Chhattisgarh Secures 9,580 Crore in Investment Proposals at Hyderabad Investor Meet
The largest proposal came from Hypernext Data Center Limited, which plans to invest ₹4,200 crore to build a modern data‑centre campus in Chhattisgarh. The company said the facility would generate about 250 jobs and would strengthen the state’s digital infrastructure. The other six proposals span a mix of high‑technology and traditional manufacturing sectors, reflecting a growing confidence among investors in Chhattisgarh’s industrial ecosystem.
Chief Minister Vishnu Deo Sai handed an “Invitation to Invest” letter to the prospective investors during the event. According to the state, the proposals underscore the confidence that investors have in Chhattisgarh’s policy framework and infrastructure. The CM highlighted the state’s streamlined approval process, a robust single‑window system, and industry‑friendly policies as key factors that make Chhattisgarh an attractive destination for technology‑led and manufacturing investments.
The state’s industrial strategy has long aimed to diversify beyond its coal‑based economy. With a gross state domestic product of ₹5.09 lakh crore (2023‑24 estimate) and a per‑capita GSDP of ₹152,348, Chhattisgarh has positioned itself as a growing manufacturing hub. The new proposals, which include data‑centre and semiconductor projects, are part of a broader effort to attract high‑value, technology‑driven investment that can generate employment and support the state’s economic development.
In addition to the data‑centre investment, the proposals in solar‑energy equipment and pharmaceuticals signal a shift toward renewable energy and health‑sector manufacturing. The textile and dairy projects add to the state’s existing agricultural and industrial base. Together, the projects are expected to create a mix of skilled and unskilled jobs, with the data‑centre alone projected to provide 250 direct positions.
The event also served as a platform for the state to invite Hyderabad‑based companies, particularly in IT, pharmaceuticals and logistics, to invest in Chhattisgarh. The state government has pledged policy support and a business‑friendly environment for new entrants.
As the proposals move forward, the state will need to finalize investment agreements, secure land and infrastructure, and coordinate with local authorities to ensure timely approvals. The projects are part of a broader set of initiatives aimed at positioning Chhattisgarh as a preferred destination for technology and manufacturing investment in India.
The state’s next steps will involve formalizing the investment agreements, engaging with the companies to finalize project details, and monitoring progress toward the projected job creation targets. The proposals are a significant milestone in Chhattisgarh’s ongoing effort to diversify its economy and attract high‑value investment.