21 October 2026
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Chhattisgarh Secures ₹33,000 Crore Investment Proposals at Ahmedabad Investor Connect Meet

CM Vishnu deo Sai engages top Indian industry leaders; highlights state’s 350+ business reforms, strong energy base, and skilled workforce to attract investments across power, green steel, solar, and pharma sectors.
Indian Masterminds Stories

Ahmedabad: Chhattisgarh Chief Minister Vishnu deo Sai showcased the state’s growing industrial potential and investor-friendly environment at the Investor Connect Meet held in Ahmedabad, where the state received investment proposals worth ₹33,000 crore across multiple sectors, including thermal power, green steel, solar energy, pharmaceuticals, and healthcare.

The event witnessed participation from India’s leading business groups and industry leaders. CM Sai personally handed over investment intent letters to major companies, marking a significant milestone in Chhattisgarh’s journey toward rapid industrialization and employment generation. The proposed investments are expected to create over 10,500 direct jobs in the state.

Gujarat–Chhattisgarh Partnership for “Viksit Bharat”

Speaking at the event, CM Sai expressed enthusiasm about visiting the “land of enterprise and innovation” — Gujarat — and emphasized the synergy between the two states.

“Gujarat embodies the spirit of enterprise, while Chhattisgarh has energy, minerals, skilled manpower, and a progressive industrial policy. Together, both states will play a crucial role in building a Viksit Bharat (Developed India),” he said.

He added that Chhattisgarh has implemented over 350 reforms in the past 22 months, making it easier to establish industries through faster clearances under the single-window system. The state’s new Industrial Policy offers special incentives and subsidies, particularly for industries setting up units in tribal regions like Bastar and Surguja.

Read also: Chhattisgarh Tops DPIIT BRAP Rankings 2025, Achieves Top Performer Status in All Business Reform Categories

Strong Performance in Energy and Industrial Growth

CM Sai highlighted Chhattisgarh’s position as the second-largest coal-producing state in India and said the recent Energy Summit attracted over ₹3.5 lakh crore worth of proposals.
He noted that the state’s abundant coal, water, and power infrastructure make it ideal for investments in thermal, hydro, solar, and forest-based industries.

The Chief Minister also mentioned that Nava Raipur is being developed as an emerging IT and AI Data Center hub, with semiconductor and electronics companies showing growing interest.
Furthermore, the government has accorded industry status to tourism, unlocking new opportunities in the hospitality and wellness sectors.

Major Companies Announce Investment Commitments

  1. Torrent Power Ltd (Ahmedabad): ₹22,900 crore investment for a 1,600 MW thermal power plant, generating 5,000 jobs.
  2. Onix Three Enersol Pvt. Ltd: ₹9,000 crore for green hydrogen, ammonia, and green steel manufacturing, creating 4,082 jobs.
  3. Mala Creation Pvt. Ltd (Surat): ₹700 crore for 2GW solar cell manufacturing, generating 500 jobs.
  4. Torrent Pharmaceuticals Ltd: ₹200 crore for a pharmaceutical manufacturing unit, employing 200 people.
  5. Lizium Life Sciences Pvt. Ltd: ₹101 crore for pharma and medical food supplements, creating 750 jobs.
  6. Sapphire Semicom Pvt. Ltd: ₹120 crore in semiconductor manufacturing, providing 4,000 jobs.
  7. Multi Super Specialty Hospital Project: ₹300 crore investment to strengthen healthcare and generate local employment.

Chhattisgarh – A Rising Investment Destination

Over the past two years, Chhattisgarh has received investment intents exceeding ₹7.5 lakh crore, signaling strong investor confidence. The state’s focus on ease of doing business, skilled manpower development, and infrastructure modernization has made it one of India’s fastest-growing industrial hubs.

Officials Present

The delegation included Rajeev Agrawal (Chairman, CSIDC), Subodh Kumar Singh (Principal Secretary to CM), Rajat Kumar (Industry Secretary), Rahul Bhagat (Secretary to CM), and Vishwesh Kumar (MD, CSIDC), among others.

Read also: Naxalism in Chhattisgarh Nearing End: CM Sai Promises Safe Investment Climate for Gujarat Entrepreneurs


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