Raipur: Chhattisgarh is a state in central India that is rich in natural resources, skilled labor, and infrastructure. It is also home to numerous thriving industries, including mining, manufacturing, and agriculture. These factors make Chhattisgarh an attractive destination for investors.
Home to some of the richest mineral deposits in India, including coal, iron ore, bauxite, limestone, and dolomite, these resources have the potential to support a wide range of industries, from mining to manufacturing to power generation. The state also has a large and skilled workforce. The state has a literacy rate of 70.28%, and its people are known for their hard work and dedication. This makes Chhattisgarh an ideal destination for labor-intensive industries.
Located in Central India, the state shares borders with seven states and has a market access to about 510 million people with 38% of India’s GDP. The new capital of state, Naya Raipur is India’s first greenfield smart city with $1.5 billion investment and $2 billion investment in pipeline.
Chhattisgarh is home to a number of thriving industries, including mining, manufacturing, and agriculture. These industries provide a strong foundation for economic growth, and they offer opportunities for investors to partner with established businesses.
Chief minister Bhupesh Baghel welcomes investors in the state with policy intensive support. The state has relatively low tax rate, which makes it an attractive destination for investors. The state also offers a number of tax incentives, such as exemptions on import duties and sales tax. CM Baghel is committed to creating a pro-business environment. The state has a number of policies in place that are designed to attract and retain investment. These policies include a single-window clearance system, a fast-track investment approval process, and a robust dispute resolution mechanism. It is because f this that it has 19 industrial parks established and 300 more planned.
It is the only state in India that produces tin and approximately produces 30% of aluminum and steel produced in India. CM Baghel’s efforts to bring industrialization include total installed capacity of approximately 24000 MW. Besides mining, Chhattisgarh is home to numerous manufacturing industries, including automobiles, textiles, and food processing. These industries provide employment to a large number of people and contribute significantly to the state’s economy.
Also known as Rice Bowl of India, the state produces a variety of crops, including rice, wheat, pulses, and sugarcane. Agriculture is a major source of income for the people of Chhattisgarh, and it also contributes significantly to the state’s economy.