Red carpet rolled out for investment in Chhattisgarh; proposals worth ₹9,580 crore received

Chhattisgarh Chief Minister Vishnu Deo Sai and Commerce and Industry Minister Lakhan Lal Dewangan receiving the investment proposals at an “Investors Connect ” event held in Hyderabad on Friday June 12, 2026 -Photo credit CG/PR

Raipur/Hyderabad : Chhattisgarh has achieved another significant milestone in attracting investment. At the ‘Chhattisgarh Investor Connect’ event held in Hyderabad on Friday June 12, 2026 , seven major companies from various sectors submitted investment proposals worth ₹9,580 crore, which are expected to generate over 7,800 jobs.

Inviting prominent industrialists and investors from across the country to invest in the state, Chief Minister Vishnu Deo Sai remarked that Chhattisgarh is rapidly emerging as a growth engine for a ‘Viksit Bharat’ (Developed India) and that a ‘red carpet’ awaits investors in the state. Chief Minister Sai was accompanied by Chhattisgarh’s Commerce and Industry Minister Lakhan Lal Dewangan in the event ..

Addressing the gathering, Chief Minister Sai noted that following the implementation of the new industrial policy, the state has received investment proposals exceeding ₹8 lakh crore through ‘Investor Connect’ programs held in Delhi, Mumbai, and Bengaluru, as well as in Japan and South Korea.

The state government is working expeditiously to translate these proposals into reality on the ground, Chief Minister Sai affirmed.

Chief Minister Sai stated that Chhattisgarh is emerging as one of the best states in the country for investment. The state offers simplified industrial processes, a single-window system, superior infrastructure, and industry-friendly policies. He invited investors to set up industries in Chhattisgarh.

The Chief Minister noted that Hyderabad has achieved remarkable success in sectors such as IT, pharma, biotechnology, and aerospace. Chhattisgarh is also advancing rapidly in these fields, and industrialists and entrepreneurs from both states can collaborate to capitalise on new opportunities, he added .

He remarked that Chhattisgarh, located in Central India, has the potential to become the country’s premier logistics hub. Surrounded by seven states, it provides direct access to a consumer base of over 600 million people. Its robust railway network, the Bharatmala Project, air cargo facilities, and abundant mineral resources make it highly conducive to industrial growth, Sai notified.

The Chief Minister highlighted that Chhattisgarh is among the leading states promoting ‘green steel’ in the country. The state has received investment proposals exceeding ₹3.5 lakh crore in the energy sector, positioning it as a major power hub for the nation, he reaffirmed .

During the event, Chief Minister Vishnu Deo Sai handed over ‘Invitations to Invest’ (offer letters) to seven major companies. These include leading firms from sectors such as data centers, cement, semiconductor and GPU infrastructure, solar equipment manufacturing, textiles, pharmaceuticals, and dairy processing.

The largest investment proposal came from Hypernext Data Center Limited, which proposed an investment of ₹4,200 crore to establish India’s first dedicated disaster recovery data center campus in Chhattisgarh. This project will strengthen the state’s digital infrastructure and enable Chhattisgarh to emerge as a key hub in the data center sector. It is expected to generate approximately 250 jobs.

Feegrade & Company Private Limited has proposed an investment of ₹2,912 crore in the cement sector, which is likely to provide employment to around 4,000 people. Meanwhile, Niwai Labs Private Limited has proposed an investment of ₹1,000 crore to develop facilities related to AI (Artificial Intelligence), GPU infrastructure, advanced computing, and semiconductor assembly. This initiative will boost modern technology industries in the state and create approximately 200 jobs.

SG Mart Limited, operating in the solar energy equipment manufacturing sector, has proposed an investment of ₹700 crore, potentially creating jobs for about 450 people. Shri Saravana Mills Private Limited has proposed setting up a state-of-the-art textile and garment manufacturing unit with an investment of ₹528 crore; this project is expected to provide employment to approximately 2,500 people.

Kabra Drugs (pharmaceutical sector) and Dinshaw’s Dairy Foods Private Limited (dairy sector) have proposed investments of ₹200 crore and ₹40 crore, respectively. These two projects are expected to generate approximately 250 and 150 jobs, respectively. During a visit to Hyderabad,

Chief Minister Vishnu Deo Sai and the state delegation held meetings with senior executives from several leading national companies, including Page Industries, Delta Electronics, Axis Energy, Celkon Group, and Magnumwings. The discussions focused on investment opportunities in Chhattisgarh, available industrial facilities, and the state government’s industry-friendly policies.

Additionally, representatives from the Swaminarayan Gurukul organisation met the Chief Minister to discuss a proposal for establishing a 650-bed charitable hospital at Tatibandh, Raipur. Investment opportunities in future-oriented sectors—such as IT, data centers, semiconductors, electronics, pharmaceuticals, aerospace and defense, Global Capability Centers (GCCs), and advanced manufacturing—were prominently showcased at the Investor Connect event. Investors showed keen interest in these sectors.

The event was attended by CSIDC Chairman Rajiv Agrawal, Principal Secretary to the Chief Minister Subodh Kumar Singh, Secretary of the Department of Industries Rajat Kumar, Secretary to the Chief Minister Rahul Bhagat, Investment Commissioner Ritu Sain, CSIDC Managing Director Vishwesh Kumar, Director of the Department of Industries Prabhat Malik, and other officials.