Chhattisgarh Government : Several leading tech firms from Bengaluru, known as India’s Silicon Valley, have shown keen interest in expanding their business in Chhattisgarh. Chief Minister Vishnu Deo Sai engaged with top industrialists to explore investment opportunities, with key companies from sectors like engineering, textiles, electronics, IT/ITES, food processing, and green fuel proposing investments worth ₹3,700 crore in the state.
During the Chhattisgarh Investors Meet in Bengaluru, the Chief Minister emphasized the state’s industry-friendly policies and strong infrastructure, attracting major corporations like BEML, NASSCOM, Gokaldas Exports, Britannia, TiE Bangalore, and the Karnataka Chamber of Commerce. These companies acknowledged the state’s business potential and presented investment proposals.
In a significant move, the Chhattisgarh government signed an MoU with NASSCOM, the India Electronics and Semiconductor Association (IESA), and TiE Bangalore to boost IT, startups, and the semiconductor industry, fostering employment and development.
Several companies have made major investment commitments in Chhattisgarh. GPSR Arya Private Limited is investing ₹1,350 crore in compressed biogas (CBG) and green fuel, advancing clean energy initiatives. Klene Paks plans to invest ₹500 crore in the textile industry, creating new jobs. Britannia has committed ₹200 crore to food processing, benefiting local farmers and entrepreneurs. Keynes Technology is investing ₹1,000 crore in IT/ITES, aiming to strengthen the state’s IT sector and generate employment. Additionally, Gokaldas Exports and SRV Knit Tech Private Limited will invest ₹100 crore each in the textile sector.
Ashok Chandak, President of IESA, along with other industry representatives, discussed the vast investment potential in the electronics and semiconductor sector with the Chief Minister. He praised the state’s policy support, tax benefits, and infrastructure, making it an attractive investment destination. The Chief Minister assured that Chhattisgarh is ready to offer special incentives under the Make in India and Digital India initiatives.
Textile industry leaders also expressed interest in establishing operations in Chhattisgarh. Executives from SRV Knit Tech Pvt. Ltd., Shyam Textiles Ltd., Gokaldas Exports, Punit Creations, and Klene Paks proposed setting up textile parks, production units, and export centers. TiE Inc.’s Madan Padaki shared insights on innovation and the startup ecosystem.
The Chief Minister highlighted Chhattisgarh’s transition into a model state for digital governance. The investment process has been simplified with an online approval system, eliminating paperwork, ensuring swift NOCs, and providing digital decision-making.
Vishnu Deo Sai assured investors of a transparent and fast-track approval system backed by investor-friendly policies. “With a skilled workforce, abundant resources, and a strategic location, Chhattisgarh offers immense opportunities. We are dedicated to fostering a thriving industrial ecosystem,” he stated.
The state’s new industrial policy streamlines business approvals through a single-window system and provides attractive incentives, including tax benefits, capital investment reimbursements (30-50%), and employment-based incentives.
Emerging sectors such as AI, robotics, computing, and green hydrogen are receiving special incentives. The state is also actively promoting investments in electrical & electronics, pharmaceuticals, textiles, and food & agro-processing. A pharmaceutical park in Nava Raipur is underway, set to become Central India’s largest.
With a $1.6 billion investment, Raipur is rapidly developing into a major IT hub. Nava Raipur, with its advanced infrastructure, offers vast opportunities for IT industry growth.
Bastar and Surguja have been designated as priority investment regions, offering core sector incentives of 50-100% along with benefits like iron and coal royalty exemptions. A 118-acre industrial zone near the Nagarnar Steel Plant in Bastar is being developed to support MSMEs. Additionally, Bastar’s tourism potential is being enhanced with improved air connectivity, boosting investment prospects in the tourism sector.
The conference saw participation from key officials, including Industry Minister Lakhan Lal Dewangan, Principal Secretary to the Chief Minister Subodh Singh, Industry Secretary Rajat Kumar, and Investment Commissioner Ritu Sain. CSIDC Managing Director Vishwesh Kumar was also present, highlighting the state’s commitment to industrial expansion.