Hyderabad: Chhattisgarh has secured seven investment proposals worth Rs 9,580 crore across sectors such as data centres, cement, semiconductors, solar equipment, textiles, pharmaceuticals and dairy from investors in Telangana, Chhattisgarh chief minister Vishnu Deo Sai said here on Friday.
Speaking to mediapersons after an investor connect meet conducted by the Chhattisgarh government in partnership with the Confederation of Indian Industry (CII) here, the Chhattisgarh CM said these investments have the potential to generate over 7,800 jobs.
Key Investment Proposals
Hypernext Data Center Limited proposed Rs 4,200 crore for setting up a modern data centre, creating 250 jobs. Feegrade and Company Private Limited proposed Rs 2,912 crore in the cement sector with potential employment for 4,000 people. Nivai Labs Private Limited proposed Rs 1,000 crore for semiconductor and GPU infrastructure, with job creation of around 200.
SG Mart Limited offered Rs 700 crore for solar structure component manufacturing, generating about 450 jobs. Shri Saravana Mills Private Limited proposed Rs 528 crore for textiles, expecting to employ 2,500 people. Kabra Drugs proposed Rs 200 crore in pharmaceutical manufacturing, creating 250 jobs. Dinshaw’s Dairy Foods Private Limited proposed Rs 40 crore for milk processing and value addition, with 150 jobs.
The Chhattisgarh CM handed over invitation-to-invest letters to these investors and urged other companies from Telangana to invest in his state, which has “rolled out the red carpet” for industry.
Industrial Policy and Thrust Areas
He said Chhattisgarh’s new industrial policy offers streamlined approvals, a single-window system, infrastructure support and investor-friendly policies. Pointing out that Hyderabad’s rise as a technology and innovation hub was an inspiration for Chhattisgarh’s own roadmap in IT, manufacturing and services, he said his state has identified sectors such as electronics manufacturing, defence and aerospace, IT and ITeS as thrust areas with more sops being offered to investors in these sectors.
He said investment roadshows and outreach programmes in Indian cities and in countries such as Japan and South Korea helped Chhattisgarh draw proposals to the tune of over Rs 8 lakh crore, including Rs 3.5 lakh crore in energy, in just the past two years.
Naxal-Free State and Mineral Wealth
Pointing out that the state is now free of the Naxal problem, he said it is rich in mineral resources such as iron ore, coal, bauxite, lithium, gold and diamonds, among others.
Meetings with Industry Leaders
The Chhattisgarh CM, who is leading the delegation that includes Chhattisgarh’s commerce and industries minister Lakhan Lal Dewangan, also held one-to-one meetings with Telangana Inc honchos including Ramky Group chairman Ayodhya Rami Reddy for discussions on potential industrial and infrastructure investments in Chhattisgarh.
He also met executives from Page Industries, Axis Energy Group, Delta Electronics, Celkon, MagnumWings, Clean Harbors, CSR Estates and Dodla Dairy. Chhattisgarh government officials said senior representatives of companies such as Bharat Biotech, IBM and Google also evinced interest in meeting the CM in Raipur at a later date.
