Chhattisgarh Rolls Out Red Carpet for Investors with New Industrial Policy: CM Vishnu Deo Sai
Raipur, December 4
Chhattisgarh offers vast opportunities for setting up new industries, with abundant mineral resources, a favorable industrial environment, and an inclusive industrial development policy for 2024-30, crafted after discussions with industry representatives. The new policy simplifies the process of establishing industries and includes multiple provisions to encourage industrial growth.
“With this new industrial policy, Chhattisgarh has opened its doors wide for investors. Complexities of investment are now a thing of the past, thanks to the single-window system,” said Chief Minister Vishnu Deo Sai while addressing the “Stakeholder Connect Workshop on Chhattisgarh’s Industrial Development Policy 2024-30” in Nava Raipur.
The Chief Minister emphasized the importance of industrial development for achieving Prime Minister Narendra Modi’s vision of a developed India by 2047.
“To contribute to this goal, we must create a developed Chhattisgarh,” he said, adding that industrial investment across various sectors would generate employment opportunities for the state’s people.
Industry Minister Lakhhan Lal Devangan, presiding over the event, said the policy has been designed under CM Sai’s leadership and inspired by PM Modi. “Suggestions from industrialists were incorporated into the policy, ensuring not only investment but also employment and the establishment of new industries in the state.”
NITI Aayog’s Senior Advisor Sanjit Singh remarked that Chhattisgarh has become a preferred destination for investors, with the new policy earning praise for fostering sustainable industrial development. The policy focuses on strengthening MSMEs and introduces incentive schemes for investment in new sectors. Employment generation is a key aspect of this policy.
During the event, CM Sai handed over “Intent to Invest” letters for proposals worth ₹32,225 crore to 27 major industrial groups. Investments will span core sectors and emerging fields such as IT, AI, data centers, ethanol production, electronics, electricals, and compressed bio-gas. Companies like Shivalik Engineering, Maa Durga Iron & Steel, ABREL Green Energy, RAG Ferro Alloys, Reliance Bio Energy, Yash Fans & Appliances, Shanti Greens Biofuel, and Rec Bank Data Center are among the participants.
Chief Secretary Amitabh Jain stated that the policy prioritizes employment generation, export promotion, and simplifying approval processes for industries. Commerce and Industry Secretary Rajat Kumar highlighted that the policy provisions are aligned with the state’s priorities and designed to accelerate industrial development.
A panel discussion held during the event focused on employment-driven industrial development, including infrastructure, policy support, and reducing procedural requirements for industry establishment. Representatives from various industrial organizations and officials were also present at the workshop.