Chhattisgarh has secured investment proposals totaling ₹15,184 crore during the Investors Connect Meet held in New Delhi.
These investments span various sectors, including renewable energy, electric vehicles (EVs), semiconductors, and food processing.
Key Investment Proposals:
Renew Power Limited: Proposed an investment of ₹11,500 crore to establish pump storage and green hydrogen projects in the state.
TWI Group: Plans to invest ₹1,650 crore in setting up a manufacturing unit for EV kits for bikes, a logistics centre of excellence, and a bamboo park.
Polymatech Electronics Limited: Managing Director Ishwar Nandan proposed a ₹1,134 crore investment in the semiconductor sector.
Teleperformance: COO Ashish Johri announced plans to establish a BPO centre in Chhattisgarh with an investment of ₹300 crore.
Varun Beverages: CEO Kamlesh Jain expressed intentions to invest ₹250 crore in a PepsiCo bottling plant.
Paramount Communications: Praveen Gupta committed to a ₹250 crore investment, aiming to create approximately 1,000 jobs.
Micromax: Rajesh Agarwal proposed a ₹100 crore investment in a solar cell manufacturing unit.
Chief Minister Vishnu Deo Sai assured investors of full support, emphasizing the state's commitment to providing timely approvals and facilitating ease of doing business. He stated, "Chhattisgarh is emerging as a prime destination for investment, with robust infrastructure and a dedicated state government ready to ensure the success of businesses."
Industry Secretary Rajat Kumar highlighted the state's diversification beyond its traditional focus on mines and minerals, noting its evolution into a significant hub for electric vehicle manufacturing and the production of a wide range of products, from pharmaceuticals to electronics. He mentioned that the government is actively introducing policy reforms to create a more favorable business environment, aligning with national initiatives like 'Make in India' and 'Digital India.'
These developments mark a significant step in Chhattisgarh's economic growth and industrialization efforts.
Tired of comparing loan options?
Vizzve Financial can help you find the perfect loan for your needs with just one click! Our platform connects you with offers from multiple banks and lenders, saving you time and hassle.
Increase your chances of Loan approval
Vizzve Financial's technology uses a streamlined process to help you get matched with the right loan and potentially improve your approval odds.
Get Started Today
Visit www.vizzve.com to explore loan options and see if you pre-qualify. Call 844-984-4958 to check your eligibility.
Vizzve Financial, loan approval, home loan, personal loan, car loan, instant loan, loan against property, business loan