In a significant boost to its industrial growth, the Chhattisgarh Government announced it has secured investment proposals totaling 15,184 INR-Crore during the Investors Connect Meet held in New Delhi. The event witnessed active participation from prominent industrialists and companies, both domestic and international, who explored opportunities in Chhattisgarh’s thriving industrial sectors.
Chhattisgarh received investment proposals across various sectors, including semiconductors, IT, electronics, food processing, electric vehicles (EV), electricals, and renewable energy. Among the proposals, Renew Power Ltd emerged as the largest contributor, pledging nearly 11,500 INR-Crore to develop pump storage and green hydrogen projects in the state.
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Key Investment Highlights
Several other noteworthy proposals include:
- TWI Group: Committed 1,650 INR-Crore to establish a manufacturing unit for EV kits for bikes, a logistics center of excellence, and a bamboo park.
- Polymatech Electronics Ltd: Proposed an investment of 1,134 INR-Crore.
- Teleperformance: Announced plans to invest 300 INR-Crore in a BPO center.
- Varun Beverages: Shared plans to set up a PepsiCo bottling plant with an investment of 250 INR-Crore.
- Paramount Communications: Pledged 250 INR-Crore, creating around 1,000 jobs.
- Micromax: Proposed a 100 INR-Crore investment in a solar cell manufacturing unit.
These investment proposals in Chhattisgarh align with the national ‘Make in India’ and ‘Digital India’ missions. Furthermore, these will position the state as an industrial hub for innovation and sustainable development.
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