1 Madhya Pradesh: Means Business Logistics Industry.

1

Madhya Pradesh: Means Business

Logistics Industry

2

Overview

MP is the second largest State in the Country stretching over 308,000 sq kms.

The State is blessed with large mineral resources of coal, diamond, limestone, methane etc.

MP is among the top 4 states of the Country for industrial investments.

Per capita GSDP USD 369**

Manufacturing sector USD 8.5 bn**

(Registered & Unregistered)

Gross state domestic product (GSDP) USD 23,983.63 Mn**

Average growth rate 5.5% per annum

Advantage MP

Total electricity generation capacity 6,449.25 MW*

India’s first greenfield SEZ Indore SEZ

Industrial Centers 8

The State is centrally located

Investor friendly Government policies

Madhya Pradesh has one of the upcoming industrial base in India

Economic Snapshot Madhya Pradesh is emerging as a key growth center for the Country

Madhya Pradesh (MP) – State that means businessOverview

MP is rich in low grade coal suitable for power generation. Potential of hydro-energy generation. Installed power capacity (MP’s share)

Hydel Power Generation: 852.7 MW* Thermal Power Generation: 2,147.5 MW*

Power Electricity generation capacity at present is 6,449.25 MW and estimated to rise to a surplus in 2008-09

*Ministry of Power (powermin.nic.in) **Source: Indiastat.com (as on 23 Feb 2006)

3

RO

AD

NE

TW

OR

KA

IRP

OR

TS

RA

ILW

AY

NE

TW

OR

K

• The State is well connected with the rest

of India with almost 425 trains passing

through the State on a daily basis. Of

these 175 trains pass through the State

capital Bhopal alone.

• The total length of roads spanning MP is 67,600 kms.**

• National highways of 5,200 kms run through the State.*

• 18 National highways including trunk routes of Delhi-Mumbai, Delhi-Chennai, Delhi-Bangalore, Delhi- Hyderabad.

• The total length of State highways in the State is 9,885 kms.**

• Convenient linkages to western ports i.e. Kandla Port, Jawahar Nehru Port Trust.

• 25 airstrips.**

• Convenient air links from key Indian cities like Delhi & Mumbai to Bhopal, Jabalpur, Gwalior, Indore and Khajuraho.

• 5 operational airports.

• Indore airport has the capability of handling international cargo.

• An international airport proposed in Bhopal.

Enabling Infrastructure

MP IS CENTRALLY LOCATED AND WELL

CONNECTED WITH ALL MAJOR CITIES IN INDIA

*Source: Department of Road Transport & Shipping (morth.nic.in) **Source: www.destinationmadhyapradesh.com

INDORE BHOPAL

JABALPUR

GWALIOR

KHAJURAHO

4

Third largest producer of

cement in India*

12 blocks with reserves

totalling 2,585 million tons

of coal has been identified

Largest producer of pulses

and oilseeds in the Country

(~75% of soyabean

production)

31% of the State under forest

cover with a largely unexploited

species of rare, valuable

medicinal- herbal plants

Over 2,000 kms of roads

being developed with

Private Partnership (BOT)

Over 18,000 technical

graduates and 230,000

graduates add to workforce

each year

Over 144 BCM of coal bed

methane reserves available

Over 100 agricultural farms with

an area of over 20,000 acres is

available on lease to investor

India’s 1st operational

Greenfield SEZ at Indore

Favourable climatic

conditions for cotton

and over 40,000 power-

looms are driving the

textile industry

Availability of coal and natural gas

(G.A.I.L pipeline) along with support

from Government to make investment

in Thermal Power Plants lucrative

Offers diverse tourists destinations

catering to various segments of

tourism such as religious (Bhojpur),

eco/ adventure (Panchmari), heritage

(Sanchi, Khajuraho) tourism etc.

