Chhattisgarh attracts investment proposals worth Rs 9,580 cr

Chhattisgarh on Friday attracted investment proposals worth `9,580 crore across high-growth sectors, including data centres, semiconductors and GPU architecture, solar energy equipment, textiles, and pharmaceuticals at the state Investors Connect in Hyderabad. Seven major organisations submitted proposals that are expected to generate around 7,800 direct jobs, underscoring growing investor confidence in the State’s industrial ecosystem and policy framework.

Chhattisgarh Chief Minister Vishnu Deo Sai handed over an “Invitation to invest letter” to the prospective investors, marking a significant step in the state’s efforts to position itself as a preferred destination for technology-led and manufacturing investments.

Chhattisgarh Commerce and Industries Minister Lakhan Lal Dewangan and prominent industrialists, investors, and business representatives from southern India were present on the occasion.

The largest investment proposal has come from Hypernext Data Centre Limited. The company has expressed its intent to invest `4,200 crore to establish a modern data centre in Chhattisgarh, which is expected to generate approximately 250 jobs. In this era of the digital economy, data centres are considered a crucial foundation for a state’s technological capabilities and future digital requirements.

Feegrade and Company Private Limited has proposed an investment of `2,912 crore in the cement sector. Nivai Labs Private Limited has shown interest in investing `1,000 crore in the semiconductor and GPU infrastructure sector and SG Mart Limited, operating in the solar energy equipment manufacturing sector, has proposed an investment of `700 crore. The company is engaged in manufacturing solar structure components, and this project is expected to provide employment to about 450 people.

Shri Saravana Mills Private Limited has expressed its intent to invest Rs 528 crore in the textile industry. This project could employ approximately 2,500 people. Kabra Drugs, a company in the pharmaceutical sector, has proposed an investment of `200 crore. The company is engaged in pharmaceutical manufacturing and healthcare-related activities. Dinshaw’s Dairy Foods Private Limited, a renowned company in the dairy sector, has proposed an investment of `40 crore. This project, involving milk processing and value addition, will employ approximately 150 people and benefit milk producers as well.

Chief Minister Vishnu Deo Sai said Chhattisgarh is emerging as a preferred investment destination, supported by streamlined approvals, a robust single-window system, strong infrastructure and industry-friendly policies.

“Hyderabad’s journey from an emerging IT destination to a global technology and innovation hub is inspiring. Chhattisgarh is working on a similar roadmap, and we are already witnessing encouraging results in sectors such as IT, manufacturing and services,” Sai said while addressing the gathering at hotel Park Hyatt.

Inviting investors to explore opportunities in the State, he noted that Chhattisgarh has organised investor outreach programmes across major Indian cities as well as in countries such as Japan and South Korea. These efforts have so far resulted in investment proposals worth more than `8 lakh crore, he said.

The chief minister also met representatives of the Swaminarayan Gurukul organization to discuss a proposal for setting up a 650-bed charitable hospital in Tatibandh, Raipur. The Hyderabad-based organization has a strong presence in the education and healthcare sectors.

Chhattisgarh Principal Secretary to HCM Subodh Singh, Chhattisgarh Chief Secretary Vikas Sheel (IAS), Chhattisgarh Secretary, Department of Commerce & Industries Shri Rajat Kumar (IAS), Chhattisgarh Investment Commissioner Ritu Sain (IAS), Managing Director, CSIDC Vishwesh Kumar (IFS), CSIDC Chairman Rajeev Agrawal, Chairman CII Chhattisgarh Bajrang Goel, and Chairman, CII Telangana M Goutham Reddy, were present at the occasion.