Chhattisgarh attracts investment proposals worth ₹9,580 crore at Hyderabad investors meet

Account subscription benefits alongside Premium Stories, Editorials, Opinions and more. Unlock these with Subscription The View From India Looking at World Affairs from the Indian perspective. First Day First Show News and reviews from the world of cinema and streaming. Today's Cache Your download of the top 5 technology stories of the day. Data Point Decoding the headlines with facts, figures, and numbers Health Matters Ramya Kannan writes to you on getting to good health, and staying there The Hindu On Books Books of the week, reviews, excerpts, new titles and features. Chhattisgarh Chief Minister Vishnu Deo Sai during the Chhattisgarh Investor Connect, in Hyderabad on Friday. | Photo Credit: RAMAKRISHNA G Chhattisgarh attracted investment proposals worth ₹9,580 crore across sectors at the State Investors Connect it organised in Hyderabad on Friday. Data centres, semiconductors and GPU architecture, solar energy equipment, textiles and pharmaceuticals are sectors where the proposals were received from seven firms. The proposals underscore the growing investor confidence in the State’s industrial ecosystem and policy framework. They are expected to generate around 7,800 direct jobs. Chhattisgarh Chief Minister Vishnu Deo Sai handed over ‘Invitation to invest letter’ to the prospective investors. The State is on course to position itself as a preferred destination for technology-led and manufacturing investments. The largest investment proposal is from Hypernext Data Center with the company expressing its intent to invest ₹4,200 crore to establish a modern data centre in Chhattisgarh, which is expected to generate approximately 250 jobs. Mr. Sai said Chhattisgarh is emerging as a preferred investment destination, supported by streamlined approvals, a robust single-window system, strong infrastructure and industry-friendly policies. He invited Hyderabad-based companies, particularly in the IT, pharmaceutical and logistics sectors, to invest in the State, assuring them policy support and a business-friendly environment.