Madhya Pradesh: A Preferred Investment Destination

Various blocks available

for power, cement, iron

and steel units

*Source: www.mpsidc.org & Brochure: MP Means Business

5

0%

20%

40%

60%

80%

100%Vishakapatnam

Chennai

Greater Noida

Chandigarh

Jaipur

Indore

0

50

100

150Mumbai

Delhi

Bangalore

Chennai

PuneHyderabad

Indore

Bhopal

Ahemadabad

Mumbai(780 Kms)

(MPV - 1000) Pune(800 Kms)

(MPV - 206.51)

Bangalore(1400 Kms)

(MPV - 254.52)

Chennai(1430 Kms)

(MPV - 362.84)

Hyderabad(840 Kms)

(MPV - 257.9)

Delhi(740 Kms)

(MPV - 789.5)

Ahmedabad(570 Kms)

(MPV - 220.63)

Kolkata(1350 Kms)

(MPV - 613.19)

Key Markets

(Distance From Bhopal)

MPV – Market Potential Value

Source: (Reference: RK Swamy)

MP: The Right Place with the Right Environment

MP is centrally located. The State is at an easy distance from

all the key consumer markets in the Country.

DESTINATION MADHYA PRADESH

- Distances rounded off**Source: India Today (September ‘06 Issue)

Fastest mover* in overall

performance among the

big States in the Country.

Fastest mover in agriculture

Fastest mover in

infrastructure development.

Ranks 2nd in terms of

governance.

Ranks 3rd in terms of law &

order

Cost of skilled labour is USD

2.4/day vis-a-vis USD 3.5 –

USD 4.0/day in metros

* Fastest mover is the State where the rate of improvement between 2003 & 2006 was greater than that between 1991 & 2003

Bhopal and Indore have substantial cost

advantages, even when compared to other Tier

III and IV cities.

Savings in Office Space Rates

(A comparison of rates in Central Business Districts)

The cost of land is one of the lowest in the Country. Even central hubs such as Indore and Bhopal fare well against other cities in terms of low land cost.

(Estimated Values for Multi-product SEZs)

Savings in Land Cost

6

Industrial Policy: Catalyst for the InvestmentsThe Government of MP has devised an investor friendly industrial policy,

which is aimed at achieving global competitiveness. The policy emphasizes

on industrial growth in the state through adopting cluster approach,

establishing specialized infrastructure and offering favourable incentives.

The main thrust of this policy is:

• Establishment of a Madhya Pradesh Trade and Investment

Facilitation Corporation which would take decisions about

rationalization of taxes, facilities of mega projects and other related

matters.

• Enacting an Industrial Facilitation Act and to change the rules of

business with a view to make single window system decisive and result

oriented.

• Developing infrastructure for supporting the identified industrial

clusters

• Reviving closed down/ sick industrial units by granting special packages.

• Attractive incentive schemes.

CLUSTER APPROACH

• Indore – Pharmaceutical, Textile, Food Processing, IT, Auto Components

• Bhopal – Engineering, Biotechnology, Herbal, IT, Food Processing

• Jabalpur – Garment, Mineral, Forest & Herbal, Food Processing

• Gwalior – Electronics, IT, FMCG, Engineering, Food Processing

• Rewa – Refractories, Lime Stone, Forest Based

• Sagar – Mineral Processing

• Special package for Mega Projects on project basis by apex level investment promotion empowered committee headed by the Chief Minister.

• Industrial investment promotion assistance – 50% to 75% of commercial tax for 3-10 years

• Concessional registration charges and stamp duty exemption for Term Loans.

• Interest subsidy on term loan for 5 – years @ 3% to 5%.

• For thrust sector industries, 25% capital subsidy would be provided limiting up to a maximum of USD 56,000

• Land on 75% concessive rate for Mega Projects limited to USD 4.4 million.

• Entry tax exemption for 5 years.

• 5 years electricity duty exemption on captive power generation

• 15% capital subsidy to SSI up to USD 33,000 in backward areas

• Infrastructure grant up to USD 0.22 million crore for developing private sector industrial parks

• Partial reimbursement for Project report, ISO Certification, Patent and Technology Purchase cost

SPECIAL INCENTIVES

SP

EC

IALI

ZE

D I

NF

RA

ST

RU

CT

UR

E Crystal IT Park Indore

Food ParksMandsaur, Khargone, Chhindwara, Hoshagabad, Mandla and Bhind

Stone Park Katni

Herbal Park Rewa

Granite Park Chhatarpur

Life Sciences Project Bhopal

Apparel Park Indore (SEZ)

Gems & Jewellery Park Indore

7

Area Developed: 2,492 Hectares

Allotted: 1431 Hectares

Units established: 575

Major Groups: Tata, Ranbaxy, Eicher,

Bridgestone, Hindustan Motors, Kinetic,

SRF, S Kumars, Gajra, Nicholas Piramal,

Indorama, IPCA, Bhilwara

Special Infrastructure: SEZ, Crystal IT

Park, Food Park, Apparel Park

In a bid to build a competitive environment; industries and their ancillaries would be promoted in clusters based on the availability of raw materials,

skilled labour and market potential. Under this Industrial Policy through Madhya Pradesh Audyogik Kendra Vikas Nigam Ltd (MPAKVNs)

scheme, the State Government, has identified industrial clusters. Many of the industrial giants have their establishments in these areas, however 44% of

developed area is still untapped and open for investment.

