MP CM Mohan Yadav targets 20 lakh jobs, 15 new townships by 2047
Synopsis
Key Takeaways
Madhya Pradesh Chief Minister Mohan Yadav on Wednesday, 28 October 2026, outlined an ambitious urban development roadmap for the state, targeting nearly 20 lakh job opportunities, 12 to 15 new townships, and planned urban expansion across 25,000 to 30,000 acres by 2047. Speaking at the Urban Growth Conclave 2.0 in Indore, Yadav said the government is committed to building modern, investment-friendly, environmentally sensitive and citizen-centric cities.
Key Announcements at the Conclave
Chief Minister Yadav released two major policy drafts during the conclave: the Treated Wastewater Recycling and Reuse Policy-2026 and the Madhya Pradesh Urban Affordable Housing and Habitat Policy-2026. A target has been set to achieve 50 per cent reuse of treated water by 2037. Financial agreements worth ₹2,013 crore were signed under the Urban Challenge Fund for urban infrastructure projects, and several MoUs were inked covering technical cooperation in industrial water reuse, solid waste management, and urban development.
Yadav said investments worth nearly ₹12 lakh crore have already been realised in the state, with further investment being sought in industrial corridors, logistics, tourism, renewable energy, water management, modern infrastructure, and advanced sectors including semiconductors. He framed these initiatives as aligned with Prime Minister Narendra Modi's vision of Viksit Bharat @2047.
Metropolitan Push for Indore, Bhopal and Ujjain
Work is progressing rapidly to develop Indore, Ujjain, and Bhopal as metropolitan cities, according to Yadav. Under the 'Indore Future City' project, approximately 5,000 acres will be developed with a focus on housing, industry, and employment. Among the flagship projects showcased were the redevelopment of around 4,600 housing units in Bhopal's Tortoise City, in-situ redevelopment of 21,255 EWS housing units in Bhopal, modernisation of the Central Vista and State Capital Complex, development of the former Hukumchand Mill land in Indore, a proposed Education, Knowledge and AI City in Bhauri, Bhopal, and an integrated temple-tourism project in Chitrakoot.
The development of 11 major temple complexes in Ujjain was also highlighted. Yadav noted that the 'Shri Mahakal Mahalok' project in Ujjain has already attracted nearly seven crore annual visitors, generating opportunities in hospitality, transport, commerce, and real estate. He also pointed to improved international air connectivity, including the Indore-Abu Dhabi flight service, as a boost to urban economic growth.
Solar Energy and Urban Finance Innovations
A Solar Round Table held during the conclave drew participation from over 20 investors, with discussions centred on solar energy deployment in urban local bodies (ULBs), reducing electricity costs, and mobilising financial resources. Madhya Pradesh Power Generating Company Managing Director Manjit Singh proposed a 200 MW floating solar project with a battery energy storage system in Birsinghpur, valued at approximately ₹1,564 crore, to supply solar power to ULBs and provide two-hour evening electricity. The meeting also discussed raising funds for nearly 200 ULBs through pooled municipal bonds.
Urban Development and Housing Commissioner Sanket Bhondve said the combination of solar energy and financial innovation would promote energy efficiency and sustainable urban growth. Proposed compressed biogas plants in five cities were also part of the green urban agenda presented at the conclave.
What the Government Said
Urban Development and Housing Minister Kailash Vijayvargiya said cities would serve as the engines of economic growth, noting that more than 50 per cent of India's population is expected to live in urban areas by 2047. He cited Indore's national cleanliness rankings as a model of public participation in urban governance. Yadav reinforced that future urban planning will integrate modern infrastructure, water security, affordable housing, and an improved quality of life — going beyond residential spaces to make cities major hubs of industry, commerce, investment, and employment.
With policy drafts released, financial agreements signed, and multiple MoUs in place, the Madhya Pradesh government's next steps will involve translating these frameworks into ground-level execution as the state pushes toward its 2047 urban transformation targets.