152.74 crore investment; state’s first consumer electronics manufacturing plant
TFP Bureau, Raipur, October 16, 2026: The bhoomipoojan of Yash Fans’ new manufacturing plant was held in Nava Raipur today in the presence of Chief Minister Shri Vishnu Deo Sai. The plant is being set up with an investment of ₹152.74 crore and will provide employment to 3,500 people, giving thousands of families in the state a steady source of income. It will be the first consumer electronics manufacturing plant in Chhattisgarh.
“Providing employment to our youth is our government’s top priority, and our Industrial Development Policy 2024-30 has been shaped with this focus,” said Chief Minister Shri Vishnu Deo Sai. “This plant will create jobs for our people and take Chhattisgarh into consumer electronics manufacturing.”
Yash Fans manufactures electric fans and kitchen appliances for leading brands such as Crompton, Havells, Usha and Milton. With this plant, products of these globally recognised brands will now be made in Chhattisgarh.
Beyond direct jobs, the plant is expected to bring supporting industries to the region, such as parts suppliers, packaging and transport services. This will create business opportunities for local entrepreneurs and generate further employment.
The project will also drive value addition within the state. Steel and aluminium produced in Chhattisgarh will now be turned into finished products right here, so that more of the benefit stays in the state.
Hyderabad-based Yash Fans operates 12 manufacturing plants across Hyderabad and Himachal Pradesh.
The Nava Raipur unit will be its first in Chhattisgarh.
“Chhattisgarh is the ideal location for us to expand our manufacturing base,” said Ritesh Naredi, Chairman, Yash Fans. “The state gives us easy access to raw materials like steel and aluminium, a central location from where we can serve customers across the country, hardworking people, and strong support from the government.”
Welcoming Yash Fans to the state, the Chief Minister assured the company of the government’s full support. “The state has long fuelled India’s growth with its steel, coal and power,” he said. “Now it is ready to make not just the materials that build India, but also the products that run Indian homes. This will help take ‘Made in Chhattisgarh’ products across the country, in line with Prime Minister Shri Narendra Modi’s vision of Make in India.”
The event was attended by Shri Lakhan Lal Dewangan, Minister, Commerce and Industries; Shri O.P. Choudhary, Minister, Housing and Environment; and Shri Rajeev Agrawal, Chairman, CSIDC, along with senior leadership from Yash Fans.