Total developed area

7,147 Hectares

Total allotted area3,089

Hectares

Total units established

1,360

Growth centres 19

Doing Business Made Easy Through MPAKVNIN

DO

RE

AK

VN




Major Groups:HEG, Crompton

Greaves, P&G, Godrej, Lupin, IFB,

Oswal, Nahar

Special Infrastructure: ICD, Food

Park




Major Groups: JK, Surya Roshini,

Godrej, Grasim, Cadbury, Hotline,

Crompton Greaves

Special Infrastructure: ICD, Food

Park

Area Developed: 273 Hectares



Major Groups: Birla, Jaypee

Special Infrastructure: Integrated

infrastructure development centres

(IIDC)

Area Developed: 790 Hectares



Major Groups: Raymond, Hindustan

Petroleum, PBM, Ayur

Special Infrastructure: Stone Park,

Food Park

BH

OP

AL

AK

VN

GW

AL

IOR

AK

VN

JAB

AL

PU

R A

KV

N

RE

WA

AK

VN

Pithampur, Kheda, Dewas, Maksi, Megh Nagar

Malanpur, Malanpur Phase II, Banmore, Chainpura, Siddhgawan, Pratappura

Rewa, Waidhan

Borgaon, Maneri, Purena

Mandideep, Pillukhedi,

Mandideep Phase II

Source: MPSIDC

Logistics

9

Logistics : Evolving Landscape in India

MP’s Infrastructural Backbone of Logistics Industry

MP. Offers a Strong Value Proposition

MP: A Preferred Investment Destination

Way Forward

Sector Profile : Logistics

10

20092004

14.31

19.54

CAGR 6.38%

Indian Logistics Market Projections Indian logistic market from the manufacturing sector alone is estimated to be around US$ 14.3

bn in 2004 and is expected to increase to US$ 19.54 bn by 2009 with a CAGR of nearly 6.4%.

The contribution of logistics industry to country’s GDP has increased from 7.4% in 1999-00 to

9.3% in 2004-05.

India spends around 13% of its GDP on logistics, compared to a global average of 10-11 %.

Globally better supply chain management has reduced logistics costs by nearly 1% over last 10

years. However Supply Chain Management still remains a very new concept for Indian industries

which are increasingly looking to gain competitive edge by adopting logistics and Supply Chain

Management concepts and practice.

Key trend in the industry is towards outsourcing logistics requirements to Third Party Logistics

(3PL) players. The demand is specially driven by the entry of MNCs and increasing export focus

of Indian companies .The estimated market for 3PL players in 2003 was US$ 250 mn and is

likely to grow at a CAGR of more than 20% during next five years.

Consistent good performance of the economy (over 8% growth rate), is the key force, driving the

growth in the logistics sector. Vibrant economic scenario of the country has ignited the activities

in manufacturing/infrastructure sector. Automotive Efficient supply chain ensures

continuous assembly lines

Manufacturing Just in time approach requires efficient logistics and distribution

FMCG Strong distribution is the key to success

Retail High inventory turnover requires efficient distribution and transportation

Healthcare Cold chains are imperative for distribution of vaccines and biological products

Textiles Efficient distribution reduces costs

US$ Bn

Key Contributing Sectors


Indian companies can

save substantial cost

by adopting modern

supply chain and

logistics solutions

Functions At 13% of GDP

(US$ bn)At 12% of GDP

(US$ bnAmount Saved

(US$ bn

Transportation 32.45 29.95 2.50

Inventory 23.18 21.40 1.78

Packaging 10.20 9.41 0.78

Handling and Warehousing 8.34 7.70 0.64

Others 18.54 17.12 1.43

Total Logistics Costs 92.72 85.58 7.13

Estimated Cost Saving by Reducing Logistics Cost by 1%

*(source: Credit Analysis & Research Limited)

11

Freight Transportation

Warehousing

Packaging

Custom Clearing and Forwarding

Inventory Management

Labeling and Order Processing

Surface Transport

Roads

Railways

Air Transport

Water Transport

Freight

Channels of Logistics

Overview of Logistics Industry

Components of Freight Logistics 2nd largest in the world with a total of more

than 3.34 mn km road length. 200 km of expressway, 66590 km of National

Highway 128,000 km of state highways and 470,000

km of district roads.

