Business Economy


Chhattisgarh attracts Rs 9,580 Cr investment proposals at Hyderabad Roadshow

Hyderabad, June 12 (UNI) Chhattisgarh attracted investment proposals worth Rs 9,580 crore across high-growth sectors including data centres, semiconductors and GPU infrastructure, solar energy equipment, textiles, cement, pharmaceuticals and dairy at the state's Investors Connect roadshow held here on Friday.
The proposals, submitted by seven companies, are expected to generate nearly 7,800 direct employment opportunities, reflecting growing investor confidence in Chhattisgarh's industrial ecosystem and investor-friendly policies.
Chhattisgarh Chief Minister Vishnu Deo Sai handed over "Invitation to Invest" letters to prospective investors at the event, which was attended by Chhattisgarh Commerce and Industries Minister Lakhan Lal Dewangan, industrialists, investors and business leaders from southern India.
The single largest proposal came from Hypernext Data Center Limited, which plans to invest Rs 4,200 crore in establishing a state-of-the-art data centre in Chhattisgarh. The project is expected to create around 250 jobs and strengthen the state's digital infrastructure capabilities.
Feegrade and Company Private Limited proposed an investment of Rs 2,912 crore in the cement sector, with the potential to generate employment for around 4,000 people. The investment is expected to support infrastructure development and boost local economic activity.
Nivai Labs Private Limited expressed interest in investing Rs 1,000 crore in semiconductor and GPU infrastructure. The project is expected to create around 200 jobs and help position Chhattisgarh as a participant in India's emerging electronics and digital economy.
SG Mart Limited proposed an investment of Rs 700 crore in solar energy equipment manufacturing. The project, focused on manufacturing solar structure components, is expected to generate employment for about 450 people and contribute to the promotion of renewable energy.
Shri Saravana Mills Private Limited announced plans to invest Rs 528 crore in the textile sector. The labour-intensive project is expected to create approximately 2,500 jobs, particularly benefiting youth and women.
Pharmaceutical company Kabra Drugs proposed an investment of Rs 200 crore in manufacturing and healthcare-related activities, with an estimated employment potential of 250 jobs.
Dinshaw's Dairy Foods Private Limited proposed an investment of Rs 40 crore in milk processing and value-added dairy products. The project is expected to create around 150 jobs while also benefiting dairy farmers.
Earlier addressing the gathering , Chief Minister Sai said Chhattisgarh is rapidly emerging as a preferred investment destination backed by streamlined approvals, a robust single-window clearance system, modern infrastructure and industry-friendly policies.
Inviting Hyderabad-based companies, particularly those in the IT, pharmaceutical and logistics sectors, to invest in the state, Sai assured investors of policy support and a business-friendly environment.
"Chhattisgarh has rolled out the red carpet for investors. 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 is already witnessing encouraging growth in sectors such as IT, manufacturing and services," he said.
The Chief Minister said the state government has organised investor outreach programmes across major Indian cities as well as in countries such as Japan and South Korea, resulting in investment proposals exceeding Rs 8 lakh crore so far.
Highlighting the state's industrial strengths, Sai said Chhattisgarh is emerging as a leader in green steel production and is rapidly strengthening its position as a national power hub.
"The state has received investment proposals worth Rs 3.5 lakh crore in the energy sector alone," he added.
During the Hyderabad visit, Sai and the state delegation held meetings with senior executives of leading companies including Google India, IBM, Polycab India, Page Industries and Delta Electronics. Discussions focused on investment opportunities in Chhattisgarh, industrial infrastructure and the state's pro-industry policies.
Among those present at the event were Principal Secretary to the Chief Minister Subodh Singh, Chief Secretary Vikas Sheel, Commerce and Industries Secretary Rajat Kumar, Investment Commissioner Ritu Sain, CSIDC Managing Director Vishwesh Kumar, CSIDC Chairman Rajeev Agrawal, CII Chhattisgarh Chairman Bajrang Goel, Industries Department Director Prabhat Malik and other senior officials.
UNI KNR CDS
More News

International shipping via Strait of Hormuz declines rapidly post renewed US-Iran clashes

09 Jul 2026 | 10:43 PM

Tehran, Jul 9 (UNI) Global shipping through the Strait of Hormuz has declined sharply following a fresh round of US strikes on Iranian coastal targets.

see more..

NTPC Mines shine in national safety rankings

09 Jul 2026 | 10:28 PM

Ranchi, Jul 9 (UNI) NTPC Mining Limited (NML) has strengthened its position as a leader in mine safety, with three of its coal mines receiving the prestigious 5-star rating in the Star Rating of Open Cast (OC) Coal Mines for the financial year 2024-25, conducted by the Office of the Coal Controller (CCO) under the Ministry of Coal.

see more..

Canara Bank Officials Call on Telangana Governor, Highlight Business Growth

09 Jul 2026 | 8:32 PM

Hyderabad, July 9 (UNI) Senior officials from Canara Bank on Thursday called on Telangana Governor Shiv Pratap Shukla and briefed him on the bank's business growth and key strategic initiatives.

see more..

TCS Q1 FY27 profit rises by 5pc YoY to Rs 13,349 cr

09 Jul 2026 | 7:36 PM

Mumbai, July 9 (UNI) Tata Consultancy Services (TCS) officially announced here on Thursday that it has posted a 5pc year-on-year (YoY) growth in its consolidated net profit at Rs 13,349 crore for the Q1 FY27, as compared to Rs 12,760 crore a year ago.

see more..

Telangana CM calls for development-focused politics, opens Premier Energies Solar Facility

09 Jul 2026 | 7:05 PM

Hyderabad, July 9 (UNI) Telangana Chief Minister A. Revanth Reddy on Thursday said politics should be confined to election periods and the focus should remain on the development of the State.

see more..