C’garh preferred investment destination in India: CM

Chhattisgarh has emerged as one of the most preferred investment destinations in India, Chief Minister Bhupesh Baghel said on Tuesday, and urged the industry leaders in the north-east to invest in his state.

The state’s economy has grown significantly over the last decade owing to the thriving core sector industries such as agriculture, iron, steel, cement and thermal power, Baghel told industry delegates and members of different sectors of the northeastern region in Guwahati.

Baghel highlighted Chhattisgarh’s strength, explaining its Industrial Policy 2019-24 which focuses on inclusive economic growth.

He focussed on the state’s focus areas such food processing, ethanol, gems & jewellery and minor forest produce. He spoke about Chhattisgarh’s reduced land rates and lease rent.

Under his leadership, he said, Chhattisgarh has emerged as one of the most preferred investment destinations in India.

Baghel also told investors that Chhattisgarh offers a conducive business environment for investors and invited them to visit the state to explore business opportunities.

Delegates from the PHD Chamber of Commerce led by Manoj Kumar Das, and S.K. Hazarika, Deputy Resident Director, PHD Chamber North East region, met the Chief Minister and discussed business plans for Chhattisgarh.

Ashish Kumar Bajaj, Director, Green Valley Rice Tech Pvt. Ltd., showed interest in investing in Chhattisgarh in several areas.

Delegates from CII led by Abhijit Barooah also met Baghel and discussed future plan for investments. Biswajit Hazarika, Director Federation of Industry and Commerce of North Eastern Region, too met Baghel.

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