Hyderabad: The Chhattisgarh government has intensified its efforts to position the state as a leading investment destination by showcasing its industrial potential at the ‘Chhattisgarh Investor Connect Meet’ held in Hyderabad, Telangana. The high-profile event was attended by Chief Minister Vishnu Deo Sai and Industries Minister Lakhan Lal Dewangan, who directly engaged with leading industry leaders, CEOs, and multinational corporations.
The initiative is part of a broader global outreach strategy, following successful investor meets in Ahmedabad, Mumbai, Delhi, Bengaluru, Japan, and South Korea, aimed at attracting large-scale industrial investments into the state.
Direct Engagement with Global Industry Leaders
During the Hyderabad roadshow, Chief Minister Vishnu Deo Sai held one-on-one meetings with senior executives of major multinational companies, particularly from the IT and pharmaceutical sectors. The discussions focused on investment opportunities, policy reforms, and the state’s evolving industrial ecosystem.
The Chief Minister assured investors that Chhattisgarh is undergoing rapid transformation and has significantly simplified business procedures to create a smooth and investor-friendly environment.
“Red Carpet Welcome” for Investors
Addressing the investors, CM Sai announced a “red carpet welcome” policy for all businesses investing in the state. He emphasized that the government is committed to eliminating bureaucratic hurdles and ensuring seamless facilitation under its Ease of Doing Business framework.
He said the state government is creating a single-window system to provide all necessary approvals and support to investors in one place, reducing delays and improving efficiency.
Ambition to Replicate Hyderabad’s Growth Model
The Chhattisgarh government stated its ambition to replicate Hyderabad’s success story in IT and modern industries. While traditional sectors like coal and steel remain strong pillars, the state is now aggressively expanding into next-generation sectors such as information technology, pharmaceuticals, electronics, and advanced manufacturing.
Industries Minister Lakhan Lal Dewangan highlighted that the new industrial policy (2024–30) has created a highly favorable investment climate, driving economic growth and employment generation.
Over ₹8 Lakh Crore Investment Proposals Received
According to the government, investor outreach programs conducted across India and abroad have already generated investment proposals worth more than ₹8 lakh crore under the new industrial policy framework.
These proposals reflect growing confidence among domestic and global investors in Chhattisgarh’s governance reforms, policy stability, and infrastructure development initiatives.
Major Investments in Data Centers, Cement and AI Sector
Several large-scale investment proposals were announced during the event:
- HyperNext Data Center Ltd: ₹4,200 crore for India’s first dedicated disaster recovery data centre campus
- Fegrade & Co Pvt Ltd: ₹2,912 crore cement manufacturing project, creating around 4,000 jobs
- Nivai Labs Pvt Ltd: ₹1,000 crore investment in AI, GPU infrastructure, advanced computing, and semiconductor assembly
These projects are expected to position Chhattisgarh as a major hub for digital infrastructure, heavy industry, and future technologies.
Major MoUs Worth ₹9,580 Crore Signed in Hyderabad
At the Hyderabad Investor Connect event, seven major companies signed Memorandums of Understanding (MoUs) worth a combined ₹9,580 crore. These investments are expected to generate over 7,800 direct employment opportunities in the state.
Key sector-wise investments include:
- Digital infrastructure and data centers
- Cement manufacturing
- Artificial intelligence and semiconductor technology
- Textiles and garments
- Renewable energy
- Pharmaceuticals and dairy processing
Big Push in Data Centers, AI, and Semiconductors
One of the most significant proposals came from Hypernex Data Center Limited, which plans to invest ₹4,200 crore in setting up India’s first dedicated disaster recovery data center campus in Chhattisgarh.
Figrade & Company Private Limited announced a ₹2,912 crore investment in cement manufacturing, expected to create around 4,000 jobs.
Nivai Labs Private Limited proposed a ₹1,000 crore project focusing on AI infrastructure, GPU computing, advanced computing systems, and semiconductor assembly units—positioning the state as an emerging tech hub.
Textile, Solar, Pharma, and Dairy Investments to Boost Employment
Several other major investment proposals were also announced:
- Shri Saravana Mills Private Limited: ₹528 crore textile and garment unit creating 2,500 jobs, especially for women and youth
- SG Mart Limited: ₹700 crore investment in solar equipment manufacturing
- Kabra Drugs: ₹200 crore pharmaceutical unit generating 250 jobs
- Dindshaws Dairy Foods: ₹40 crore dairy processing unit creating 150 jobs
These projects are expected to significantly boost local employment and industrial diversification.
Global Companies Show Interest in Chhattisgarh
During the Hyderabad visit, the state delegation also held discussions with global technology and manufacturing giants including:
- Google India
- IBM
- Polycab India
- Page Industries
- Delta Electronics
These companies expressed interest in setting up Global Capability Centres (GCCs) and expanding advanced manufacturing operations in Chhattisgarh.
Chhattisgarh Positioned as Emerging Logistics and Industrial Hub
Chief Minister Vishnu Deo Sai highlighted that the state is rapidly emerging as a preferred logistics and industrial hub due to its strategic location, improving infrastructure, and investor-friendly policies.
He reiterated that Chhattisgarh is positioning itself as a key growth engine in India’s journey toward becoming a developed nation.
The Hyderabad Investor Connect Meet marks a major milestone in Chhattisgarh’s industrial expansion strategy. With multi-sector investments, strong policy reforms, and global corporate interest, the state is actively transforming itself into a modern industrial and technology-driven economy.
