TFP Bureau, Raipur, December 4, 2024: Chhattisgarh is opening its doors to investors with a robust new Industrial Development Policy for 2024-30, aimed at simplifying the investment process and encouraging industrial growth across the state. The policy, developed with input from industry representatives, includes numerous provisions designed to attract new industries and foster economic growth.
Chief Minister Shri Vishnu Dev Sai addressed the “Stakeholder Connect Workshop” organized by the state government and NITI Aayog in Nava Raipur, where he emphasized that Chhattisgarh’s favorable industrial environment and rich mineral reserves position the state as an ideal investment destination. He also highlighted the streamlined process for setting up industries, with a single-window system to ease the investment process.
“The red carpet is open for investors in Chhattisgarh. The complexities of investment are no longer an obstacle, and the new policy ensures that industries can set up easily with numerous incentives,” said Chief Minister Sai. He also noted that Chhattisgarh’s industrial growth will contribute significantly to Prime Minister Narendra Modi’s vision of a developed India by 2047.
During the event, Chief Minister Sai presented ‘Intent to Invest’ letters to 27 major industrial groups, representing a total investment of Rs 32,225 crore in the state. These investments will cover diverse sectors, including IT, AI, Data Centers, Ethanol, Electronics, and Biofuels, as well as core industries like steel and energy. Notable companies such as Shivalik Engineering, Maa Durga Iron and Steel, and Reliance Bio Energy are among those making significant investments.
Industry Minister Shri Lakhan Lal Dewangan, speaking at the workshop, noted that the new policy was crafted under the guidance of Chief Minister Sai and with inspiration from Prime Minister Modi. He highlighted that the policy not only aims to boost investment but will also generate significant employment opportunities for the people of Chhattisgarh.
Senior Advisor of NITI Aayog, Mr. Sanjit Singh, praised the new industrial policy, stating that it would lead to sustainable industrial development in the state, especially by strengthening the MSME sector and promoting employment. He also acknowledged the state’s growing appeal to investors.
Chief Secretary Amitabh Jain and Secretary of Commerce and Industry Rajat Kumar further discussed the policy’s focus on employment generation, export promotion, and simplifying the process for establishing industries.
The event also included a panel discussion on industrial infrastructure, policy support, and reducing formal requirements for industry establishment to enhance employment opportunities in the state.
