Chhattisgarh Secures INR 15,184 Crore Investments Across Various Sectors with a Focus on Green Hydrogen
Key Ideas
  • The Chhattisgarh government attracted INR 15,184 crore in investment proposals at the Investor Connect Meet, showcasing interest across diverse sectors.
  • ReNew Power Ltd. pledged INR 11,500 crore for pump storage and green hydrogen projects, emphasizing the state's focus on renewable energy.
  • Prominent companies like Micromax, TWI Group, and Polymatech Electronics presented substantial investment plans in solar cell manufacturing, EV kit manufacturing, and semiconductor facilities.
  • Chief Minister Vishnu Deo Sai and Industry Secretary Rajat Kumar highlighted Chhattisgarh's strategic advantages and policy initiatives to foster business growth and ease of doing business.
During the Chhattisgarh Investor Connect Meet in New Delhi, the Chhattisgarh government announced successful negotiations for investment proposals totaling INR 15,184 crore in various sectors such as renewable energy, EVs, semiconductors, IT, and food processing. The state's attractiveness as an investment destination was evident with significant commitments from companies like ReNew Power Ltd., which dedicated INR 11,500 crore towards pump storage and green hydrogen projects. Other notable proposals came from Micromax, TWI Group, and Polymatech Electronics for ventures in solar cell manufacturing, EV kit manufacturing, and semiconductor production. The Chief Minister, Vishnu Deo Sai, reassured investors of the government's full support, emphasizing the state's commitment to facilitating business operations and ensuring timely project approvals. Industry Secretary Rajat Kumar highlighted Chhattisgarh's shift towards diversifying its industrial landscape beyond mining and minerals. The state is positioning itself as a hub for electric vehicle manufacturing and various industries like pharmaceuticals, televisions, and lighting equipment. To attract both local and international investors, the government is implementing policy reforms and incentives to enhance the business environment. The investments and strategic initiatives underscore Chhattisgarh's emergence as a promising investment destination with a proactive administration and robust infrastructure.
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