Covers almost all parts of the country with routes covering a total length of 63,940 km

20 international airports 180 minor and intermediate airports

6000 km of natural peninsular coastline 12 major ports and 187 minor ports

Ro

ads

Rai

l A

ir

Sea

India’s Infrastructure Snapshot

Major ports handle 90% of seaborne trade

In 2005-06 major ports together have handled 423.41 mn tonnes of cargo traffic out of the total 604.58 mn tonnes of cargo from all ports in the country

Container traffic has gone up by 14.2% during 2000-2005

Cargo handled at airports has gone up at a CAGR of 7.8% from 0.65 mn tonnes in 1995-96 to 1.3 mn tonnes in 2004-05

International cargo handled has increased at 6.8%per annum, while domestic has increased at 9.9 % per annum

5 major airports have accounted for 90% of total cargo handled in the country

15% of passenger traffic and 30% of freight transport

Freight contributes over 65% of its revenue

In 2004-05 it handled 602 mn tonnes of freight

95% of revenue comes from the bulk commodities such as Coal, iron ore, cement, fertilizers and food grain. Coal alone constitutes nearly 50% of all bulk freight

Road transport accounts for 85% of passenger traffic and 70% of freight traffic

Currently Indian roads handles over 1,176 bn tonnes Km of freight per annum

Total number of goods vehicle has increased from 82,000 in 1951 to 4.04m in 2005

WaterAirRailwaysRoads

Snapshot of Logistics Operations via Major Channels


*(source: Business Standard)

12

Delhi 744 km

Mumbai 779 km

Ahmedabad 568 km

Hyderabad 839 km

Bangalore 1401 km

Kolkata 911 km

Pune 802 km

Vadodara 509 kmDis

tan

ces

of

key

Cit

ies

fro

m B

ho

pal

Road Map of MP

0

1000

2000

3000

4000

5000

6000

Raj

asth

an

UP

Mad

hya

Pra

desh

AP

Tam

il N

adu

Mah

aras

htra

Kar

nata

ka

oris

sa

Bih

ar

Guj

arat

State Wise Length of National Highways

3rd largest network of National Highways among states

MP’s Infrastructural Backbone of Logistics Industry

Madhya Pradesh is striving to create state-of-the art infrastructure essential to sustain modern supply chain and logistics industry with a vision to transform the state into a key logistics hub of the country.

Madhya Pradesh has a well developed transport infrastructure of roads, rails and

airports. 5200 km of National Highway runs across the state with total length of the

roads in the state estimated around 67,600 km. The state also has 5000 km of rail

networks with 425 trains passing through the state daily.

MP has 5 operational domestic airports. The Indore airport has the capability to

handle international flights. The mammoth transport infrastructure of the state

provides connectivity with all the key cities and major ports.

Under the National Highway Development Programme of NHAI, 1254 km of the existing

roads are being converted into four lane highway.

Equidistance Connectivity - Key Strength

Km

13

Farmers, 11.45%

Co-orperative Societies, 38.78%

Small Scale Forest Producers, 4.04%

Businessmen, 24.91%

Indian Food Corporation,

5.09%

MP Civil Supplies Corporation,

10.98%

Administrative Organisations,

4.75%Others, 0.00%

Food Grains, 44.17%

Sugar, 0.41%

Other Reserved Capacity, 17.85%

Other Food Items, 2.46%

Oil seeds, 17.90%

Fertilizers, 2.37%

Pulses, 4.98%

Tendu Leaves, 9.86%

Warehousing – A Value Proposition The state requires an immediate addition in capacity at strategic locations

to ensure quality services to the target market.

The partition of the state has affected its warehousing capacity. The

Government is taking several initiatives to promote investments in this

area to rebuild its warehousing and logistics might.

