In a significant boost to its industrial development, Chhattisgarh has successfully secured investment commitments worth ₹33,321 crore during the Ahmedabad Investors Connect Meet held recently. The event marked another milestone in the state's ongoing efforts to position itself as a preferred investment destination.
Major Investment Proposals and Job Creation
The investment proposals spanning across multiple sectors are projected to generate approximately 10,532 employment opportunities for the people of Chhattisgarh. The diverse nature of investments indicates the state's broadening industrial base beyond traditional sectors.
Torrent Power Ltd. emerged as the largest investor with a massive commitment of ₹22,900 crore for establishing a 1,600 MW thermal power plant. This single project alone is expected to create around 5,000 jobs, significantly contributing to the local economy.
Other notable proposals include Onix-Three Enersol Private Ltd. planning a ₹9,000 crore investment in green hydrogen and steel manufacturing, while Mala Creation Pvt. Ltd. and Sapphire Semicon Pvt. Ltd. presented plans for developing solar and semiconductor units respectively.
Government Reforms and Investor Confidence
Chief Minister Vishnu Deo Sai, while addressing the gathering, emphasized the state government's commitment to creating a business-friendly environment through their approach of "speed, stability, and support". This strategy has significantly streamlined approval processes and enhanced investor confidence.
The CM revealed that the state administration has implemented more than 350 reforms within less than two years, focusing particularly on simplifying clearance procedures and offering incentives for industries establishing operations in tribal regions.
Officials highlighted that since the introduction of the new industrial policy, Chhattisgarh has received cumulative investment commitments exceeding ₹7.5 lakh crore. The energy sector has shown particularly strong interest, with the state securing ₹3.5 lakh crore in proposals during its recent Energy Summit.
Future Growth Areas and Development Plans
Chief Minister Sai outlined the state's vision for developing Nava Raipur as a hub for IT, data centers, and semiconductor manufacturing. Additionally, the recognition of tourism as an official industry has opened new opportunities in hospitality and wellness sectors.
The Ahmedabad event saw participation from senior state officials and representatives from major industrial houses. This gathering follows similar successful investor outreach programs conducted in Delhi, Mumbai, Bengaluru, Chennai, and Raipur, demonstrating the state's consistent efforts to attract long-term private investment.
The successful investment meet in Ahmedabad underscores Chhattisgarh's growing prominence as an emerging industrial powerhouse in India, with strategic focus on both traditional and future-ready sectors that promise sustainable economic growth and employment generation.
