Chhattisgarh landed investment proposals worth ₹9,580 crore from companies in Telangana, Chief Minister Vishnu Deo Sai announced at an investor meet in Hyderabad, Friday. Proposals cover data centers,cement,semiconductors,solar equipment,textiles,pharmaceuticals,dairy .
These investments could bring over 7,800 jobs to the state . Key plans include ₹4,200 crore from Hypernext Data Center Limited for a data center,expected to create 250 jobs. Feegrade and Company Private Limited pitched ₹2,912 crore for cement production, possibly employing 4,000 people. Nivai Labs Private Limited intends ₹1,000 crore in semiconductor, GPU infrastructure,creating around 200 jobs.
Other major proposals: ₹700 crore from SG Mart Limited for solar component manufacturing,about 450 jobs,and ₹528 crore from Shri Saravana Mills Private Limited for textiles,with 2,500 jobs expected. Kabra Drugs plans ₹200 crore in pharmaceuticals,250 jobs,while Dinshaw’s Dairy Foods Private Limited aims ₹40 crore in milk processing,150 jobs anticipated.
Chief Minister Sai handed "invitation to invest" letters to potential investors, urging more Telangana companies to explore Chhattisgarh. He stressed the state has "rolled out red carpet" for industries,citing new industrial policy with streamlined approvals,single-window system for investors.
He remarked that Hyderabad's rise as tech,innovation hub serves as a model for Chhattisgarh's IT,manufacturing,services growth. State targets electronics manufacturing,defense,aerospace,IT as key sectors,offering extra incentives to draw investment .
In past two years,Chhattisgarh secured proposals over ₹8 lakh crore,including ₹3.5 lakh crore in energy,,South Korea . Chief Minister noted state is now free from Naxal issues,rich in minerals like iron ore,coal,bauxite,lithium,gold,diamonds .
Leading delegation,Chief Minister Sai met Telangana business leaders,like Ayodhya Rami Reddy of Ramky Group,to discuss potential industrial,infrastructure investments in Chhattisgarh. He also talked with execs from Page Industries, Axis Energy Group, Delta Electronics, Celkon,MagnumWings,Clean Harbors, CSR Estates,Dodla Dairy.
Officials said reps from big firms like Bharat Biotech,IBM,Google want to meet Chief Minister in Raipur later...
