About Us

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.

Objectives
  • To facilitate industry, investment and employment generation in Madhya Pradesh.

  • To function as a secretariat for implementing the Single window system for project clearance, implementation and policy formulation.

  • 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.

  • To participate continuously in the development process of creating the right business environment in the State by advising on policy and regulatory measures.

Activities undertaken by TRIFAC
  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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

1.

Chairman

Principal Secretary, Govt. of MP, Commerce, Industry & Employment Department.

2. Managing Director Any officer appointed by the Govt. of Madhya Pradesh.
3. Director

Managing Director, M P State Industrial Development Corporation Limited, Bhopal.

4. Director

Industries Commissioner, Madhya Pradesh

5. Director Principal Secretary /Secretary Govt. of MP, Housing & Environment Department.
6. Director Principal Secretary /Secretary Govt. of MP, Energy Department
7. Director

Principal Secretary /Secretary Govt. of MP, Commercial Tax Deptt.

8. Director Principal Secretary /Secretary Govt. of MP, Labour Department
9. Director Principal Secretary /Secretary Govt. of MP, Revenue Department