Chhattisgarh Chief Minister Vishnu Deo Sai on Friday (24 January) held discussions with US Consul General Mike Hankey and Russian Consul General Ivan Y Fetisov to explore foreign direct investment (FDI) opportunities in health, education, IT, and tourism.
During the second leg of the investment meet in Mumbai on Friday, Chhattisgarh attracted Rs 6,000 crore in industrial proposals spanning plastic, textiles, IT, and food processing sectors.
Ambuja Cement led the investment drive with a proposal worth Rs 2,367 crore.
The Chief Minister highlighted the success of the state’s new Industrial Policy (2024-30), which has drawn investments totalling Rs 1 lakh crore from Investor Connect meets in Raipur, Delhi, and Mumbai.
He stated that the motto “Minimum Governance, Maximum Incentives” had been adopted to make the policy the preferred choice for investors.
The policy offers streamlined clearances through a single-window system and tailored incentives for industries with investments of Rs 1,000 crore or those employing over 1,000 people.
Key provisions include permanent capital investment subsidies of 30 per cent-50 per cent, SGST reimbursement, employment support, and training expense reimbursements.
Emerging sectors like Artificial Intelligence, Robotics, Green Hydrogen, and IT are receiving special focus.
A new data centre in Nava Raipur aims to bolster the city’s transformation into an IT hub.
The state also announced plans for a pharmaceutical park in Nava Raipur, set to become Central India’s largest.
Major industrial groups have shown interest, including Welspun Group (Rs 500 crore in plastic and textiles), Kritech Technologies (Rs 600 crore in IT), and Bombay Hospital Trust (Rs 700 crore in healthcare).
Drools Company proposed a Rs 625 crore investment in pet food production and solar power.
The Chief Minister also announced a new 118-acre industrial area in Niyanar, near the Nagarnar Steel Plant, to boost MSMEs.
Bastar and Surguja have been designated priority regions, with incentives like royalty discounts on iron and coal.
