At an investor connect meet held on January 23, 2025, the Chhattisgarh government announced investment proposals amounting to ₹6,000 crore across diverse sectors, including plastics, textiles, IT, and food processing. This development highlights the state’s growing appeal as an investment destination under its progressive industrial policies.
Major Highlights
Key Investment Proposals
- Ambuja Cement: The largest proposal came from Ambuja Cement, valued at ₹2,367 crore.
- Other Sectors: Significant investments were pledged in plastics, textiles, IT, and food processing, signaling broad-based industrial growth.
Government Initiatives
Chief Minister Vishnu Deo Sai actively engaged with US and Russian diplomats to explore collaboration opportunities in key sectors like health, education, IT, and tourism. These interactions underscore Chhattisgarh’s focus on fostering international partnerships to drive economic growth.
New Industrial Policy Impact
Since the launch of Chhattisgarh’s new industrial policy, the state has received investment proposals worth ₹1 lakh crore through various investor meetings in Raipur, Delhi, and Mumbai. Key policy measures include:
- Streamlined NOC Process: Simplification of obtaining no objection certificates for businesses.
- Single-Window Clearance: A centralized system to expedite approvals and reduce bureaucratic delays.
- Special Incentives: Focused benefits for electronics, pharmaceuticals, textiles, and agro-processing sectors.
Upcoming Industrial Hub
The government has unveiled plans to develop a new industrial hub near the Nagarnar Steel Plant in Bastar. This hub will:
- Cover 118 acres of land.
- Focus on fostering small and medium enterprises (SMEs).
- Serve as a catalyst for regional industrialization.
Additionally, Bastar and Surguja have been identified as priority regions for industrial growth, with targeted efforts to enhance infrastructure and attract investments.
Vision for Growth
The Chhattisgarh government’s proactive measures and investor-friendly policies are paving the way for substantial economic growth. With a focus on strategic sectors and regional development, the state aims to emerge as a key player in India’s industrial landscape.
The investor connect meet is a testament to the state’s commitment to building a robust industrial ecosystem, creating jobs, and boosting socio-economic development in the region.