Chhattisgarh Attracts Rs 3,700 Crore Investments in Bengaluru Investor Connect Meet
Key Ideas
  • Chhattisgarh secures investment proposals worth Rs 3,700 crore at the ‘Investors Connect Meet’ in Bengaluru, with major tech companies showing interest in expanding their presence in the state.
  • Chief Minister Vishnu Deo Sai highlights the state's pro-business policies, including single-window approvals, capital investment reimbursements, employment-linked incentives, and special incentives for emerging sectors like AI, Robotics, Computing, and Green Hydrogen.
  • The government is focusing on developing Naya Raipur as a major IT hub and boosting Bastar's tourism sector, while also signing MoUs with industry associations to enhance IT, startups, and semiconductor industries.
  • Chhattisgarh is streamlining its business policies to reduce bureaucratic delays, simplify industrial processes, and provide skilling contracts with colleges to prepare students for high-growth sectors.
Chhattisgarh Chief Minister Vishnu Deo Sai participated in the 'Chhattisgarh Investor Connect' event held in Bengaluru, Karnataka, where the state secured investment proposals worth Rs 3,700 crore. The event attracted major tech companies from Bengaluru interested in expanding their presence in Chhattisgarh. CM Deo Sai emphasized the state's pro-business policies, which include single-window approvals, capital investment reimbursements, employment-linked incentives, and special benefits for sectors like AI, Robotics, Computing, and Green Hydrogen. The government is leveraging this investment momentum to develop Naya Raipur as a major IT hub and enhance Bastar's tourism sector. CM Deo Sai also mentioned the state's plans to boost employability by signing skilling contracts with colleges to provide industry-relevant training. Additionally, Chhattisgarh signed MoUs with NASSCOM, IESA, and TiE Bangalore to boost IT, startups, and semiconductor industries. To further improve the business environment, the state is simplifying industrial processes, reducing bureaucratic delays, and providing faster approvals. Key reforms include digitized land allotment systems, online transactions, reduced approval times for GST registration and electricity connections, as well as simplified industrial registration. These efforts aim to support businesses employing both men and women and drive economic growth in Chhattisgarh.
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