CM Mohan Yadav inspects Indore IT Park-3, eyes central India tech hub
Synopsis
Madhya Pradesh CM Dr. Mohan Yadav inspected the under-construction IT Park-3 in Indore on 18 June 2026, describing the 22-storey, ₹550-crore-plus facility as the best IT park in central India and reaffirming plans to make Indore the state's IT and services capital.
Key Takeaways
IT Park-3 in Indore is a 22-storey facility spanning 11.25 lakh square feet , built at a cost of over ₹550 crore .
Mohan Yadav personally inspected the project on 18 June 2026 and received a detailed briefing from officials.
The CM described IT Park-3 as the best IT park in central India upon completion.
Madhya Pradesh is positioning Indore as the state's dedicated IT and services sector capital.
The project continues a decade-long state strategy of successive IT park developments in Indore to attract technology investment.
Completion timeline and follow-up investment incentives for IT firms remain key milestones to watch.
Madhya Pradesh Chief Minister Dr. Mohan Yadav on Thursday, 18 June 2026, inspected the under-construction IT Park-3 in Indore, reviewing progress with senior officials and describing the project as a cornerstone of the state's ambition to make Indore the IT and services capital of Madhya Pradesh.
Context
Posting on X after the site visit, Dr. Yadav stated — 'इंदौर को हम प्रदेश की IT और सेवा क्षेत्र की राजधानी के रूप में स्थापित कर रहे हैं' ['We are establishing Indore as the IT and services sector capital of the state']. The Chief Minister said the facility, spread across 11.25 lakh square feet, will be a 22-storey structure and is being built at a cost of over ₹550 crore. He described it as the best IT park in central India once complete.
The inspection involved a detailed briefing from officials on construction timelines and the facility's design. A video shared alongside the post showed the Chief Minister at the project site engaging with the team overseeing the development.
Policy Backdrop
Madhya Pradesh has pursued successive IT park developments in Indore since the early 2010s, positioning the city as a regional technology centre in central India. IT Park-3 is the latest and most ambitious in this series, reflecting a sustained state-level push to diversify the economy beyond agriculture and manufacturing.
The broader strategy mirrors efforts seen across non-metro Indian cities — attracting IT and IT-enabled services investment by offering purpose-built infrastructure at competitive costs compared to established hubs. Indore, already the largest commercial city in Madhya Pradesh, has a growing base of educational institutions and a skilled workforce that state planners view as a natural anchor for this expansion.
Stakeholders and Impact
The primary beneficiaries of IT Park-3 are technology companies, IT-enabled services firms, and tech professionals seeking grade-A office space in central India. For Indore's business community, the project signals continued state investment in urban infrastructure and job creation in high-value sectors.
A 22-storey facility of 11.25 lakh square feet at this scale would represent a significant addition to the city's commercial real estate stock, with the potential to house multiple large and mid-sized IT tenants. Smaller ancillary businesses — logistics, hospitality, retail — in the surrounding area are also likely to see downstream demand.
What's Next
The key questions now centre on the project's completion timeline and whether the state government will announce accompanying policy incentives — such as tax concessions or single-window clearances — to attract IT firms to the new facility. Dr. Yadav's government has signalled that Indore's positioning as an IT hub is a long-term priority, suggesting further announcements around investment and workforce policy are likely.
As Madhya Pradesh competes with states like Telangana, Karnataka, and Tamil Nadu for IT investment, the success of IT Park-3 in drawing tenants will serve as a key test of whether tier-2 city infrastructure can match the pull of established metro corridors.
Point of View
Not a bureaucratic line item. By framing Indore as the 'IT and services capital' of Madhya Pradesh, the CM is staking political credibility on a specific urban outcome — one that will be measurable in tenant occupancy and job numbers once the park opens. The ₹550-crore-plus price tag and 22-storey scale place this project squarely in competition with purpose-built IT corridors in southern and western India, raising the stakes for follow-through on incentives and connectivity. How quickly the state converts physical infrastructure into actual investment commitments will determine whether this vision translates into a durable economic shift for central India.
NationPress
4 Aug 2026
Frequently Asked Questions
What is IT Park-3 in Indore?
IT Park-3 is an under-construction 22-storey technology park in Indore, Madhya Pradesh, spanning 11.25 lakh square feet and being built at a cost of over ₹550 crore. It is part of the state government's plan to make Indore the IT and services capital of Madhya Pradesh.
When did CM Mohan Yadav inspect IT Park-3?
Chief Minister Dr. Mohan Yadav inspected the IT Park-3 construction site in Indore on Thursday, 18 June 2026, and reviewed progress with officials.
How much is IT Park-3 costing and how big will it be?
IT Park-3 will cost over ₹550 crore and will cover 11.25 lakh square feet across 22 floors, making it the largest and most expensive IT park project in central India to date.
Why is Madhya Pradesh building IT parks in Indore?
Madhya Pradesh has been developing IT parks in Indore since the early 2010s to diversify its economy, attract technology companies, and position Indore as a regional IT hub competing with metros in southern and western India.
When will Indore IT Park-3 be completed?
The exact completion date for IT Park-3 has not been officially announced. The project is currently under construction, and the state government is expected to share a detailed timeline as work progresses.
