Chhattisgarh Investor Connect in Hyderabad: Red Carpet Welcomes Investment Proposals Worth ₹9,580 Crore

Chhattisgarh has achieved another major milestone in its push to attract investment, with seven leading companies announcing proposals worth Rs 9,580 crore at the “Chhattisgarh Investor Connect” event held in Hyderabad. The projects are expected to create more than 7,800 jobs across sectors including data centers, cement, semiconductors, GPU infrastructure, solar equipment manufacturing, textiles, pharmaceuticals, and dairy processing.

Chief Minister Vishnu Deo Sai presented invitation-to-invest offer letters to the participating companies and said Chhattisgarh is rapidly emerging as a growth engine for a developed India. He told investors that the state has a “red carpet” welcome for industry and highlighted its business-friendly policies, single-window system, improved infrastructure, and simplified procedures for setting up enterprises.

Sai said that since the introduction of the new industrial policy, investor outreach programs held in Delhi, Mumbai, Bengaluru, Japan, and South Korea have together brought investment proposals worth more than Rs 8 lakh crore to the state. He added that the government is working quickly to convert these proposals into actual projects on the ground.

The largest proposal came from HyperNexT Data Center Ltd, which plans to invest Rs 4,200 crore to establish India’s first dedicated disaster recovery data center campus in Chhattisgarh. The project is expected to strengthen the state’s digital infrastructure and create around 250 jobs. Figrad and Company Pvt Ltd proposed Rs 2,912 crore for a cement project, likely generating about 4,000 jobs. Nivai Labs Pvt Ltd announced a Rs 1,000 crore proposal for facilities related to artificial intelligence, GPU infrastructure, advanced computing, and semiconductor assembly, with about 200 jobs expected.

Other major proposals included SG Mart Ltd’s Rs 700 crore investment in solar energy equipment manufacturing, projected to create around 450 jobs; Sarvana Mills Pvt Ltd’s Rs 528 crore textile and garment unit, likely to employ about 2,500 people; Kabra Drugs’ Rs 200 crore pharmaceutical investment, expected to create around 250 jobs; and Dinshaw’s Dairy Foods Pvt Ltd’s Rs 40 crore dairy processing project, with about 150 jobs anticipated.

During the Hyderabad visit, Sai and the state delegation also held discussions with senior executives from Google India, IBM, Polycab India, Page Industries, and Delta Electronics. These meetings focused on Chhattisgarh’s industrial potential, available infrastructure, and investment-friendly environment. Representatives of the Swami Narayan Gurukul organization also met the chief minister to discuss a proposal for a 650-bed charitable hospital in Raipur’s Tatibandh area.

The investor connect event showcased opportunities in IT, data centers, semiconductors, electronics, pharmaceuticals, aerospace and defense, Global Capability Centers, and advanced manufacturing, drawing strong interest from investors. Officials including CSIDC chairman Rajeev Agrawal and senior industry department and state government officers were present at the event.