Application Form :- Under the MP Investment Facilitation Act, 2008
preparation of a Combined Application Form has been envisaged. The process to
have a combined application form has been initiated by the State Government for
the use of entrepreneurs whose projects are to be submitted to the Apex Level or
State Level or District Level Committee. When implemented, by applying with this
single form entrepreneurs would be able to get the necessary clearances in all
the concerned departments as specified in the Facilitation Act.
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Investment Drive :- In order to see the inflow of Investment in the
State, Government of Madhya Pradesh has mandated TRIFAC to initiate the
Investment Drive. In this process, TRIFAC has been organizing the Investors
Meet & Industry Interactive Sessions, Road Shows in India and abroad to attract
the investors in the State for making investments in various sectors. State has
witnessed over whelming response shown by the investors from all corners of the
Country and abroad. In the past years TRIFAC has successfully organized the
Investors Meet at Khajuraho, Indore, Jabalpur, Sagar & Gwalior, Industry
Interactive Sessions at Bengaluru, Mumbai & New Delhi, Road Shows in US, UK,
Australia, Japan, Germany, Netherlands & Italy etc. Overseas Investors have also
shown keen interest to choose Madhya Pradesh as preferred Investment
Destination.
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MOU :- In order to extend the best possible help and support and pro
active facilitation to a potential investor, State Government or the investor
himself may request each other to enter in to an memorandum of understanding
(MOU) MOU is a tool by which both the agencies i.e. State Government and the
Investor show their expression of interest for achieving the investment plan. In
an MOU where, State Government shows commitment to facilitate the project, the
investor reveals its investment plans. TRIFAC is the nodal agency for executing
the MOU process for the investment plans related with industry sector. For all
other sectors such as Energy, Tourism, Education, Mining etc., the respective
departments are responsible for execution for MOU There is a prescribed fee for
entering into MOU with the State Government.
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Delhi-Mumbai Industrial Corridor (DMIC) :-
DMIC is an ambitious Project of GOI, which is planned along
the dedicated freight corridor being constructed from Delhi
to Mumbai. DMIC would be passing through six States.
In order to utilize the vast investment opportunities that would be created through DMIC,
including Madhya Pradesh
Govt. of MP has declared TRIFAC as Nodal Agency to implement the project
in the State. There are two High Power Bodies i.e. Steering Committee and
Empowered Committee to decide the matters related with DMIC Projects.
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Madhya Pradesh Industrial Investment Promotion Assistance-2004 :-
In order to encourage the investment in the
State. Government provides various concessions and exemption to the Industries.
IIPA is one such fiscal concession. TRIFAC acts as nodal agency to provide Industry Investment
Promotion Assistance to the Industries. IIPA is a fiscal concession in which 50% 75% of VAT
is refunded to the Industries.
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M.P. Audyogik Kendra Vikas Nigam Ujjain :- State Government has
set up AKVN Ujjain on 02/09/2008 as a subsidiary company of MP TRIFAC.
AKVN Ujjain has mandate to develop industrial infrastructure in its area of
jurisdiction. Presently it manages industrial growth centres at Dewas, Maksi
(distt Shajapur) & IIDC and Food Park at Jaggakhedi distt. Mandsaur.
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Land Bank :- database of land available in the state, which is suitable
for setting up the industries has been prepared to
facilitate entrepreneurs. Total area of
identified Land in the state is around 20,000 hectares.
Constitution of Board of Directors of the
Corporation
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1. |
Chairman
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Principal Secretary, Govt. of MP, Commerce, Industry & Employment Department.
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2. |
Managing Director
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Any officer appointed by the Govt. of Madhya Pradesh.
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3. |
Director
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Managing Director, M P State Industrial Development Corporation Limited, Bhopal.
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4. |
Director
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Industries Commissioner, Madhya Pradesh
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5. |
Director
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Principal Secretary /Secretary Govt. of MP, Housing & Environment Department. |
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6. |
Director
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Principal Secretary /Secretary Govt. of MP, Energy Department
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7. |
Director
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Principal Secretary /Secretary Govt. of MP, Commercial Tax Deptt.
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8. |
Director
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Principal Secretary /Secretary Govt. of MP, Labour Department
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9. |
Director
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Principal Secretary /Secretary Govt. of MP, Revenue Department
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