A total of 117 Industrial Entrepreneurs Memorandum (IEM) were filed in Chhattisgarh with the proposed investment of ` 36,511 crore during 2015-16 as on December 2015.
This is in comparison to 37 IEMs filed with the proposed investment of ` 1,62,584 crores during financial year 2014-15, the annual report 2015-16 of the Department of Industrial Promotion and Policy (DIPP) has mentioned.
Meanwhile, notably, the Chhattisgarh government signed a total of seven MoUs with as many number of companies totalling proposed investment of ` 236 crore on May 4 this year.
The MoUs have been signed for proposed investment in food processing, electronics, coal and engineering sectors .
As per these MoUs, an investment of ` 236 crore across electronics, food processing, engineering and coal value addition sectors would generate employment opportunities of over 2000 local youth in the State, officials stated.
Chhattisgarh intends to offer renewable energy equipment market for solar photo voltaic equipment worth ` 32,000 crores during the next five years to investors who decide to establish projects in the State, they stated.
The Government is also promising abundant and easy access to raw materials that go into equipment manufacturing for renewable energy sector.
Notably, a host of key Chinese companies from Zhengzhou city of Henan province in China signed Memorandum of Understandings (MoUs) worth 945 million USD (approx. ` 6,600 Crore) for setting up a wide set of industrial projects in Chhattisgarh during Chief Minister Raman Singh’s week-long tour to China recently.
As per the MoUs, Chinese companies will primarily invest in manufacturing of solar power equipment, railway and building construction material sectors in Chhattisgarh.
Notably, the Chhattisgarh government has commenced the process of setting up the Electronic Manufacturing Cluster (EMC) at Sector-22 of the new capital.
Initially, infrastructural development works such as construction of boundary wall, roads , drainage, culverts, water supply system and streets light would be taken up.
Notably, the Chhattisgarh government will also be setting up an IT SEZ in the vicinity of the EMC to be established at Sector 22 in the new capital.
The EMC would be at located about 7 kms from the Swami Vivekananda Airport, Raipur. The site enjoys abundant water supply from the Mahanadi river and also have also sufficient power connection to cater the needs of operation in EMC, officials stated.
The location of the EMC is at Tuta village of Naya Raipur . The chief promoter of the project is Chhattisgarh State Industrial Development Corporation (CSIDC) and the project is to be established in an area measuring 70 acres .
The Chhattisgarh State Industrial Development Corporation (CSIDC) has identified a land parcel measuring 30 hectares at Village Khapri, Tehsil Tilda in Raipur district for the development of a Textile Park.
The proposed Textile Park at Tilda is aimed at providing one stop integrated facilities with manufacturing support, welfare and common infrastructure facilities to the prospective textile industries. The proposed Textile Park is envisaged to house world class eco system for textile industry, officials stated.
Testing laboratory(Including equipment), Design centre (Including equipment) , Training Centre, Trade & display centre , Conferencing and meeting facilities, Warehouse/ raw material depot , packaging unit Canteen andworker hostels and Recreation Centre.
Central public sector undertaking Container Corporation of India (CCI) is also in the process of developing a 'logistics Hub' on over 100 acres of land in the new capital, officials stated.
It may be recalled that China has also expressed keen interest in extending support to Chhattisgarh government for developing India's ‘logistics Hub’ in the State.
Notably, State Commerce and Industry Minister Amar Agrawal in the month of January this year had suggested Consul General of People’s Republic of China MA Zhanwu who was on a visit to Chhattisgarh that owing to its location in the heart of the country, Chhattisgarh State can be developed as 'logistics Hub of India'. The Consulate General then had assured that China will encourage its industrialists to extend support in development of Chhattisgarh as ‘logistics Hub’ of India.