The accident took place near Pachore when the Indore-bound private bus collided with the milk tanker coming from the opposite direction, police inspector Sunil Sharma said.
32-year-old bus cleaner Kalu Mewade died enroute to hospital. The injured persons were admitted to a primary health centre at Pachore, he said.
The bus driver fled from the spot after the mishap, police said, adding that a case has been registered in this regard and efforts are on to nab the driver.