Chhattisgarh has attracted significant investor interest at a recent “Investor Connect” roadshow held in Hyderabad, securing investment proposals worth over ₹9,580 crore across multiple sectors, according to a report by Swarajya.
At the event, held on June 12, the state government received commitments from seven companies spanning industries such as pharmaceuticals, solar manufacturing, cement, textiles, dairy, and digital infrastructure. The initiative is expected to generate more than 7,800 potential jobs if these projects are implemented as planned.
A major highlight of the event was a proposed ₹4,200 crore investment by Hypernext Data Centre Limited for setting up a large-scale data centre in Chhattisgarh, which is projected to create around 250 jobs. This reflects the state’s growing push to position itself in the digital infrastructure and data services ecosystem.
In the industrial manufacturing segment, Feegrade and Company Private Limited committed ₹2,912 crore for expansion in the cement sector, with an estimated employment potential of around 4,000 people. Another notable proposal came from Nivai Labs Private Limited, which expressed interest in investing ₹1,000 crore in semiconductor and GPU-related infrastructure, indicating early-stage interest in advanced technology manufacturing in the state.
The renewable energy sector also saw participation, with SG Mart Limited proposing ₹700 crore for solar equipment manufacturing. Meanwhile, Shri Saravana Mills Private Limited committed ₹528 crore for textile manufacturing operations, which could generate approximately 2,500 jobs.
Smaller but strategically important investments were also announced in pharmaceuticals and dairy. Kabra Drugs pledged ₹200 crore for pharmaceutical expansion, while Dinshaw’s Dairy Foods Private Limited proposed ₹40 crore for dairy sector development. These investments reflect Chhattisgarh’s efforts to diversify beyond traditional heavy industries.
The event was overseen by Vishnu Deo Sai, who emphasized the state’s improving industrial environment. He stated that Maoist influence has been eliminated from all districts in Chhattisgarh, positioning the state as more stable for long-term investment. He also noted that the state’s new industrial policy has already attracted proposals worth nearly ₹8 lakh crore, with several projects currently moving toward implementation.
During the roadshow, the state delegation also engaged with senior representatives from global and domestic companies including Google India, IBM, Polycab India, Page Industries, and Delta Electronics to explore further investment opportunities. These discussions indicate a broader strategy to attract both manufacturing and high-tech industries.
Overall, the Hyderabad Investor Connect event signals Chhattisgarh’s aggressive push to position itself as an emerging industrial and technology investment hub. While the figures represent proposals rather than confirmed investments, they highlight growing investor interest in the state’s infrastructure, policy incentives, and sectoral diversification strategy.
Image- ndtv.com
