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Chhattisgarh receives investment proposals of Rs 15,000 crore

Infrastructure  -  Dec 27,2024  - 

Chhattisgarh has attracted investment proposals worth Rs 15,184 crore by top companies in various sectors, including semiconductor, EV and renewable energy, an official statement said.
     
At the investors connect meet, key industrialists from both India and abroad engaged in detailed discussion with Chhattisgarh Chief Minister Vishnu Deo Sai to explore investment opportunities in the state.
     
The discussions were focused on exploring potential investments that will boost the state's industrial growth and create thousands of employment opportunities, the statement from the state government said.
     
Investors from various sectors showed keen interest in setting up business in the state.
     
The highest investment proposal of Rs 11,500 crore came from Renew Power Limited. Company’s Chairman and CEO Sumant Sinha said the proposal was for setting up pump storage and green hydrogen projects in the state.
     
Other investment proposals include Rs 1,650 crore by TWI group for setting up manufacturing unit for EV kits for bikes, logistics centre of excellence and bamboo park; Rs 1,134 crore from Polymatech Electronics Limited MD Ishwar Nandan in the semiconductor sector. Teleperformance COO Ashish Johri shared an investment plan to set up a BPO centre by investing Rs 300 crore.
     
Varun Beverages CEO Kamlesh Jain expressed his desire to invest Rs 250 crore in PepsiCo bottling plant, Praveen Gupta of Paramount Communications promised an investment of Rs 250 crore and ensuring about 1,000 jobs and Micromax's Rajesh Agarwal proposed an investment of Rs 100 crore in solar cell manufacturing unit.

 

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