Chhattisgarh Receives Rs 60 Bn in Investment Proposals at Meet

27 Jan 2025 CW Team

Chhattisgarh attracted investment proposals totalling Rs 60 billion at an investor connect meet held on Thursday, focusing on sectors such as plastic, textile, information technology, and food processing.

The largest proposal, valued at Rs 2,367 crore, came from Ambuja Cement, the state government announced in a statement.

During the meet, Chief Minister Vishnu Deo Sai engaged in discussions with the US Consul General Mike Hankey and the Consul General of Russia, Ivan Y Fetisov, regarding investment opportunities in health, education, IT, and tourism sectors.

The state’s ongoing investment drive has yielded significant results, with proposals worth Rs 1 lakh crore received through previous investor meets in Raipur, Delhi, and Mumbai since the launch of the new industrial policy.

To facilitate ease of doing business, the state has streamlined the process for obtaining No Objection Certificates (NOCs) and implemented a single-window clearance system, providing substantial relief to investors. The government has also introduced special concessions for sectors such as electronics, pharmaceuticals, textiles, food, and agro-processing.

The chief minister revealed plans to establish a new industrial area near the Nagarnar Steel Plant in Bastar, which will offer opportunities for micro, small, and medium enterprises. Bastar and Surguja have been designated as priority regions for industrial investment.

Infrastructure Transport

11 May 2026

Shivraj Chouhan Launches PMGSY IV and Announces Package for Madhya Pradesh

Union Minister Shivraj Singh Chouhan launched the Pradhan Mantri Gram Sadak Yojana (PMGSY) IV at Bhairunda in Sehore district during the 25 year celebrations and announced a development package for Madhya Pradesh. The programme was organised by the Union Ministry of Rural Development and attended by Chief Minister Dr Mohan Yadav, ministers of state, state ministers, legislators and senior officials from the centre and the state. The minister said the central government under the Prime Minister is committed to strengthening rural livelihoods through improved connectivity, housing and women's in..

DMR Engineering Reports FY 25-26 Financial Results

DMR Engineering reported its half year results for the financial year ended 31 March 2026 and published full year figures on a standalone basis. Standalone revenue from operations decreased by 2.01 per cent year-over-year to Rs 102.58 million (mn), while profit after tax declined by 43.94 per cent to nine point five six mn, leaving a profit after tax margin of nine point zero five per cent. Earnings per share stood at Rs zero point nine two, a fall of 44.71 per cent year-over-year. The company attributed part of the decline to one-off provisioning for bad debts and additional financing charges..

Atlanta Electricals Posts Strong FY26 Growth And Debt Free Finish

Atlanta Electricals reported audited consolidated results for the quarter and year ended 31 March 2026. The company recorded significant year-on-year revenue growth driven by capacity ramp-up at new facilities and higher utilisation at legacy plants. The announcement summarised operating improvements and strategic milestones achieved during the year. For Q4 the company reported revenue of Rs 7.48 bn and for FY26 revenue of Rs 18.52 bn, representing robust growth versus the prior year. EBITDA in Q4 was Rs. 1.49 bn and Rs. 3.44 bn for the full year, with margins expanding to 20 per cent in the q..