Promoting Investment in Chhattisgarh: CM Sai Invites Industrialists
Raipur, March 1
“Come to Chhattisgarh, invest here, and be a part of the mission to build a developed state,” said Chief Minister Shri Vishnu Deo Sai while addressing the Industry Dialogue program in Nava Raipur today. With the implementation of the new industrial policy, the state government has already received investment proposals worth over ₹1.23 lakh crore. The government is committed to “Minimum Administration, Maximum Incentives” by providing an investor-friendly environment and comprehensive support.
During the event, the Chief Minister launched the RAMP (Raising and Accelerating MSME Performance) Scheme, a major initiative by the Government of India to support Micro, Small, and Medium Enterprises (MSMEs) in the state. Additionally, under the Prime Minister Employment Generation Program (PMEGP), financial assistance of over ₹2.21 crore was distributed to 9 beneficiaries. Three beneficiaries under the Prime Minister’s Micro Food Processing Scheme received over ₹55 lakh, while 16 investors were handed “Invitation to Invest” letters.
Complete Industrial Transformation Under Chhattisgarh Vision 2047
The Chief Minister highlighted that Prime Minister Narendra Modi has envisioned a fully developed India by 2047, and Chhattisgarh is aligning with this vision through Chhattisgarh Vision 2047. He emphasized that under Ease of Doing Business, the processes for approvals, permits, and renewals have been significantly simplified, leading to a surge in investments in the state.
Shri Sai announced that the government is establishing new industrial parks, making it easier for investors to set up industries. Seven new small industrial zones have already been established, while work is underway on four large industrial zones. The Nagarnar Steel Plant in Bastar is creating immense opportunities for ancillary units, and a new industrial park spanning 118 acres is being developed in Niyanar, near Nagarnar, to support these industries.
Chhattisgarh: A Prime Investment Destination
Since the launch of the new industrial policy, investment outreach programs have been conducted in Raipur, Delhi, and Mumbai, attracting significant investor interest in Chhattisgarh. The policy has resulted in investment proposals exceeding ₹1.23 lakh crore, with over 50 entrepreneurs receiving investment certificates.
Shri Sai emphasized that Chhattisgarh is rich in mineral resources, a power-surplus state, and boasts excellent connectivity as the central hub of India. He asserted that strong policies and transparent governance have made the state an ideal investment destination.
Special Incentives for Emerging Industries
The Chief Minister announced special incentives for AI, IT, data centers, and robotics industries, along with pharmaceutical and ready-made garment sectors under the new industrial policy. He expressed satisfaction with receiving proposals for semiconductor, data center, and AI-based industries.
Highlighting Chhattisgarh’s economic growth, he noted that over the past 25 years, the Gross State Domestic Product (GSDP) has grown 20 times, reaching ₹5 lakh crore. The state government is also focusing on increasing capital expenditure to accelerate development.
Government’s Commitment to Industrial Growth
Industry Minister Shri Lakhan Lal Devangan reaffirmed that the state government is taking proactive steps across all sectors to fulfill Prime Minister Modi’s vision. The new industrial policy has invited external investors, ensuring employment opportunities for Chhattisgarh’s youth. He also announced the release of ₹489 crore in pending grants to 1,049 small and large industries over the past six years.
At the Investors’ Dialogue, 16 investors received “Invitation to Invest” letters, paving the way for investments worth ₹11,733 crore, which is expected to generate over 9,000 jobs. Additionally, five trainees from the Entrepreneurship Development Institute of India (EDII) received certification.
The event was addressed by Chief Secretary Shri Amitabh Jain, Chief Minister’s Principal Secretary Shri Subodh Singh, EDII Director General Dr. Sunil Shukla, and MSME Director Ms. Ankita Pandey. Industry Department Secretary Shri Rajat Kumar delivered the welcome address, outlining key policies and achievements.
The event was attended by Chief Minister’s Secretary Shri Rahul Bhagat, officials from the Industry Department, and a large gathering of entrepreneurs and investors.