The state offers a lucrative utilisation rates of 80-85%, which can be as

high as 90-95% at strategic locations.

The Governments also invites private developers through lucrative

business value propositions.

The economic growth of the country is further facilitating the growth of

the industry in the State.

Changing Utilisation Trend of Storage Capacity

Item

-wis

e B

reak

-up

of

War

eho

usi

ng

C

apac

ity

2005

-06

-

200,000

400,000

600,000

800,000

1,000,000

1,200,000

1,400,000

1,600,000

1,800,000

1993

-94

1994

-95

1995

-96

1996

-97

1997

-98

1998

-99

1999

-00

2000

-01

2001

-02

2002

-03

2003

-04

2004

-05

2005

-06

70%

75%

80%

85%

90%

95%

MP Warehousing & Logistics Corporation Warehousing Utilisation Capacity Utilsation

Cap

acit

y U

sag

e &

Uti

lizat

ion

Rat

e

Farmers, 10.25%

Co-orperative Societies, 8.09%

Small Scale Forest Producers,

23.76%

Businessmen, 16.46%

Indian Food Corporation,

5.09%

MP Civil Supplies Corporation,

17.13%

Administrative Organisations,

2.63%

Others, 16.59%

2003-042003-04 2005-062005-06

Partition of State

14

Warehousing - Building Capacity Along with the logistical hub for the Country, MP also

has a substantial internal demand for warehousing.

Post partition, around 32% of states capacity was

given to Chhattisgarh. This has created a significant

shortage in warehousing capacity.

Government is taking several initiatives to upgrade

the existing capacities and building capacities in the

State.

Madhya Pradesh Warehousing & Logistics

Corporation is the nodal agency of the GoMP with 1.2

million MT of capacity and presence in 232 locations.

Government also invites private players to take part in

its drive to position MP as the logistical hub of the

Country.

The Government has identified 11 locations as the

hubs requiring immediate attention and have the

capacity to become the major distribution centers for

logistical activities and management. Further, 23 other

locations require capacity building to meet

requirements.

Based on estimated demand an additional capacity of 2.16 Million MT was to be generated between

2002-06. However, only ~ 1 million MT was created during the same period. Hence, there is a

shortfall of 1.6 million MTs in capacity.

Most Suitable Locations - Identified hubs for capacity building on the basis of expected demand, urgency of demand, road-rail connectivity and availability of land.

Other Potential Locations - Identified on the basis of expected demand, road-rail connectivity and availability of land.

The Proposed Hubs For Logistics & Warehousing

15

Geographic location

Being centrally located, MP provides inherent advantage as a logistic and distribution hub for companies

Linkage with other cities

Well connected through roads, rail and by air with other major cities

Convenient linkages to Kandla Port, Jawahar Nehru Port etc.

Infrastructure

MP has well developed transport infrastructure. Indore airport has the potential to handle international

flights, international airport is also proposed at Bhopal

Skilled labour Cost of labour US$ 2.3 per day as compared to US$ 3.5-

4 per day at metros

Labour peace Man days lost due to strikes & lockouts is less than 0.5%

of the total available man days

Key Ingredients of a Logistic Hub

MP

ha

s A

dv

an

tag

e A

cro

ss

All

MP Offers a Strong Value Proposition Central location of MP facilitates equidistance connectivity

with major Indian cities. The strategic location is the key incentive

for various industries to establish their logistics hub in the state.

MP is the connecting link between the northern & southern

states and eastern & western states of the Country. All major

highways and rail routes passes through the state.

On completion, the North-South and East-West corridor

passing through the state will provide further impetus to the

logistics sector due to improved connectivity with key metro cities.

Companies can save a maximum of 25% of the transportation

cost by locating their warehouse in MP via locating it in North.

Similarly saving of 17%, 23% and 16% can be made in MP via

locating it in southern, eastern and western part of the country.

Since 90% of the operational cost of a logistics company lies in

transportation, substantial savings can be made by locating the

company in the central region.

The peaceful labour environment in the state makes MP a

favorable business destination.

Well developed infrastructure of roads and airports facilitates

timely and expedite movement of goods across the country.

