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Chhattisgarh receives proposals of Rs 6,000 crore at traders’ meet in Mumbai

Chhattisgarh receives proposals of Rs 6,000 crore at traders’ meet in Mumbai
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Chhattisgarh on Thursday attracted funding proposals price Rs 6,000 crore from main corporations in several sectors, together with plastic, textile, IT and meals processing, an official assertion stated. On the second leg of Chhattisgarh’s ‘Traders Join Meet’ organised in Mumbai, industrialists from India and overseas held discussions with Chief Minister Vishnu Deo Sai to discover funding alternatives within the state, it stated.

Sai additionally held discussions with US Consul Common Mike Hankey and Consul Common of Russia Ivan Y Fetisov on funding potentialities within the state in areas like well being, training, IT and tourism, it stated.

The discussions with enterprise leaders from India and overseas centered on exploring potential investments that may enhance the state’s industrial development and create 1000’s of employment alternatives, the assertion stated.

The state acquired proposals of Rs 6,000 crore from main corporations specializing in plastic, textile, IT and meals processing sectors. The best funding proposal of Rs 2,367 crore got here from Ambuja Cement, it stated.

For the reason that launch of its new industrial coverage in November final yr, CM Sai stated, Chhattisgarh has attracted Rs 1 lakh crore potential investments via traders’ meets organised in Raipur, Delhi and Mumbai.

Sai stated the state’s new Industrial Coverage for 2024-30 has adopted the motto ‘Minimal Governance, Most Incentives’.

Below this method, the method for acquiring No Objection Certificates (NOCs) has been streamlined, and clearances are actually processed via a single-window system, providing vital aid to traders, the assertion stated.

The CM stated the state has launched enticing provisions in rising industries comparable to synthetic intelligence, robotics, computing, and inexperienced hydrogen.

He additionally introduced the launch of a brand new knowledge centre in Nava Raipur, additional bolstering the town’s transformation into an data and know-how hub. A number of IT corporations have already began operations within the space, the discharge stated.

In line with Sai, plans are afoot to determine a brand new industrial space spanning 118 acres in Niyanar village close to the Nagarnar Metal Plant in Bastar. It would create alternatives for the event of small, micro, and medium enterprises on a big scale, the discharge stated.

Quoting the CM, the assertion stated that Bastar and Surguja have been designated because the highest-priority areas for industrial funding promotion.

Welspun Group, a frontrunner in plastic and textiles, has shared plans to speculate Rs 500 crore in Chhattisgarh, whereas Drools Firm has introduced an funding of Rs 625 crore in Rajnandgaon district to extend its manufacturing of pet meals, the discharge stated.

Kritech Applied sciences has proposed to speculate Rs 600 crore within the IT sector. Bombay Hospital Belief has provided to speculate Rs 700 crore within the healthcare sector, it stated.

Of the opposite proposals, Nantex Equipment plans to speculate Rs 45 crore, Nantex Industries Rs 39.50 crore, Pidilite Industries Rs 80 crore and Imaginative and prescient Plus Safety Rs 50 crore, the discharge added.

Aditya Birla Group chairman Kumar Mangalam Birla additionally met the chief minister and mentioned the growth of his industries within the state. The conglomerate has expressed the potential for investing in textiles, paint and jewelry in Chhattisgarh, it stated.

Dr Haseeb Drabu, senior advisor of Essar Group, a key participant in vitality, metal, and logistics, has expressed the potential for funding in sectors like vitality, infrastructure, metal and mining in Chhattisgarh, the assertion stated.



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