TFP Bureau, Raipur, April 18, 2025: In a landmark decision aimed at accelerating industrial growth, the Chhattisgarh government has granted in-principle approval to Bharat Earth Movers Limited (BEML) for setting up a heavy earth moving equipment manufacturing plant in the state. The plant will be established on 100 acres of land near Bilaspur–Champa, along the National Highway, allotted at a token rate to promote local employment and micro, small, and medium enterprises (MSMEs).
The decision was taken during a Cabinet meeting chaired by Chief Minister Vishnu Dev Sai at the Mahanadi Mantralaya Bhawan. The plant is expected to create thousands of direct and indirect job opportunities, significantly boosting industrial activity in the region.
“This marks a new beginning for an industrial revolution in Chhattisgarh,” said Chief Minister Sai. “Our vision is to drive economic growth through local empowerment and global investment.”
The initiative aligns with the state’s ambitious Industrial Policy 2024–30, which focuses on “minimum governance, maximum incentives.” The policy has made the investment climate in Chhattisgarh highly favorable by introducing simplified processes such as Single Window System 2.0, online application portals, and faster approvals.
To attract large-scale investments, the policy offers attractive incentives including:
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30–50% capital subsidy
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5–12 years of tax exemptions
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Interest subsidies
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Tailored ‘B-spoke’ incentives for units employing over 1,000 people
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Skill training grants of up to Rs 15,000 per worker
With an aim to generate 5 lakh jobs in the next five years, the policy is giving special thrust to emerging sectors like green hydrogen, semiconductors, pharmaceuticals, AI, and tourism.
Chief Minister Sai reaffirmed the state’s commitment to providing a transparent, business-friendly environment.
“Chhattisgarh is emerging from its Naxal-affected image to become a leading industrial and technological hub. Under the Amritkal-Chhattisgarh Vision 2047 Nava Anjor, we aim to contribute significantly to a developed India,” he said.
BEML’s upcoming plant is expected to strengthen the state’s supply chain ecosystem and provide a significant push to MSMEs by generating demand for ancillary units and services.
Recent investment summits in Delhi, Mumbai, and Bengaluru have already yielded proposals worth Rs 4.4 lakh crore, underlining growing investor confidence. The state secured Rs 15,184 crore worth of proposals in Delhi alone, Rs 6,000 crore in Mumbai, and strategic tie-ups in the energy sector in Bengaluru.
According to the Project Today Survey, Chhattisgarh attracted Rs 1.63 lakh crore in investments through 218 new projects in FY 2025—3.71% of the country’s total investment—earning it a spot among the top 10 investment destinations in India.
