Madhya Pradesh has experienced strong economic growth with its GSDP growing at a CAGR of 11.86% from 2005-06 to 2015-16. The state is rich in natural resources such as coal, diamonds, copper and limestone. It also has potential for tourism due to its cultural heritage and forests. The central location of Madhya Pradesh provides good connectivity and infrastructure support. Various government policies and initiatives aim to promote sectors like automotive, textiles, biotechnology, cement, tourism and solar power.