Chhattisgarh-Gujarat Pact Seals Rs 33,321 Crore Deals, Creates 14,900 Jobs

• Chhattisgarh attracted investment proposals worth Rs 33,321 crore at the Investor Connect program in Ahmedabad, spanning sectors like thermal power, green steel, solar, pharmaceuticals, and medical supplements.
• These projects are expected to generate over 14,900 jobs, complementing the state’s broader industrial growth under its new policy, which has drawn total proposed investments of Rs 7.83 lakh crore.
• Key initiatives include green hydrogen and steel plants, solar cell manufacturing, thermal power expansion, semiconductor units, and multi-specialty hospitals, positioning Chhattisgarh as a progressive and investor-friendly industrial hub in India.

The Investor Connect program, held in Ahmedabad, brought in a fresh wave of optimism into the industrial landscape of Chhattisgarh, which saw investment proposals worth about Rs 33,321 crore. Chhattisgarh Chief Minister Vishnu Deo Sai presented Investment Letters to various leading companies across diversified sectors such as thermal power, green steel manufacturing, solar cells, pharmaceuticals, and medical food supplements.

These investments are likely to result in the creation of over 14,900 new employment opportunities in the state. During this period, after the new Industrial Policy came into effect, Chhattisgarh has garnered a total proposed investment of Rs 7.83 lakh crore. During the Ahmedabad event, Chief Minister Sai engaged in detailed discussions with India's top industrialists and business leaders about the emerging opportunities in Chhattisgarh.

Full of enthusiasm, he said, "It is inspiring being in Gujarat, the land of industry, innovation, and entrepreneurship. Every grain of Gujarat reflects enterprise, and there isn't a corner of the world without the presence of our Gujarati brothers".

He said that Gujarat and Chhattisgarh together will play a pivotal role in building a Developed India. Sai said that as Gujarat keeps driving the economies of the nation and the world, Chhattisgarh is building at an impressive stride its own trajectory of growth. "If Gujarat has enterprise, Chhattisgarh has energy, minerals, skilled manpower, and an investor-friendly industrial policy - a combination that is no less than a blessing for investors", he said.

The Chief Minister highlighted the state's progressive reforms and said that in the past 22 months, the state government has implemented more than 350 reforms to make the establishment of industries easier and speedier. Under the Single Window System of the state, approvals are being issued at a fast pace. Sai further added that under the new industrial policy, special incentives and subsidies are being offered, with additional support for those industries set up in the tribal-dominated areas like Bastar and Surguja. Till now, Chhattisgarh has received investment proposals over Rs 7.5 lakh crore.

Sai also emphasized the state's strong position in the energy sector, pointing out that Chhattisgarh is second in the country in coal production. "At the recent Energy Summit, we received investment proposals worth Rs 3.5 lakh crore", he said. The state, he added, holds vast potential in thermal, hydel, solar, and forest-based industries.

The Chief Minister informed that plans are afoot to make Naya Raipur an exclusive IT and AI data center hub, which has evinced interest on the part of semiconductor and electronics companies. The CM also mentioned that tourism has been given industry status, creating new opportunities for investors in the hospitality and wellness sectors.

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Those who attended the function included Chairman, CSIDC, Rajeev Agrawal; Principal Secretary to Chief Minister Subodh Kumar Singh; Industries Secretary Rajat Kumar; Secretary to Chief Minister Rahul Bhagat; and CSIDC Managing Director Vishvesh Kumar, besides other senior officials.

The industries and economy of the state get backed with big investment announcements from several firms. Lyceum Life Sciences Pvt. Ltd, manufacturing pharmaceuticals and medical food supplements, submitted a proposal for an investment of Rs 101 crore, likely to generate employment opportunities for 750 persons. Ahmedabad-based Torrent Power Ltd. is setting up a new 1,600 MW thermal power plant, investing Rs 22,900 crores in the State, which is likely to generate 5,000 job opportunities while augmenting the power capacity of the State.

Torrent Pharmaceuticals Ltd. will invest Rs 200 crore in a pharmaceutical manufacturing unit. That will employ an additional 200 people. Onix Three Enersol Pvt. Ltd proposed an investment of Rs 9,000 crore to set up plants for green hydrogen, green ammonia, and green steel with employment opportunities for 4,082.
Mala Creation Private Ltd., Surat, will invest Rs 700 crore in setting up a 2 GW solar cell manufacturing unit and provide jobs to 500 people.

Similarly, a multi-super speciality hospital is coming up with an investment of Rs 300 crore, strengthening healthcare infrastructure and opening up local employment opportunities. Besides, Sapphire Semicon Pvt. Ltd. is investing Rs 120 crore in the semiconductor manufacturing sector, which is likely to create about 4,000 jobs.
This recent round of investment commitments by various companies further cements Chhattisgarh's position as one of the most attractive and progressive destinations for industrial growth in India, heralding a new chapter in the state's journey toward a self-reliant and developed India.