MP’s inherent strength coupled with advantage of connectivity and cost makes it an ideal investment destination

North South East West Central

Distance Distance Distance Distance Distance

North 450 2100 1400 1250 750

South 2100 350 1500 1200 1300

East 1400 1500 400 2000 1250

West 1250 1200 2000 350 800

Central 750 1300 1250 800 300

Matrix of Distance From Central vis-à-vis Others parts of country

16

MP : A Preferred Investment Destination MP provides an ideal combination of location, cost and infrastructure, factors critical for the

efficient operations of the logistics industry. The State offers opportunities for logistic

service providers specially the 3PL players as more and more companies are outsourcing

their logistics requirements to specialized companies.

The Container Corporation of India has three operational inland ports in the state, at

Mandideep Bhopal, Pithampur Indoor and Malanpur Gwalior.

Companies in the FMCG, manufacturing and textiles, sectors are increasingly looking at

MP for establishing their storage and distribution networks.

Major Auto Manufacturing Hub

Hub for Manufacturing Radial Tyres in India

Largest Soya Processing Hub

FMCG Consumer Electronics Hub

Pharmaceutical and Herbal Product Hub

Rapidly Growing Textiles and Apparel Hub

Gems and jewellery Center

Proposed MP’s Sectoral Hub Government Proactive Initiatives

Lo

gis

tics

Dep

end

ent

Sec

tors

Infrastru

cture is th

e keyFor entire FMCG products

P&G have located their central warehouse in

Bhopal

Malanpur, Gwalior

Pithampur, Indore

Mandideep, Bhopal

Container Corporation of India has 3 operational dry ports in Madhya Pradesh

MP 3C’s Cost Advantage

Creative Conducive and Competitive business environment to support

your business

Proctor & Gamble, the international FMCG giant choose Bhopal to located their central

warehouse for all FMCG products. The cost saving due to critical location has helped the

company in slashing the price of their products, thus gaining a vital competitive edge in the

price sensitive market.

Cost

Connectivity

Conveyance

More than 1200 kms of National Highways being 4-laned under the NHDP

13 strategic stretches of State Highways covering 1871 kms being upgraded through BOT

MP Road Development Corporation constituted to spearhead road development in the state

5500 kms of fibre-optic network laid

Indore & Bhopal Airports are being upgraded as International Airports

17

Material Handling & Storage

Transport Services

Trading and Regulatory Points

Tra

din

g

Ho

use

Rep

air

and

M

ain

ten

ance

Parkin

g S

pace

Office &

So

cial in

frastructu

re

Handling Facilities Octroi/Sales Tax check points

Warehouses

CFS / ICD

Refrigerated Storage

Integrated Ware-housing Hub

Central Warehouse

Inland Container Ports

Integrated Transportation Hub

Cold Chain Facilities

Key

Inve

stm

ent

Op

po

rtu

nit

ies

Madhya Pradesh offers multiple opportunities in the logistics sector specially for

companies engaged in manufacturing and distribution activities.

A central warehousing facility would facilitate uninterrupted supply of raw materials and

speedy distribution of finished goods across the country. Decrease in lead time will

further result in substantial cost saving for the company.

Cold chain facilities have the potential to cater to the needs of pharmaceutical,

biotechnology and food processing companies. A central unit will facilitate distribution

in the wider area without locking investment in creating such expensive facilities in

multiple places.

Madhya Pradesh State Industrial Development Corporation (MPSIDC) is planning to

construct a state-of-the-art Integrated Transport Terminal, which will provide one stop-

shop solution for all the logistics requirements of a company. The State Government is

willing to partner with private players, foreign investors and other domestic and

international companies in its endeavour.

The investment opportunities are ideal specially for 3rd Party Logistics and 4th Party

Logistics services provider to make MP as the key hub for their various services

component operations.

Way Forward

Proposed MPSIDC project

The untapped opportunities of the sector has the potential to render key competitive and strategic advantage for companies establishing their logistics operations in Madhya Pradesh.

18

Connecting Further

M.P. State Industrial Development Corporation

Madhya Pradesh Road Development Corporation Ltd.

Madhya Pradesh Portal

Government of Madhya Pradesh

http://mpsidc.org,com

http://www.mprdc.nic.in

http://www.mp.nic.in/

http://www.mpgovt.nic.in

Madhya Pradesh Warehousing & Logistics Corporation www.mpwarehousing.com

1 Madhya Pradesh: Means Business Logistics Industry.

Documents

Transcript of 1 Madhya Pradesh: Means Business Logistics Industry.