Red carpet opens for investors in Chhattisgarh in the form of new industrial policy: Chief Minister Vishnu Dev Sai
‘Intent to Invest Letter’ provided to 27 big industrial groups for new capital investment of Rs 32 thousand 225 crore
Chief Minister addressed the Stakeholder Connect Workshop regarding Industrial Development Policy
Raipur 4 December 2024/There are vast possibilities of setting up new industries in Chhattisgarh. There are abundant reserves of minerals here, favorable industrial environment, as well as the new Industrial Development Policy 2024-30 of the state has been prepared after discussing with the representatives of the industry and business world. In this new policy, the process of setting up industries has been simplified and many provisions have been included to encourage the establishment of industries. In the form of new industrial policy, the red carpet is open for investors in Chhattisgarh. The complexities of investment are no longer there in Chhattisgarh. The single window system has made everything very simple. Chief Minister Vishnu Dev Sai said this while addressing the “Stakeholder Connect Workshop with Stakeholders in Relation to Chhattisgarh’s Industrial Development Policy 2024-30” jointly organized by NITI Aayog and Chhattisgarh Government in Nava Raipur today.
Chief Minister Sai said that Prime Minister Narendra Modi has given the target of developed India by the year 2047. For this, we have to build a developed Chhattisgarh. Chhattisgarh’s industry will also make an important contribution in building a developed India. While promoting industrial investment in various sectors for the development of Chhattisgarh, employment opportunities will be provided to as many people of Chhattisgarh as possible.
Presiding over the program, Industry Minister Lakhan Lal Dewangan said that the new industrial policy of Chhattisgarh has been made under the guidance of Chief Minister Vishnu Dev Sai and taking inspiration from Prime Minister Narendra Modi. Suggestions from industrialists have been included in preparing the new policy. This policy will not only bring investment in the state, but new industries will be established, as well as the people of the state will get employment. Senior Advisor of NITI Aayog, Mr. Sanjit Singh said that Chhattisgarh has become a favorite state for investors. The new industrial policy of Chhattisgarh is being praised everywhere. This policy will give a new direction to sustainable industrial development in the state. A good effort has been made to strengthen MSME industries in the new policy. An incentive scheme has been prepared for investment in new areas. Employment generation is an important aspect in this industrial policy.
Chief Minister Sai provided Intent to Invest Letters to 27 big industrial groups of the state for investment of Rs 32 thousand 225 crore in relation to the proposal of new capital investment. These will include investments in the core sector of the state as well as new investment areas like IT, AI, Data Center, Ethanol, Electronics, Electrical, Compressed Bio Gas. These include Shivalik Engineering, Maa Durga Iron and Steel, ABREL Green Energy, RAG Ferro Alloys, Reliance Bio Energy, Yash Fans and Appliances, Shanti Greens Biofuel, Rack Bank Data Center etc.
Chief Secretary Mr. Amitabh Jain said that Chhattisgarh’s new industrial policy focuses on employment generation, export promotion and simplification of the process of approval and establishment of industries. Secretary of Commerce and Industry Department Mr. Rajat Kumar said that provisions have been made in the new industrial development policy to accelerate the priorities of the state and industrial development in the state.
In the panel discussion organized in the program, industrial infrastructure, policy support and reduction of formal requirements for industry establishment were discussed in employment-enhancing industrial development. Other officials including representatives of various industrial organizations were present in the program.
