Chhattisgarh Receives Rs 60 Bn in Investment Proposals at Meet
ECONOMY & POLICY

Chhattisgarh Receives Rs 60 Bn in Investment Proposals at Meet

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.

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.

Next Story
Products

Koemmerling opens Navi Mumbai experience centre

Koemmerling, a brand of the profine Group, has expanded its presence in the Mumbai metropolitan region with the opening of a new experience centre in Navi Mumbai and launched its Allure S46 minimal sliding door system for the Indian market.Located in CBD Belapur, the facility was inaugurated by Peter Mrosik, Owner and CEO, profine Group, along with Farid Khan, Chairman and Managing Director, profine India, and Kamal Bajaj, CEO, profine India.The company said the new centre will showcase its portfolio of uPVC and aluminium window and door systems to architects, developers and homeowners.The ina..

Next Story
Products

India's waterproofing market nears Rs 150 bn milestone

India's waterproofing industry is approaching a market size of Rs 150 billion and is expected to surpass the $2 billion milestone, according to speakers at the 2nd India International Waterproofers Conference & Expo 2026 organised by the Waterproofers Association of India (WAI) in New Delhi.The two-day event brought together more than 20 speakers, 55 international delegates and 53 exhibition booths, with discussions focusing on climate-resilient construction, advanced waterproofing technologies and international collaboration.Inaugurating the event, Durga Shanker Mishra, former Secretary, ..

Next Story
Real Estate

Dilip Buildcon Q1 FY27 Revenue at Rs 23.78 billion

Dilip Buildcon Limited reported consolidated revenue from operations of Rs 2,378 crore in Q1 FY27, along with EBITDA of Rs 429 crore and profit after tax of Rs 128 crore.Consolidated EBITDA margin stood at 18.1%, improving from 17.1% in Q4 FY26. On a standalone basis, revenue from operations was Rs 1,930 crore, EBITDA stood at Rs 199 crore and PAT was Rs 39 crore, with an EBITDA margin of 10.3%.The company’s order book stood at Rs 27,691 crore as of 30 June 2026, compared with Rs 28,830 crore as of 31 March 2026. Roads and highways accounted for 17.1% of the order book, irrigation and water ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement