From the very beginning when the state was formed, Chhattisgarh has started working towards increasing trade in terms of quantity and quality.
The State produces nearly 15 million tons of steel, which is 30 percent of country’s total production capacity. Annual production of cement in Chhattisgarh has reached 18 million tons, which is 15 per cent of country’s total production capacity.
Likewise, annual Aluminum production capacity of Chhattisgarh has also reached 3.50 lakh tons,which is 30 per cent of country’s total production capacity.
Chhattisgarh Trade Centre:
The Chhattisgarh State Industrial Development Corporation (CSIDC) is envisaging development of the ‘Chhattisgarh Trade Centre’ on Public Private Partnership (PPP) mode in the Naya Raipur.
The CSIDC has already developed a major portion of the Trade Center and is envisaging development of remaining work and maintenance and operation of Chhattisgarh Trade Center by private partner.
It has already completed basic infrastructure work like internal roads, drainage, entrance plaza, cultural program ground and stage, boundary wall, warehouse, and parking space through its own resources.
The construction of convention center of a capacity 750 seats and shilpgram is under process and will be completed by CSIDC.
It is also being envisaging development of AC and Non AC pavilions, food court, warehouse, admin office, shopping complex and other remaining components through a private partner.
The CSIDC intends to develop this facility one stop solution in State for MICE events, trade fairs, and Government programs. Trade center will also help State in boosting its exports.
With the objective of providing upgraded facilities to users, better management and promoting industries and in particular exports.
State Government had released four major industrial policies for non-core sector that includes:
- Agriculture and Food Processing Industrial Policy 2012,
- Automotive Industrial Policy 2012,
- Policy for Investment in Information Technology/IT based services 2012 and
- Solar Energy Policy 2012-2017.
A total of 449 industrialists and 149 representatives of companies had participated in the 2012 Global Investors Meet in which a total of 285 corporate houses from Chhattisgarh participated.
The State Government had signed 257 Memorandum of Understanding (MoU) in the Global Investors Meet.
Chhattisgarh Investor Summit at Make in India Week, 2016
Confederation of Indian Industry (CII) in association with Government of Chhattisgarh organized Chhattisgarh investor Summit” to on 14 February 2016 at 1400 hrs in Mumbai(MMRDA Grounds,BKC) as a part of “Make in India Week” organized by Government of India.
The Objective of the Chhattisgarh Investors Summit was to showcase the various Investment opportunities and business reforms carried out by the state in the recent past to the Investor community.
The Chhattisgarh Investor Summit was followed by one on one business meetings of CM and the senior level delegation with Ambassadors & Consulate General of different Countries like Czech Republic, Japan etc. Also they met with the CEO’s, MD’s and Top Management Personnel from the leading Industries like Snapdeal, Reliance, Hiranandani, Aditya Birla Group, LANCO Solar, ITC etc. for inviting investments in the state.
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