CM Mohan Yadav: MP exports to LAC hit ₹3,835 cr, up 19%
Synopsis
Madhya Pradesh's exports to Latin America and Caribbean countries reached ₹3,835 crore in FY 2025-26, a 19 per cent increase, with pharma as the lead sector. CM Dr. Mohan Yadav cited Brazil, Mexico, Chile, Dominican Republic, Argentina, Peru and Colombia as key partners, calling the figures proof of 'Made in Madhya Pradesh' global acceptance.
Key Takeaways
Madhya Pradesh's exports to LAC countries reached ₹3,835 crore in FY 2025-26 .
The figure represents a 19 per cent year-on-year growth in bilateral trade.
The pharmaceutical sector was identified as a key contributor to this export rise.
Seven countries — Brazil, Mexico, Chile, Dominican Republic, Argentina, Peru and Colombia — are named as principal trading partners.
MPIDC is the state body driving export promotion and investment facilitation efforts.
The announcement is framed under the 'Made in Madhya Pradesh' branding campaign targeting global markets.
The Chief Minister's Office of Madhya Pradesh announced on Saturday, 6 June 2026 that the state's exports to Latin America and Caribbean (LAC) countries reached ₹3,835 crore in financial year 2025-26, marking a 19 per cent year-on-year increase, with the pharmaceutical sector cited as a key driver.
Context
Chief Minister Dr. Mohan Yadav shared the figures on social media, stating: 'LAC देशों में मेड इन मध्यप्रदेश को मिल रहे स्नेह और स्वीकार्यता का प्रमाण हैं' — 'these numbers are proof of the affection and acceptance that 'Made in Madhya Pradesh' is receiving in LAC countries.' The announcement was addressed jointly to @DrMohanYadav51 and MPIDC, the state's industrial development and export promotion body.
The post specifically names Brazil, Mexico, Chile, Dominican Republic, Argentina, Peru and Colombia as the principal trading partners in the region, describing trade exchange with these nations as 'continuously touching new heights.'
Policy Backdrop
India's engagement with the LAC region has institutional roots going back to the Focus LAC trade promotion programme launched in 1997, which aimed to diversify Indian exports beyond traditional Western markets. The Make in India initiative, announced in 2014, subsequently gave state governments a national framework to brand and promote local manufacturing globally.
Madhya Pradesh has leveraged established pharmaceutical manufacturing clusters — notably in and around Indore — to participate in India's broader push for South-South trade. The Madhya Pradesh Industrial Development Corporation (MPIDC) has been the operational arm for investment facilitation and export branding efforts under successive state administrations.
Stakeholders and Impact
Pharmaceutical exporters and manufacturing MSMEs based in Madhya Pradesh stand as the primary beneficiaries of the LAC trade expansion. The pharma sector's 'important contribution', as cited in the post, aligns with a wider national pattern in which Indian-manufactured generic medicines have found significant markets across Latin America and the Caribbean.
For LAC importers, Madhya Pradesh's competitive pricing and established regulatory compliance in the pharma segment make the state a reliable supplier. The seven countries named — collectively representing the largest economies in the region — suggest a diversified buyer base rather than dependence on a single bilateral relationship.
What's Next
The state government's tagging of MPIDC in the announcement signals that the corporation is expected to build on this momentum, potentially through trade missions or buyer-seller meets with LAC partners. Subsequent quarterly export statistics will indicate whether the 19 per cent growth trajectory is sustained into FY 2026-27.
With hashtags such as #MP_RisingGlobally, #InvestInMP and #FutureReadyMadhyaPradesh accompanying the post, the state is clearly positioning this export milestone as part of a larger investor-outreach narrative ahead of potential investment summits or policy announcements.
Point of View
Using pharma exports as a lead sector. By naming seven specific LAC economies, the Madhya Pradesh government is signalling depth of market penetration rather than a single-country dependency — a sign of maturing export infrastructure. The prominent tagging of MPIDC alongside the Chief Minister's handle suggests institutional credit-sharing ahead of what may be a larger investment or trade-mission cycle. The 'Made in Madhya Pradesh' framing also serves a domestic political purpose, positioning the Mohan Yadav administration as an outward-looking, economically proactive government.
NationPress
5 Aug 2026
Frequently Asked Questions
How much did Madhya Pradesh export to Latin America in 2025-26?
Madhya Pradesh's exports to Latin America and Caribbean countries reached ₹3,835 crore in financial year 2025-26, according to an announcement by Chief Minister Dr. Mohan Yadav.
What is the growth rate of MP's LAC exports?
The state recorded a 19 per cent increase in exports to LAC countries in FY 2025-26 compared to the previous year.
Which sector is driving Madhya Pradesh's exports to Latin America?
The pharmaceutical sector has been cited as a key contributor to Madhya Pradesh's growing exports to Latin America and Caribbean nations.
Which Latin American countries does Madhya Pradesh trade with?
The state trades with Brazil, Mexico, Chile, Dominican Republic, Argentina, Peru and Colombia , all identified as major LAC trading partners.
What is MPIDC's role in Madhya Pradesh's export growth?
The Madhya Pradesh Industrial Development Corporation (MPIDC) is the state agency responsible for investment facilitation, export promotion and branding Madhya Pradesh products in global markets including the LAC region.
