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Latest Business News, Business News India Today | The HinduBusinessLine

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Chhattisgarh secures ₹9,580 Cr investment proposals at Hy...
By BL Hyderabad Bureau · 2026-06-12 · via Latest Business News, Business News India Today | The HinduBusinessLine
Chhattisgarh Chief Minister Vishnu Deo Sai said the state is emerging as a preferred investment destination with investor-friendly policies, strong infrastructure and streamlined approvals. (file photo)

Chhattisgarh Chief Minister Vishnu Deo Sai said the state is emerging as a preferred investment destination with investor-friendly policies, strong infrastructure and streamlined approvals. (file photo) | Photo Credit: ANI

The Chhattisgarh Government received investment proposals worth ₹9,580 crore across high-growth sectors in the State Investors Connect organised here on Friday.

The proposed investments were across industries, including data centres, semiconductors and GPU architecture, solar energy equipment, textiles, and pharmaceuticals, according to Vishnu Deo Sai, the Chhattisgarh Chief Minister, who participated in the Connect.

Seven major organisations submitted proposals that are expected to generate around 7,800 direct jobs, underscoring growing investor confidence in the state’s industrial ecosystem and policy framework. The Chief Minister also handed over an “Invitation to invest letter” to prospective investors as part of the State Government’s efforts to position the State as a preferred destination for technology-led and manufacturing investments.

Data centre, cement and semiconductor sectors draw major investments

The largest investment proposal came from Hypernext Data Centre, which expressed its intent to invest ₹4,200 crore to establish a modern data centre in Chhattisgarh, expected to generate approximately 250 jobs.

Feegrade and Company had proposed an investment of ₹2,912 crore in the cement sector, with the potential to create around 4,000 jobs.

Nivai Labs had shown interest in investing ₹1,000 crore in the semiconductor and GPU infrastructure sector. This investment, involving cutting-edge technology, will help integrate the state into the emerging digital and electronics economy and create approximately 200 jobs.

Solar, textile, pharma and dairy sectors also see investment interest

SG Mart, a manufacturer of solar energy equipment, has proposed an investment of Rs 700 crore. which is expected to provide employment to about 450 people.

Saravana Mills had intended to invest ₹528 crore in the textile industry. This project could create approximately 2,500 jobs. Kabra Drugs and Dinshaw’s Dairy Foods proposed investments of ₹200 crore and ₹40 crore, respectively.

Chhattisgarh aims to become preferred investment destination

Speaking at the Connect, Vishnu Deo Sai said Chhattisgarh was emerging as a preferred investment destination, supported by “streamlined approvals, a robust single-window system, strong infrastructure and industry-friendly policies.’’

Inviting Hyderabad-based companies, particularly in the IT, pharmaceutical and logistics sectors, to invest in the state, the Chief Minister said the State Government would extend policy support and a business-friendly environment.

“Hyderabad’s journey from an emerging IT destination to a global technology and innovation hub is inspiring. Chhattisgarh is working on a similar roadmap, and we are already witnessing encouraging results in sectors such as IT, manufacturing and services,” Sai said

Chhattisgarh was emerging as a leader in green steel production and had so far received investment proposals worth ₹3.5 lakh crore in the energy sector, he added.

Published on June 12, 2026