Raipur: Farsighted decisions of Chhattisgarh Government to expedite the industrial development in the state, under the leadership of Chief Minister Mr. Bhupesh Baghel, have begun to yield significant results. In last two and a half years, 1564 industrial units have been established in the state with the capital investment of more than Rs 18 thousand 882 crore. This has provided direct employment to more than 30 thousand people in the state and has expedited the industrial development.

The new industrial policy of the state is effective from 2019 to 2024. This new industrial policy of the state government has created a favourable environment for industrial and economic development in Chhattisgarh. Under the leadership of Chief Minister Mr. Bhupesh Baghel, state government has provisioned special packages and concessions to prioritize agriculture and forest based industries as well as to create a conducive environment for investment. Besides, the rules for establishment and operation of industries have also been simplified.
Between January 1, 2019 and August 23, 2021,132 MoUs have been signed to set up new industries in the state with the proposed capital investment of Rs 58,950 crore. This will provide employment to more than 78 thousand people. This includes projects in the core sector as well as the projects related to ethanol, food sector, pharmaceutical, electronic, defence, solar etc. At present, 13 MoUs have been signed for setting up the state's ambitious industrial project- Bio Ethanol Plant with the proposed capital investment of Rs 2 thousand 202 crore.
It is noteworthy that Global Investors Meet 2022 'Investgarh Chhattisgarh' will be organized from 27 January 2022 to 1 February 2022 to promote investment in Chhattisgarh. State Government has set the target of attracting global investment worth more than 50 billion dollars through the event of 'Investgarh Chhattisgarh'. This event would serve as the platform to bring together world's leading investor communities, companies, business leaders and state government officials and local industrialists. This will give impetus to the industrial development of the state and create new employment opportunities. The investor communities and global companies participating in the Global Investors Meet will be informed about the prospects and benefits of investment in Chhattisgarh, state government's policy, procedure, rules and their queries will be resolved.