Raipur: Chhattisgarh’s newly introduced Industrial Policy (2024-2029) provides a lucrative opportunity to investors under the leadership of Chief Minister Vishnu Deo Sai. The state government measures that are proactive in promoting industries are paying off in that good proposals worth over ₹1.23 lakh crore have been drawn in until now. It points to the growing industrial development and economic progress in the state.
The new policy places’ Innovation, Investment and Industrial Growth’ as the priority and so gives a number of incentives and benefits to large, medium and small enterprises. These measures have given a good business environment that has attracted the domestic investors as well as the international investors to explore the opportunities of Chhattisgarh.
The state’s Industry Department has recently said that in the past six months, the bulk of investment proposals received were for steel, cars, drugs, IT, energy, agriprocessing, and textiles. The Vishnu Deo Sai government has already approved the big ticket projects worth over ₹40,000 crore and discussions with several other investors are finalised.
Chhattisgarh’s economy is expected to be further reinforced by the surge in industrial investment, which will result in thousands of new employment opportunities. Moreover, the government is improving its rolling out policies and infrastructure so that projects can be rolled out smoothly. Chhattisgarh is becoming a hub for industrial growth and it has emerged as a profitable destination as it offers ease of doing business, tax benefits, land allotment, etc.
With ever-increasing investor confidence, the state is well poised for an industrial and business boom in the years ahead, and it is positioned as an industrial and business excellence in the country.
oin our whatsapp group for Latest updates
Click Here for Chhattisgarh News
Click Here for Entertainment News