CM Vishnu Deo Sai Invites Investors to India’s Emerging Growth Hub; Data Centres, AI, Textiles, Pharma and Renewable Energy Lead Investment Interest
RAIPUR (Economy India): Chhattisgarh has secured investment proposals worth ₹9,580 crore during the ‘Chhattisgarh Investor Connect’ held in Hyderabad, marking another significant milestone in the state’s efforts to position itself as one of India’s fastest-growing investment destinations.
The proposed investments, received from seven major companies across sectors including data centres, artificial intelligence, semiconductors, textiles, pharmaceuticals, renewable energy and dairy processing, are expected to generate more than 7,800 employment opportunities in the state.
Addressing investors, industrialists and business leaders, Chief Minister Vishnu Deo Sai described Chhattisgarh as a rapidly emerging growth engine of a developed India and assured investors that the state government has rolled out a “red carpet” for industries looking to establish operations in the region.
Chhattisgarh Emerges as a Major Investment Destination
The Chief Minister highlighted that since the launch of the state’s new industrial policy, Chhattisgarh has received investment proposals exceeding ₹8 lakh crore through investor outreach programmes conducted in Delhi, Mumbai, Bengaluru, Hyderabad, Japan and South Korea.
According to Sai, the government is now focused on converting these commitments into on-ground projects that create jobs, boost industrialization and strengthen economic growth.
“Chhattisgarh is emerging as one of the most attractive destinations for investment in India. Investors benefit from simplified procedures, a robust single-window clearance system, world-class infrastructure and industry-friendly policies,” he said.
Hyderabad Investor Connect Draws Strong Response
The event witnessed participation from leading investors and corporate representatives from South India.
The state government showcased investment opportunities in future-ready sectors such as:
- Information Technology (IT)
- Data Centres
- Semiconductors
- Electronics Manufacturing
- Artificial Intelligence (AI)
- Pharmaceuticals
- Aerospace & Defence
- Global Capability Centres (GCCs)
- Advanced Manufacturing
- Renewable Energy
Investors expressed strong interest in these emerging sectors, reflecting growing confidence in Chhattisgarh’s industrial ecosystem.
Investment
| Company | Sector | Proposed Investment |
|---|---|---|
| HyperNext Data Center Ltd | Data Centre Infrastructure | ₹4,200 Crore |
| Feegrade & Company Pvt Ltd | Cement Manufacturing | ₹2,912 Crore |
| Nivai Labs Pvt Ltd | AI, GPU & Semiconductor Infrastructure | ₹1,000 Crore |
| SG Mart Ltd | Solar Equipment Manufacturing | ₹700 Crore |
| Sri Saravana Mills Pvt Ltd | Textile & Apparel Manufacturing | ₹528 Crore |
| Kabra Drugs | Pharmaceuticals | ₹200 Crore |
| Dinshaw’s Dairy Foods Pvt Ltd | Dairy Processing | ₹40 Crore |
Total Investment Proposed: ₹9,580 Crore
India’s First Dedicated Disaster Recovery Data Centre Campus
The largest proposal came from HyperNext Data Center Limited, which announced plans to invest ₹4,200 crore to establish India’s first dedicated Disaster Recovery Data Centre Campus in Chhattisgarh.
The project is expected to:
- Strengthen India’s digital infrastructure
- Improve data security capabilities
- Position Chhattisgarh as a major data centre hub
- Generate approximately 250 direct jobs
Industry experts believe the project could significantly enhance the state’s standing in the digital economy.
AI and Semiconductor Ecosystem Gets a Boost
Another notable proposal came from Nivai Labs Private Limited, which plans to invest ₹1,000 crore in:
- Artificial Intelligence infrastructure
- GPU computing facilities
- Advanced computing systems
- Semiconductor assembly capabilities
The initiative is expected to generate around 200 jobs while helping establish a technology-focused industrial ecosystem in the state.
Manufacturing and Textile Sector Expansion
The manufacturing sector also attracted substantial interest.
Feegrade & Company Pvt Ltd proposed an investment of ₹2,912 crore in cement manufacturing, potentially creating nearly 4,000 jobs.
Meanwhile, Sri Saravana Mills Pvt Ltd plans to establish a modern textile and apparel manufacturing unit with an investment of ₹528 crore, creating approximately 2,500 employment opportunities.
The textile project aligns with Chhattisgarh’s strategy to expand labour-intensive industries and enhance exports.
Renewable Energy and Green Growth
Renewable energy emerged as another key area of investment interest.
SG Mart Limited proposed a ₹700 crore investment in solar energy equipment manufacturing, which could generate around 450 jobs.
Chief Minister Sai noted that Chhattisgarh is among India’s leading states promoting green steel and clean energy initiatives.
The state has already received energy-sector investment proposals worth more than ₹3.5 lakh crore, positioning it as a future power and energy hub.
Strategic Location Enhances Investment Appeal
Highlighting Chhattisgarh’s geographical advantages, Sai said the state has the potential to become one of India’s most important logistics hubs.
Key Competitive Advantages
- Strategic location in Central India
- Connectivity to seven neighbouring states
- Access to over 600 million consumers
- Expanding railway network
- Bharatmala highway connectivity
- Air cargo infrastructure
- Rich mineral resources
- Competitive industrial policies
These factors make the state particularly attractive for manufacturing and supply-chain-driven industries.
Engagement with Industry Leaders
During the Hyderabad visit, the Chief Minister and the state delegation held discussions with senior executives from several leading companies, including:
- Page Industries
- Delta Electronics
- Axis Energy
- Celkon Group
- Magnum Wings
The meetings focused on industrial opportunities, investment facilitation and sector-specific growth prospects in Chhattisgarh.
In a significant social infrastructure proposal, representatives of the Swaminarayan Gurukul Organisation also discussed plans to establish a 650-bed charitable hospital in Tatibandh, Raipur, which could enhance healthcare services in the region.
Employment and Economic Impact
The proposed projects are expected to create over 7,800 direct employment opportunities, particularly in:
- Technology and IT
- Manufacturing
- Renewable Energy
- Pharmaceuticals
- Textiles
- Data Infrastructure
The investments are also likely to generate indirect employment and strengthen local supply chains.
The Hyderabad Investor Connect reinforces Chhattisgarh’s growing reputation as an emerging investment destination for both traditional and future-focused industries.
With ₹9,580 crore in fresh proposals, strong investor interest in advanced technology sectors and continued policy support from the state government, Chhattisgarh is positioning itself as a key contributor to India’s industrial and economic transformation.
(Economy India)
