Investment proposal of more than Rs 300 crore
Chhattisgarh will now supply transformers to the entire country
New Delhi. Chhattisgarh is going to take another big leap towards realizing the dream of developed India. The country’s reputed company Karamveer Electronics Limited presented a proposal to set up a state-of-the-art transformer manufacturing unit in Raipur before Chief Minister Vishnudev Sai. An investment of more than Rs 300 crore will be made in this unit, which will make Chhattisgarh one of the largest transformer manufacturing centers in the country. On this occasion, the company’s Managing Director Vivek Jain met the Chief Minister at Chhattisgarh Sadan, New Delhi. In the meeting, the outline of the proposed project, investment possibilities and dimensions of employment generation were discussed in detail. Jain said that this unit will be the most advanced transformer manufacturing unit in the country from a technical point of view, which will prove to be a milestone in meeting the needs of the energy sector in future.
Welcoming the investment proposal, Chief Minister Vishnudev Sai said, “Our aim is that Chhattisgarh becomes a strong pillar in the construction of a developed India 2047. This investment is not just an industrial unit, but a strong step towards the technical capability and self-reliance of Chhattisgarh. The state government will provide all possible support to this project.” This project will accelerate the modernization of the power sector in the state, employment for local youth, and industry-based development. This initiative especially strengthens the slogan of “Make in Chhattisgarh”, where now transformers made with ultra-modern technology will work to illuminate the entire country. On this occasion, Chief Minister’s Principal Secretary Subodh Singh, Investment Commissioner of Chhattisgarh in New Delhi Ritu Sen were also present.
