Chhattisgarh eyes major investments,to host meethttps://indianexpress.com/article/news-archive/web/chhattisgarh-eyes-major-investments-to-host-meet/

Chhattisgarh eyes major investments,to host meet

Chhattisgarh is aiming for securing major investments across sectors during the Global Investors Meet to be held in Naya Raipur on November 2-3

Chhattisgarh is aiming for securing major investments across sectors during the Global Investors Meet to be held in Naya Raipur on November 2-3.

The meet,a part of Rajyotsava 2012,is likely to be attended by over 400 Indian and foreign companies.

“We are expecting investment proposals worth around Rs 70,000 crore during the event,” Chhattisgarh State Industrial Development Corporation (CSIDC) MD Devendra Singh told The Indian Express.

The state government has invited over 2,000 companies as chief minister Raman Singh held ‘Road Shows’ in New Delhi and Mumbai over the last two months to attract investors.

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CSIDC expects investors to be attracted to infrastructure,solar power,power and information technology sectors.

Actor Ajay Devgn has expressed his desire to invest in solar energy in the state.

Vedanta,GMR,Jindals,Ruias and Tatas are some of the major groups that already have a presence in Chhattisgarh and would participate.

The meet and the Rajyotsava will also mark the first-ever programme to be held at the upcoming new capital Naya Raipur,nearly 25 km from Raipur. The administration is slated to shift to the new capital soon after.

The Congress party,however,has opposed the Rajyotsava as it would be inaugurated by BJP president Nitin Gadkari.