Chhattisgarh on Friday signed investment MoUs worth over Rs 9,500 crore with seven companies. Chief Minister Vishnu Deo Sai, who spoke to the media on the sidelines of the Chhattisgarh Investor Connect event, said there were no Maoist-affected districts left in the state.
He informed that the investment MoUs were signed in sectors including pharmaceuticals, solar component manufacturing, and dairy, while further urging the investors to make substantial investments in the state.
It is estimated that the decision will create over 7,800 jobs.
The CM said the state's new industrial policy had attracted investment proposals worth Rs 8 lakh crore, and the process of implementing these proposals on the ground has also started.
CM Sai said Chhattisgarh was emerging as a preferred investment destination, supported by streamlined approvals, a robust single-window system, strong infrastructure, and industry-friendly policies.
Inviting Hyderabad-based companies, particularly in the IT, pharmaceutical, and logistics sectors, to invest in Chhattisgarh, CM assured them of policy support and a business-friendly environment, adding that the state had "rolled out the red carpet" for investors. Highlighting the state's industrial strengths, Sai said Chhattisgarh was emerging as a leader in green steel production and was rapidly strengthening its position as a national power hub.
The state had received investment proposals worth Rs 3.5 lakh crore in the energy sector, he said.
Asked about Telangana Irrigation Minister N Uttam Kumar Reddy seeking a No Objection Certificate from the Chhattisgarh government for the Sammakka-Sarakka Lift Irrigation Scheme proposed to be taken up by the Telangana government, CM Sai said a survey by IIT Roorkee had been ordered on the matter and that its report was awaited.
Uttam Kumar Reddy, who met CM Sai in Hyderabad on Thursday night, sought the NOC from Chhattisgarh to expeditiously obtain all relevant permissions and sanctions.
Earlier, CM Sai handed over "invitation to invest" letters to prospective investors.
CM Sai and the state delegation held meetings with senior executives from several leading companies such as Google India, IBM, Polycab India, Page Industries, and Delta Electronics. The discussions focused on investment prospects in Chhattisgarh, available industrial infrastructure, and the state government's industry-friendly policies, a Chhattisgarh government release said.
The largest investment proposal at the Hyderabad roadshow came from Hypernext Data Centre Limited, which stated its intent to invest Rs 4,200 crore to establish a modern data centre in Chhattisgarh, expected to generate approximately 250 jobs.
Feegrade and Company Private Limited proposed an investment of Rs 2,912 crore in the cement sector, with the potential to employ around 4,000 people.
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