Chhattisgarh attracted Rs 7.5 lakh crore investment proposals in 10 months: CM Vishnudeo Sai
In New Delhi on November 11, Chhattisgarh’s Chief Minister Vishnudeo Sai announced that the state’s fresh industrial policy has already attracted a staggering Rs 7.5 lakh crore in investment proposals within just ten months. The news came after the “Chhattisgarh Investor Connect” event, held in Ahmedabad, where the government showcased why the state is becoming a new destination for industry and investors.
During the press conference, Sai highlighted that the policy’s clear incentives and streamlined approval process are working. “We launched the policy to make Chhattisgarh a friendly place for business,” he said. “It’s already paying off—businesses have submitted proposals worth around Rs 7.5 lakh crore in just under a year.”
At the event, the state signed Memoranda of Understanding with roughly eight companies, adding fresh commitments worth Rs 33,000 crore. “Entrepreneurs from Gujarat were excited to join,” Sai added. “Chhattisgarh has everything businesses need—coal, reliable electricity, plentiful water, and skilled workers—making it a perfect spot to set up factories.”
The chief minister also used the event’s buzz to hit the social‑media track. On X, he shared that he met with Devanshu Gandhi, managing director of the Vadilal Group. The two discussed a food‑processing venture that would launch ice‑cream, frozen foods, and other products in the state.
In a separate tweet, Sai reported a meeting with Jinal Mehta, vice‑president of the Torrent Group. Torrent praised Chhattisgarh’s investment climate and revealed plans to invest roughly Rs 22,900 crore in power projects and an additional Rs 200 crore in the pharmaceutical sector.
Beyond business talks, Sai took part in the Bharat Parv celebrations at Ekta Nagar, Gujarat, marking the 150th birth anniversary of Sardar Vallabhbhai Patel. “Bharat Parv brings together states from across India,” he said, noting that Chhattisgarh’s pavilion highlighted local culture, textiles, and cuisine.
The chief minister concluded that the growing number of investor commitments shows Chhattisgarh is stepping up as a major industrial hub in central India. The state’s proactive policies, abundant natural resources, and a growing skilled workforce are turning the region into a magnet for investors worldwide.
Source: ianslive
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