Chhattisgarh Attracts Rs 15,184 Crore Investment Proposals At Investors Connect Meet In Delhi, Energy Sector Major Contributor

The Chhattisgarh government announced on Monday (23 December), that it had received investment proposals worth Rs 15,184 crore from prominent industrialists at the Investors Connect Meet held in New Delhi.

The event witnessed participation from leading investors across India and abroad, who engaged in detailed discussions with Chief Minister Vishnu Deo Sai to explore investment opportunities in the state. These investments are expected to boost Chhattisgarh's industrial growth and generate thousands of jobs.

Investors expressed interest across diverse sectors, including semiconductors, IT, electronics, food processing, electric vehicles (EV), renewable energy, and more.

Among the proposals, the highest investment of Rs 11,500 crore came from Renew Power Limited for pump storage and green hydrogen projects. Chairman and CEO Sumant Sinha confirmed this during the meet.

Other significant proposals included Rs 1,650 crore from the TWI Group for establishing a manufacturing unit for EV kits for bikes, a logistics centre of excellence, and a bamboo park. Polymatech Electronics Limited proposed an investment of Rs 1,134 crore in the semiconductor sector, as confirmed by MD Ishwar Nandan.

Praveen Gupta of Paramount Communications proposed a Rs 250 crore investment, which could generate 1,000 jobs. Micromax's Rajesh Agarwal announced plans to establish a solar cell manufacturing unit with an investment of Rs 100 crore.

"Chhattisgarh is emerging as a prime destination for investment, with robust infrastructure and a dedicated state government ready to ensure the success of businesses," Chief Minister Vishnu Deo Sai assured the investors.

Industry Secretary Rajat Kumar highlighted the state’s diversification efforts, saying, "Chhattisgarh is not just about mines and minerals; it is rapidly evolving into a significant hub for electric vehicle (EV) manufacturing."

He added that the state is becoming a key player in producing a variety of goods, including pharmaceuticals, train shells, and lighting equipment.