Chattisgarh

Capital | Population Raipur | 24.58 million
State GDP & Growth Rate - GDP State GDP is around US$ 29.2 billion and the growth rate is approx. 11.00%.
Per capita income The per capita income is around US $ 720.
Political Scenario The Government of Chhattisgarh is the supreme governing authority of the Indian state of Chhattisgarh. Bharatiya Janata Party (BJP) is the ruling party since 2003.
Key Sectors / Industries Mining, iron and steel, cement, power, IT and ITeS and biotechnology are the few key industries in Chhattisgarh.
Emerging markets / opportunities
  • -Industry and service
  • - Education and Healthcare
  • - Information technology
  • - Tourism
  • - Food and vegetable processing.
Business Scenario /Government Initiatives
  • The government of Chhattisgarh plans to set up a food processing park on around 120 hectares of land. Around 121 memorandums of understanding (MoU) with proposed investment of US$ 31.9 billion were signed including in core sectors such as steel, cement and power. The state government constructed a new medical college at a cost of US$ 17.6 million. The state government has signed a memorandum of understanding (MoU) with South Eastern Coalfields Ltd (SECL) and IRCON International Ltd for the construction of about 300 km of rail network in the state. A bus rapid transport system (BRTS) has been planned for the city at a cost of approximately US$ 37.3 million.
  • Chhattisgarh is the richest in mineral reserves. It contains all the tin ore deposits in India. The best iron ore comes from the Bailadila mines here. There is also an abundance of other minerals, such as limestone and bauxite. Coal deposits are also plentiful in Chhattisgarh.This abundance of natural resources makes it a very viable option for industries.
  • The state of Chhattisgarh is also doing its best to attract investors to the state. It has made announcements and offered many incentives to potential investors.
  • Developing and Leading Sectors in Chattisgarh:
  • Agriculture:
    Chhattisgarh is mainly a Kharif crop–producing state. The crop that is produced abundantly is rice. Other crops include soybean, sunflowers, groundnuts, maize, wheat, and pulses. Horticulture crops are also grown. This sector offers an avenue for entrepreneurs to look at and explore through the exports medium.
  • Mineral Reserves:
    A variety of minerals are found in the sedimentary, igneous, and metamorphic rocks in Chhattisgarh. These huge reserves of minerals offer investment potential for industries, such as mining and those based on mineral processing. Minerals, such as dolomite, bauxite, tin ore, and coal, can be found here. In fact, Chhattisgarh also has diamond mines. Gold mines are also being explored. Huge reserves of low-grade coal make setting up of thermal plants an ideal choice for power generation. All these give Chhattisgarh a huge edge.
    The state of Chhattisgarh is also looking to develop a Jewelry and Gem Park to draw more investors. Thus, the mining industry in Chhattisgarh offers much scope and potential for growth.
  • IT/IT-Related Services:
    The state of Chhattisgarh has also made incentives to attract software industries in the state. The state is taking measures to educate the local masses and bridge the digital gap. Availability of skilled manpower coupled with infrastructure is making this state a destination of choice for the software firms.
  • Tourism Industry:
    Chhattisgarh is a beautiful state and is endowed with a magnificent culture and history. Ancient monuments, temples, palaces, caves, and plateaus dominate the landscape. They offer an enthralling experience to all the tourists through the captivating waterfalls, wildlife, and inherent history. Again, the state is encouraging private participation to fully tap the tourism potential by giving incentives and simplified laws.
  • Exports:
    Chhattisgarh has many export options available. The textiles, such as tassar silk produced in Chhattisgarh, have great demand on the foreign shores. This state also offers an immense scope for setting up food processing and medicinal plants. Mineral exports provide another major avenue for exports.

    Thus, Chhattisgarh offers great potential for investments.
  • Chhattisgarh is well known as the richest Indian states in terms of mineral wealth, with 28 varieties of major minerals, including diamonds. Chhattisgarh is a leading producer of variety minerals such as coal, iron ore and dolomite, accounting for about 21 per cent, 16 per cent and 11 per cent of India's production, respectively with considerable reserves of bauxite; limestone and quartzite are available in the state. The state also has well-drafted policies for the IT/ITeS, solar energy, agro and food processing, minerals and biotechnology sectors.
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