TFP Bureau, Raipur, March 1, 2025: Chief Minister Shri Vishnu Dev Sai has extended an open invitation to investors, urging them to be part of Chhattisgarh’s industrial transformation under Vision 2047. Speaking at the Industry Dialogue program in Nava Raipur, he highlighted the state’s investor-friendly policies and the remarkable response to the newly implemented industrial policy, which has already attracted proposals worth over ₹1.23 lakh crore.
The Chief Minister emphasized the government’s commitment to “minimum administration, maximum incentive,”ensuring a smooth investment process. He launched the Ramp Yojana, a government initiative aimed at promoting micro, small, and medium enterprises (MSMEs). During the event, Shri Sai distributed financial assistance of over ₹2.21 crore to beneficiaries under the Prime Minister Employment Generation Program and investment commitment letters to 16 investors.
Chhattisgarh Vision 2047: Building an Industrial Hub
Aligning with Prime Minister Shri Narendra Modi’s goal of a developed India by 2047, Chhattisgarh has outlined its Vision 2047 plan to transform the state into an industrial powerhouse. The government has streamlined the Ease of Doing Business framework, simplifying permissions, approvals, and renewals to attract more investors. Seven new small industrial areas have been established, with four large industrial zones in the pipeline.
Highlighting infrastructure expansion, Shri Sai mentioned the ongoing development of a new 118-acre industrial park in Niyanar, near Nagarnar, which will support ancillary units for the Nagarnar Steel Plant in Bastar.
Growing Investor Confidence and Special Sectoral Incentives
The Chief Minister noted that Investors Connect programs held in Raipur, Delhi, and Mumbai have further boosted interest, with more than 50 entrepreneurs already receiving investment certificates. Chhattisgarh’s rich mineral reserves, surplus power supply, and central location with strong connectivity make it an attractive destination for industries.
Shri Sai announced special incentives under the new industrial policy for pharmaceuticals, readymade garments, AI, IT, data centers, and robotics. He expressed satisfaction over proposals for semiconductor and AI-based industries, signaling Chhattisgarh’s emergence as a hub for next-generation technology.
Investment Commitment and Employment Generation
During the Investors Dialogue, 16 investors were awarded Invitation to Invest letters, amounting to a commitment of ₹11,733 crore, expected to create over 9,000 jobs. Additionally, five trainees from the Entrepreneurship Development Institute of India were awarded certificates, reinforcing the government’s focus on entrepreneurship-driven employment.
State’s Economic Growth Over 25 Years
Reflecting on Chhattisgarh’s economic journey since its formation, the Chief Minister stated that the state’s Gross State Domestic Product (GSDP) has increased 20 times to ₹5 lakh crore in the past 25 years. The budget size has also expanded significantly, with a growing focus on capital expenditure to sustain industrial and infrastructural development.
Industry Minister Shri Lakhan Lal Devangan reaffirmed the government’s commitment to industrial growth, announcing the imminent release of pending grants worth ₹489 crore to 1,049 small and large industries.
The event was attended by Chief Secretary Shri Amitabh Jain, Principal Secretary to CM Shri Subodh Singh, and key industry leaders. Addressing the gathering, officials emphasized the government’s proactive approach in attracting investments and ensuring industrial prosperity in Chhattisgarh.
