New Delhi, May 26, 2025: With the investment proposal of more than Rs 300 crore, Chhattisgarh will become one of the largest transformer manufacturing centers in the country. Karamveer Electronics Limited, a well-established name in the electrical equipment sector, has proposed an investment of over Rs 300 crore to set up a state-of-the-art transformer manufacturing facility in Raipur.
On this occasion, the Managing Director of the company, Mr 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. Mr Jain said that this unit will be the country’s most advanced transformer manufacturing unit from a technical point of view, which will prove to be a milestone in meeting the needs of the energy sector in the future.
On this occasion, Principal Secretary to the Chief Minister Subodh Singh, Investment Commissioner of Chhattisgarh in New Delhi, Ritu Sen, were also present.
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, provide employment for local youth, and promote industry-based development. This initiative especially strengthens the slogan of “Make in Chhattisgarh”, where now transformers made with state-of-the-art technology will illuminate the entire country.
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