Chhattisgarh's Investor Connect Meeting in Mumbai: ₹6,000 Crore Investment Proposals and Global Investor Interest

Mumbai: During the second phase of Chhattisgarh's ‘Investor Connect Meeting’ held in Mumbai, both Indian and international business leaders engaged with Chief Minister Vishnu Deo Sai to explore investment opportunities in the state.
A total of ₹6,000 crore in investment proposals were received from leading companies in sectors such as plastics, textiles, IT, and food processing. The discussions also included potential investments in sectors like healthcare, education, IT, and tourism, with American Consul General Mike Hankey and Russian Consul General Ivan V. Fetisov contributing to the talks.
₹6,000 Crore Investment Proposals Unveiled
According to a statement from the state government, the discussions centered around attracting investments that will boost the state's industrial development and generate thousands of job opportunities. Among the major proposals, ₹2,367 crore came from Ambuja Cement.
Since the launch of Chhattisgarh's new industrial policy last November, Chief Minister Sai mentioned that the state has already attracted ₹1 lakh crore in potential investments through meetings in Raipur, Delhi, and Mumbai.
The 2024-30 industrial policy adopts the mantra of 'Minimum Governance, Maximum Incentives,' streamlining processes such as No Objection Certificates (NOCs) and approvals through a single-window system, which has eased the investment process for businesses.
Industrial Development Plans in Nagranar and Raipur
Chief Minister Sai also announced the launch of a new data center in New Raipur, which will further help in transforming the city into an IT hub. The government revealed that several IT companies have already started operations in the region. Additionally, a new industrial area will be developed at Niyanar village near the Nagarna steel plant in Bastar, covering 118 acres.
This initiative is expected to foster the growth of small, micro, and medium enterprises (SMMEs). Bastar and Surguja have been identified as priority areas for industrial investment.
Major Investments in Plastics and Textiles
Leading companies in the plastics and textile sectors have shown strong interest in Chhattisgarh. The Welspun Group has announced plans to invest ₹500 crore in the state, while Drulz, a pet food manufacturer, has committed ₹625 crore in Rajnandgaon to expand production.
CritTech Technologies proposed an investment of ₹600 crore in the IT sector, and Bombay Hospital Trust has committed ₹700 crore to establish a world-class hospital, which will provide healthcare services not just to Chhattisgarh but also to neighboring states. Additional proposals include investments of ₹45 crore from Nantex Machinery, ₹39.5 crore from Nantex Industries, ₹80 crore from Pidilite Industries, and ₹50 crore from Vision Plus Security.
Altogether, these commitments amount to ₹6,000 crore in potential investments. Engagement from Major Industry Leaders Aditya Birla Group's Chairman Kumar Mangalam Birla met with the Chief Minister to discuss expanding their industries in Chhattisgarh, focusing on textiles, paints, and jewelry.
Godrej Group's Executive Director Tanya Dubash also expressed interest in investing in the chemical fertilizer, agriculture, food processing, and molded furniture sectors in the state. In addition, senior advisor Dr. Haseeb Drabu from Essar Group discussed investment opportunities in energy, infrastructure, steel, and mining sectors, while Santosh Kataria, President of the Clothing Manufacturers Association of India, highlighted the state’s abundant mineral resources and skilled workforce as key advantages for the textile industry.
Infrastructure Developments and Future Investments
Chief Minister Sai highlighted that significant investments have been made in New Raipur, totaling $1.6 billion, making the city one of the most advanced in terms of infrastructure. He further mentioned that new projects worth $2.1 billion will be launched over the next five years.
With the presence of IIT and IIM in the state, Chhattisgarh offers a skilled technical workforce for industries. The state’s connectivity, with ongoing expressways to Ranchi, Visakhapatnam, and Hyderabad, further strengthens its appeal. The government has also invested heavily in railway infrastructure to support industrial growth and logistics.
Chhattisgarh: A Leader in Energy and Mineral Production
The Chief Minister also emphasized Chhattisgarh's leading position in mineral resources and power production. The state is rich in key minerals like coal, iron, and bauxite, and is one of the top producers of steel, cement, and aluminum in India. With a power production capacity of 25,000 MW, Chhattisgarh is a "zero power cut" state.
The state contributes 16% of the country’s steel production and 15% of aluminum production. Chhattisgarh is also the only state in India to produce tin and has significant lithium reserves, positioning it as a key player in the electric vehicle sector. The state government’s proactive steps and strong industry engagements are paving the way for Chhattisgarh to become a major industrial hub in India.