Chhattisgarh Secures Rs 9,580-Cr Investment Proposals at Hyderabad Investors Meet
Hyderabad, June 12 (TNT): Chhattisgarh attracted investment proposals worth Rs 9,580 crore across sectors including data centres, semiconductors and GPU infrastructure, solar energy equipment, textiles, cement, pharmaceuticals and dairy at the state’s Investors Connect roadshow held here on Friday.
The proposals, received from seven companies, are expected to generate around 7,800 direct jobs, reflecting growing investor confidence in Chhattisgarh’s industrial ecosystem and investor-friendly policies.
Chief Minister Vishnu Deo Sai handed over “Invitation to Invest” letters to prospective investors at the event attended by Commerce and Industries Minister Lakhan Lal Dewangan, industry leaders and business representatives from southern India.
Addressing the gathering, Sai said Chhattisgarh was emerging as a preferred investment destination owing to streamlined approvals, a robust single-window clearance mechanism, strong infrastructure and industry-friendly policies.
Inviting Hyderabad-based companies, particularly in the IT, pharmaceutical and logistics sectors, to invest in the state, he assured them of policy support and a conducive business environment.
“Chhattisgarh has rolled out the red carpet for investors. Hyderabad’s journey from an emerging IT destination to a global technology and innovation hub is inspiring. Chhattisgarh is following a similar roadmap and is already witnessing encouraging growth in IT, manufacturing and services,” he said.
The Chief Minister said the state government had conducted investor outreach programmes across major Indian cities and in countries such as Japan and South Korea, resulting in investment proposals exceeding Rs 8 lakh crore.
Highlighting the state’s industrial strengths, he said Chhattisgarh was emerging as a leader in green steel production and strengthening its position as a national power hub. The state has received investment proposals worth Rs 3.5 lakh crore in the energy sector, he added.
Among the investment proposals announced at the roadshow, Hypernext Data Center Limited proposed to invest Rs 4,200 crore in setting up a modern data centre, expected to generate around 250 jobs.
Feegrade and Company Private Limited submitted a proposal to invest Rs 2,912 crore in the cement sector, with the potential to create around 4,000 employment opportunities.
Nivai Labs Private Limited proposed an investment of Rs 1,000 crore in semiconductor and GPU infrastructure, a project expected to generate around 200 jobs.
SG Mart Limited announced plans to invest Rs 700 crore in solar energy equipment manufacturing, creating approximately 450 jobs.
Shri Saravana Mills Private Limited proposed an investment of Rs 528 crore in the textile sector, which is expected to generate employment for around 2,500 people.
Kabra Drugs proposed an investment of Rs 200 crore in pharmaceutical manufacturing and healthcare-related activities, creating about 250 jobs.
Dinshaw’s Dairy Foods Private Limited announced an investment proposal of Rs 40 crore in milk processing and value-added dairy products, expected to generate around 150 jobs and benefit dairy farmers.
During his visit to Hyderabad, Sai and the state delegation held meetings with senior executives of leading companies, including Google India, IBM, Polycab India, Page Industries and Delta Electronics, to discuss investment opportunities in Chhattisgarh.
Principal Secretary to the Chief Minister Subodh Singh, Chief Secretary Vikas Sheel, Commerce and Industries Secretary Rajat Kumar, Investment Commissioner Ritu Sain, CSIDC Managing Director Vishwesh Kumar, CSIDC Chairman Rajeev Agrawal, CII Chhattisgarh Chairman Bajrang Goel, Industries Department Director Prabhat Malik and other senior officials attended the event.
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