Chhattisgarh Attracts ₹11,000 Crore Semiconductor Investments, Emerging as Green and Cost-Efficient Industrial Hub”

“Chhattisgarh highlights the state’s rising profile as an industrial hub at CII Summit in Mumbai”
Mumbai : The 4th Edition of the East India Summit 2025, organized by the Confederation of Indian Industry (CII) in Mumbai, brought together leading policymakers, industry captains, and experts to deliberate on the growth trajectory of Eastern India. With Bihar, Odisha, West Bengal, and Chhattisgarh presenting bold visions of economic transformation, the Summit underscored the region’s emergence as India’s next economic powerhouse.
Representing Chhattisgarh, Mr. Prabhat Malik, IAS, Director, Directorate of Industries, Government of Chhattisgarh, highlighted the state’s rising profile as an industrial hub. The state has already attracted ₹11,000 crore in semiconductor investments, underscoring its potential in next-generation industries.
He emphasized that Chhattisgarh offers one of the lowest logistics costs in the country, a stable workforce with zero labour unrest, and a streamlined system where subsidy applications are cleared within 30 days. On urban innovation, he noted the development of Nava Raipur India’s first greenfield smart city designed to be 30% green, reflecting the state’s commitment to sustainability alongside industrial growth.
Welcoming participants, Mr. Shashwat Goenka, Vice Chairman, RP Sanjiv Goenka Group, underlined the East’s robust economic progress with GSDP growth above the national average, exports worth over USD 14 billion, FDI inflows exceeding USD 5 billion, and a thriving startup ecosystem of 14,672 ventures generating 1.47 lakh jobs.