Chhattisgarh secured investment proposals worth Rs 9,580 crore across high-growth sectors including data centres, semiconductors, solar equipment, textiles, pharmaceuticals, cement and dairy at the Investors Connect programme held in Hyderabad on Thursday. The proposals, received from seven major companies, are expected to create around 7,800 direct jobs, reflecting rising investor confidence in the state’s industrial ecosystem and business-friendly policies. Chief Minister Vishnu Deo Sai handed over ‘Invitation to Invest’ letters to prospective investors, reaffirming the government’s commitment to making Chhattisgarh a preferred destination for technology-driven and manufacturing investments. Commerce and Industries Minister Lakhan Lal Dewangan, senior officials and leading industrialists from southern India were present at the event.

 

The largest proposal came from Hypernext Data Center Limited, which plans to invest Rs 4,200 crore to establish a state-of-the-art data centre, generating around 250 jobs. In the cement sector, Feegrade and Company Private Limited proposed an investment of Rs 2,912 crore, with the potential to create nearly 4,000 jobs. In the emerging technology segment, Nivai Labs Private Limited expressed interest in investing Rs 1,000 crore in semiconductor and GPU infrastructure, expected to generate around 200 jobs. SG Mart Limited proposed an investment of Rs 700 crore in solar energy equipment manufacturing, creating about 450 employment opportunities.

 

The textile sector also received a major boost with Shri Saravana Mills Private Limited proposing an investment of Rs 528 crore, likely to generate around 2,500 jobs. Kabra Drugs announced plans to invest Rs 200 crore in pharmaceutical manufacturing, while Dinshaw’s Dairy Foods Private Limited proposed a Rs 40 crore investment in milk processing and value addition. Addressing the gathering at Hotel Park Hyatt, Chief Minister Sai said Chhattisgarh has emerged as an attractive investment destination due to its streamlined approval process, robust single-window clearance system, modern infrastructure and industry-friendly policies. Inviting Hyderabad-based companies, particularly from the

 

IT, pharmaceutical and logistics sectors, to invest in the state, he assured full policy support and a business-friendly environment. Sai said Chhattisgarh is following a development roadmap similar to Hyderabad’s transformation into a global technology hub. He added that investor outreach programmes organised across major Indian cities and countries such as Japan and South Korea have so far generated investment proposals worth over Rs 8 lakh crore. Highlighting the state’s industrial strengths, the Chief Minister said Chhattisgarh is rapidly emerging as a leader in green steel production and has received energy-sector investment proposals worth Rs 3.5 lakh crore. During the Hyderabad visit, the Chief Minister and the state delegation also held meetings with senior executives of leading companies, including Google India, IBM, Polycab India, Page Industries and Delta Electronics, to discuss investment opportunities. He also met representatives of the Swaminarayan Gurukul organisation regarding a proposal to establish a 650-bed charitable hospital at Tatibandh in Raipur.