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Chhattisgarh has the unique and economically advantageous geographical location of being a central Indian state and is surrounded by highly resourceful states like Maharashtra, Andhra Pradesh, UP and odisha. It has an easy approach to the markets in these states. The state has the biggest mineral reserves and coal reserves and competent industries in tea production, food processing, mining, oil and in other sectors.
Industrial Scenario and Infrastructure
Chhattisgarh is one state in India with excessive power production. The state has all the essential elements that are critical for industrial manufacturing. The gross state domestic product (GSDP) of Chhattisgarh is from US$ 34.7 billion in FY 15 and is predicted to be at US$ 47.75 billion in FY 18. The state is rich in multiple mineral resources like iron and aluminum and has an abundance of natural resources like forests and mineral water. It is the largest producer of steel, iron, aluminum and has a thriving cement business. Chhattisgarh has the largest tin reserves. The prominent industries in the state include plastic, chemical, food processing, agro Mining, iron and steel, cement, power, IT and ITeS and biotechnology and construction material. The state offers an excellent investment opportunity in areas like pharmaceuticals, dairy products, electronics, biotechnology, textile, forest products and medicinal plant industries and sectors including others.
Investment in the iron and steel, cement and power sectors in Chhattisgarh is highly profitable due to The natural resources, policy incentives and infrastructure in the state. Several initiatives from the government include industrial parks, integrated infrastructure development centers and more.
Industrial Scenario and Infrastructure
Chhattisgarh is one state in India with excessive power production. The state has all the essential elements that are critical for industrial manufacturing. The gross state domestic product (GSDP) of Chhattisgarh is from US$ 34.7 billion in FY 15 and is predicted to be at US$ 47.75 billion in FY 18. The state is rich in multiple mineral resources like iron and aluminum and has an abundance of natural resources like forests and mineral water. It is the largest producer of steel, iron, aluminum and has a thriving cement business. Chhattisgarh has the largest tin reserves. The prominent industries in the state include plastic, chemical, food processing, agro Mining, iron and steel, cement, power, IT and ITeS and biotechnology and construction material. The state offers an excellent investment opportunity in areas like pharmaceuticals, dairy products, electronics, biotechnology, textile, forest products and medicinal plant industries and sectors including others.
Investment in the iron and steel, cement and power sectors in Chhattisgarh is highly profitable due to The natural resources, policy incentives and infrastructure in the state. Several initiatives from the government include industrial parks, integrated infrastructure development centers and more.
