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Investments: Chhattisgarh offers bespoke benefits to investors

Fiinews by Fiinews
November 28, 2022
in Investment
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Gupta highlights the state’s vibrant strategy to promote start-ups

For any investment of Rs.100 crores, and above, the Chhattisgarh State Promotion Investment Board offers bespoke benefits to the investors, which will be tailor-made to the specific industry with a long-term benefit, a senior state official has assured.

The New industry policy initiated by the Statae Government is now aimed at giving extra benefits to the investors, according to Him Shikhar Gupta, Special Secretary of the State’s Department of Commerce and Industries.

For some specific sector the investor can take advantage of the bespoke policy with an investment amount of Rs.25 crore and above, added Gupta.

“We have a vibrant start up strategy to promote start-ups in the state, along with prioritization policy for industries which is drafted to ensure that the high priority industry gets the requisite support from the government.

“Also, the State Government is promoting rural industry and handicrafts sector, for which the Government is planning to set up around 300 rural industrial parks as part of the economic development programme,” he said at the Chhattisgarh Business Summit 2022.

Dr. Shiv Kumar Dahariya, the State’s Minister of Urban Administration & Development and Labor Department, also assured support and handholding to private investors, keen to invest in Chhattisgarh.

Addressing the event organized by PHDCCI on 22 Nov 2022, he emphasizes the great possibilities and benefits which the state offers to new industries and investors.

“The State Government is working in this direction with full capacity to attract good business opportunities,” added Dr. Dahariya.

The Government has walked the extra mile shoulder to shoulder with the industry, providing support during the crucial times of the pandemic, said Prateek Singh, Co-Chair, PHDCCI, Chhattisgarh Chapter. fiinews.com

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