Chhattisgarh has successfully secured investments amounting to ₹15,184 crore through various industrial proposals from leading companies, with a particular emphasis on sectors such as semiconductors, IT, electronics, food processing, electric vehicles, electrical, and renewable energy during the Investors Connect Meet held in New Delhi on Monday.
Prominent industrialists from both India and abroad engaged in in-depth discussions with Chhattisgarh’s Chief Minister, Vishnu Deo Sai, to explore potential investment opportunities in the state. The dialogues centered on investments aimed at driving industrial advancement and creating numerous job opportunities.
Chief Minister Vishnu Deo Sai extended an invitation to investors, encouraging them to explore the vast potential that Chhattisgarh offers. He highlighted that the state’s new Industrial Policy for 2024-2030 is particularly advantageous for investors. “Chhattisgarh boasts significant investment potential in agriculture, food processing, energy, mining, and manufacturing. Our new industrial policy offers tax, land, and electricity exemptions, as well as a single-window clearance system for industries. This policy focuses not only on establishing industries but also on generating employment,” he stated.
The Chief Minister elaborated on several investor-friendly features of the policy, including special subsidy and incentive packages for emerging sectors like artificial intelligence, robotics, green hydrogen, and data centers. The state is also implementing a streamlined approval process through the Digital Single Window System 2.0, aiming to create a favorable environment with strong administrative support.
To foster industrial growth, the state government is providing a 30 percent subsidy for private industrial parks based on the “minimum government” concept. Furthermore, businesses looking to set up operations will receive ready-to-use plots within 60 days of their application, emphasizing efficiency and responsiveness.
Chhattisgarh is evolving into a hub for modern industries and emerging technologies, moving beyond its historical identity as a mineral-rich state, as noted by the Chief Minister. The new industrial policy aspires to make the state self-reliant and empowered by 2047.
In order to expedite the subsidy process, the Industry Department has streamlined procedures, limiting the process to a maximum of three levels and setting a seven-day timeframe for approvals, ensuring a fast and efficient system.
The ruling BJP government has indicated that investors from a variety of sectors have expressed strong interest in establishing their businesses in Chhattisgarh. To further assist industrialists, the state has forged a memorandum of understanding with IIM Raipur, allowing the engagement of graduates as investment managers under the Chief Minister’s Industrial Internship program. These professionals will provide remote assistance to industrialists, helping to streamline processes and offer tailored support.
To bolster industrial development in the Bastar region, the Chief Minister announced significant incentives, including a 50 percent royalty exemption on iron ore and a 100 percent royalty exemption on coal for core sector industries. Notably, Bastar has been affected by naxalite activity, but Union Home Minister Amit Shah has set a target of March 2026 to eliminate this issue from the country. Additionally, industries will benefit from a 15-year reimbursement of royalties and state cess, and a 118-acre industrial area is being developed in Niyanar village.
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