Chhattisgarh attracts Rs 151.84 billion investment for renewable energy
Author: PPD Team Date: December 24, 2024
Chhattisgarh has secured investment proposals worth Rs 151.84 billion from top companies in sectors like semiconductors, electric vehicles (EV), and renewable energy.
The highest proposal of Rs 115 billion comes from Renew Power Limited for pump storage and green hydrogen projects.
Other notable investments include Rs 16.5 billion from TWI Group for EV kit manufacturing, Rs 11.34 billion from Polymatech Electronics in semiconductors, and Rs 3 billion from Teleperformance for a BPO centre.
The state government is simplifying the investment process, offering subsidies for industrial parks, and fast-tracking approvals. Chhattisgarh is positioning itself as a key hub for EV manufacturing, pharmaceuticals, and other industries while aligning with national initiatives like ‘Make in India’ and ‘Digital India.’