Raipur, November 4<\/p>\n
In a powerful showcase of its growing innovation economy, the Government of Chhattisgarh\u2019s Department of Commerce and Industries hosted \u201cChhattisgarh TechStart 2025\u201d, a landmark initiative designed to connect startups, investors, and technology enablers while positioning the state as a rising hub for IT and ITeS investments.<\/p>\n
The event, held in Nava Raipur, sought to strengthen the state\u2019s profile as a preferred destination for digital industries, tech-enabled services, and innovation-driven enterprises.<\/p>\n
Chief Minister Shri Vishnu Deo Sai outlined his vision for an innovation-led Chhattisgarh, stating that the state is \u201centering a new era of growth \u2014 one driven by innovation.\u201d He added, \u201cThrough Chhattisgarh TechStart, we aim to build a bridge between ideas and investments, creating opportunities that empower our youth and accelerate economic transformation.\u201d<\/p>\n
Highlighting the momentum of industrial progress, the Chief Minister revealed that Chhattisgarh has received investment proposals worth \u20b97.5 lakh crore in the last ten months, a reflection of the growing investor confidence in the state. The Industrial Development Policy 2024\u201330, he noted, is designed to be investor-friendly and pro-development, fostering both industrial expansion and entrepreneurship across emerging sectors.<\/p>\n
Reaffirming the government\u2019s commitment, Minister of Commerce & Industries Shri Lakhan Lal Dewangan emphasized the state\u2019s focus on nurturing a robust technology ecosystem. \u201cOur focus is on creating an environment where startups can thrive and investors can find scalable opportunities in Chhattisgarh,\u201d he said.<\/p>\n
The event brought together senior officials from Software Technology Parks of India (STPI) and MeitY Startup Hub, along with leading voices from India\u2019s technology and innovation community. Discussions centered on collaboration opportunities, digital transformation strategies, and investment partnerships in the IT and ITeS domains.<\/p>\n
More than 250 investors, incubators, and innovators from across India participated, marking one of the state\u2019s largest innovation networking events to date. With its strong digital infrastructure and strategic location, Chhattisgarh is rapidly emerging as a magnet for next-generation investments \u2014 including India\u2019s first AI Data Centre Park and the state\u2019s first Semiconductor Manufacturing Unit, both coming up in Nava Raipur. These flagship projects are expected to transform the state into a nucleus for advanced technology, data innovation, and high-value employment.<\/p>\n
*Key Announcements*<\/p>\n
The state government announced six strategic partnerships to accelerate startup and innovation growth \u2014 with the MeitY Startup Hub, National Innovation Foundation, Wadhwani Foundation, NASSCOM Foundation, Startup Middle East, and Carve Startup Labs. These collaborations aim to connect Chhattisgarh\u2019s startups with mentorship, global networks, and funding access, bridging the gap between innovation and opportunity.<\/p>\n
*Startup Incentives under the Industrial Development Policy 2024\u201330*<\/p>\n
The startup support package unveiled under the new policy includes Seed funding of up to \u20b95 lakh per startup, Operational support of up to \u20b93 lakh after six months of functioning, and Development support of up to \u20b93 lakh after 18 months.<\/p>\n
To further bolster entrepreneurship, the government has instituted a \u20b950 crore Startup Corpus Fund and a \u20b950 crore Credit Risk Fund, alongside a 40% rental subsidy for three years and 100% stamp duty exemption for startups.<\/p>\n
For incubators, the state announced capital assistance of up to \u20b940 lakh and annual operational support of \u20b93\u20135 lakh for five years, ensuring sustained ecosystem development and institutional continuity.<\/p>\n
The event concluded with the felicitation of Chhattisgarh Ideathon 2025 winners, recognizing visionary innovators and incubators who are shaping the state\u2019s entrepreneurial future.<\/p>\n
With Chhattisgarh TechStart 2025, the state reaffirmed its commitment to building a future-ready, innovation-driven economy, setting the stage for Chhattisgarh to emerge as a national hub for IT, ITeS, and technology investments – a place where ideas are nurtured, capital finds purpose, and innovation fuels progress.<\/p>\n","protected":false},"excerpt":{"rendered":"
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