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Chhattisgarh Gets Rs 9,580 Cr Investment Proposals

Chhattisgarh is fast emerging as one of the most preferred investment destinations.

India CSR by India CSR
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Vishnu Deo Sai
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Over 7,800 Jobs Expected in IT, Textiles, Data Centre, Pharma and Other Sectors

HYDERABAD (India CSR): Chhattisgarh has received investment proposals worth Rs 9,580 crore from seven major companies during the ‘Chhattisgarh Investor Connect’ held in Hyderabad, officials said on Friday.

The proposed investments are expected to generate more than 7,800 employment opportunities in sectors such as data centres, cement, semiconductors, GPU infrastructure, solar equipment manufacturing, textiles, pharmaceuticals and dairy processing.

Chief Minister Vishnu Deo Sai, who attended the event, invited industrialists and investors to invest in Chhattisgarh and said the state was emerging as a growth engine of a developed India.

“Chhattisgarh is ready with a red carpet for investors. The state offers industry-friendly policies, better infrastructure, single-window clearance and simplified procedures,” Sai said.

Chhattisgarh Commerce and Industries Minister Lakhan Lal Dewangan, senior industrialists, investors and business representatives from South India were present at the programme.

Addressing the gathering, Sai said that after the implementation of the new industrial policy, Chhattisgarh has received investment proposals of more than Rs 8 lakh crore through investor connect programmes held in Delhi, Mumbai, Bengaluru, Japan and South Korea.

The state government is working at a fast pace to convert these proposals into projects on the ground, he said.

The Chief Minister said Chhattisgarh is fast emerging as one of the most preferred investment destinations in the country. He said Hyderabad has achieved remarkable growth in sectors such as IT, pharmaceuticals, biotechnology and aerospace, and added that entrepreneurs from both states can work together to explore new opportunities.

Sai said Chhattisgarh, located in central India, has the potential to become a major logistics hub. The state is surrounded by seven states and provides direct access to more than 60 crore consumers.

He said the state’s railway network, Bharatmala project connectivity, air cargo facilities and rich mineral resources make it highly suitable for industries.

The Chief Minister also said Chhattisgarh is among the leading states promoting green steel. The state has received investment proposals worth more than Rs 3.5 lakh crore in the energy sector, which is helping it emerge as a major power hub of the country.

During the event, Sai handed over ‘Invitation to Invest’ offer letters to seven companies.

The biggest proposal came from Hypernext Data Centre Limited, which proposed an investment of Rs 4,200 crore to set up India’s first dedicated disaster recovery data centre campus in Chhattisgarh. The project is expected to strengthen the state’s digital infrastructure and generate around 250 jobs.

Fegrade and Company Private Limited proposed an investment of Rs 2,912 crore in the cement sector, which is likely to create employment for about 4,000 people.

Niwai Labs Private Limited proposed an investment of Rs 1,000 crore to develop facilities related to artificial intelligence, GPU infrastructure, advanced computing and semiconductor assembly. The project is expected to generate around 200 jobs.

SG Mart Limited proposed an investment of Rs 700 crore in solar equipment manufacturing, which may create around 450 jobs.

Shri Saravana Mills Private Limited proposed to invest Rs 528 crore for setting up a modern textile and garment manufacturing unit. The project is expected to provide employment to about 2,500 people.

Kabra Drugs proposed an investment of Rs 200 crore in the pharmaceutical sector, while Dinshaw’s Dairy Foods Private Limited proposed an investment of Rs 40 crore in dairy processing. These projects are expected to generate around 250 and 150 jobs, respectively.

During his Hyderabad visit, Sai and the state delegation also held meetings with senior officials of several leading companies, including Page Industries, Delta Electronics, Axis Energy, Celkon Group and Magnum Wings.

The discussions focused on investment opportunities in Chhattisgarh, available industrial facilities and the state government’s investor-friendly policies.

Representatives of the Swaminarayan Gurukul organisation also met the Chief Minister and discussed a proposal to set up a 650-bed charitable hospital at Tatibandh in Raipur.

At the Investor Connect programme, opportunities in emerging sectors such as IT, data centres, semiconductors, electronics, pharmaceuticals, aerospace and defence, global capability centres and advanced manufacturing were showcased before investors.

Officials said investors showed keen interest in these sectors.

S. No.CompanySector / ProjectProposed InvestmentExpected Jobs
1Hypernext Data Centre LimitedDedicated Disaster Recovery Data Centre CampusRs 4,200 crore250
2Fegrade and Company Pvt. Ltd.Cement SectorRs 2,912 crore4,000
3Niwai Labs Pvt. Ltd.AI, GPU Infrastructure, Advanced Computing and Semiconductor AssemblyRs 1,000 crore200
4SG Mart LimitedSolar Energy Equipment ManufacturingRs 700 crore450
5Shri Saravana Mills Pvt. Ltd.Textile and Garment Manufacturing UnitRs 528 crore2,500
6Kabra DrugsPharmaceutical SectorRs 200 crore250
7Dinshaw’s Dairy Foods Pvt. Ltd.Dairy ProcessingRs 40 crore150
TotalRs 9,580 crore7,800
Tags: Chhattisgarh
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