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Chhattisgarh Focus Sectors - English

Chhattisgarh, established in 2000, is a central Indian state known for its significant mineral production, strategic location, and robust industrial infrastructure. The state offers various incentives for businesses, including low operating costs, skilled manpower, and a favorable 'Ease of Doing Business' ranking. Focus sectors for investment include IT, renewable energy, warehousing, defense, engineering, automobiles, and agro-food processing.
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0% found this document useful (0 votes)
13 views5 pages

Chhattisgarh Focus Sectors - English

Chhattisgarh, established in 2000, is a central Indian state known for its significant mineral production, strategic location, and robust industrial infrastructure. The state offers various incentives for businesses, including low operating costs, skilled manpower, and a favorable 'Ease of Doing Business' ranking. Focus sectors for investment include IT, renewable energy, warehousing, defense, engineering, automobiles, and agro-food processing.
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Credible Chhattisgarh

Land of magnificent opportunities

A. Chhattisgarh – The Nucleus State of India

1. Chhattisgarh, the central State of India, came into existence in November, 2000
2. 10th largest State of India spread over an area of 1.35 Lakh Square Kilometres
3. USD 39 billion Gross State Domestic Product (GSDP)
4. India’s top producer of coal, tin and dolomite
5. Produces ~ 30% of Steel & sponge iron and 15% aluminium of India

B. Advantage Chhattisgarh
1. Strategic Location
I. Located in seismically safest zone of India
II. Centrally located
III. Significantly far from any hostile international border

2. Well Connected
I. Three new airports proposed in addition to the existing one in capital city Raipur
II. 12 National highways with over 38,000 KMs of Road Network
III. 1196 KM existing rail network and 1,400 km more to be added in next 6-8 years

3. Access to Major Markets


I. Adjoins borders with seven states of the country
II. Access to 50.9 Crore population (~40% of India’s population)
III. Potential to tap ~38% of India’s GDP
4. Abundance of Minerals
I. Topmost coal and dolomite producer of the country
II. Ranks second in iron ore production
III. Among top producers of minerals and metals

5. Surplus Power
I. Zero power cut state of the country
II. Total installed capacity of 24,000 MW
III. Competitive power tariff for quality power

6. Naya Raipur – India’s 21st Century City


I. India’s first greenfield smart city covering 237 Sq KM area
II. World class amenities – Golf course, township, Convention Centre, IT SEZ, Central
Business District, Office Complex, Capitol Complex etc.
III. Logistic hub, Sports city, Amusement park, Jungle safari, Industrial zones etc.

7. Low Cost of Operating


I. Lower cost of land. Industrial land in Smart City Naya Raipur is as low as USD 3 per sq ft
II. Low cost of raw materials
III. Competitive industrial power tariff than national average

8. Excellent Industrial Infrastructure


I. 8 notified industrial areas, 4 large industrial areas, 7 industrial parks and 2 tax/ duty free
zones
II. More than 3 Lakh Micro Small and Medium Enterprises (MSMEs) in the State
III. industrial rail corridor, aluminium park, mega food park, electronic clusters etc. under
development
IV. Plug and play infrastructure for setting up Industries

9. Skilled Manpower
I. First State in India to have ‘Right to Skill development’
II. Largest public skill programme in India: 230 thousand youth trained in last 3 years
III. 2,500 registered VTPs in the State
IV. Presence of country’s best technology, management and humanities institutions (IIIT,
NIT, IIM, AIIMS, Agriculture and Law Universities) in the state
V. 7 State universities, 1 central university, 6 private universities, 204 Government colleges
and 256 private colleges in the State
VI. 30,000 professionals pass out annually from the premium institutions

C. Ease of Doing Business


Chhattisgarh has been ranked 4th among 32 States Labour Regulation and reforms
nd
& UTs of the country as part of the first authentic – Ranked 2 in the country
and comprehensive assessment ever undertaken
in India for ‘Ease of Doing Business’ by world bank Carrying out Inspections –
th
in 2016. Ranked 4 in the country
Setting up of Business – Ranked
rd
3 in the country
Salient Initiatives for Ease of Doing Business: Enforcing Contracts – Ranked
th
4 in the country
1. ICT enabled single window clearance through
State Investment Promotion Board
2. Online systems for registrations, returns, refunds for various taxes applicable to State
3. Online land allotment for industrial purpose
4. Integrated and automated approval processes
5. Reduced no of approvals required for setting up and operationalization of business
6. Service standards on timelines and provision of deemed approval
7. Acceptance of Self certification

D. Policies catalyst to new investments

Incentivise applicable for setting up Industries in state are as following:


1. Incentive on fixed capital investment
2. Reimbursement on interest paid
3. Stamp duty exemption for registering land
4. Subsidy on land premium for leasing land for industrial purposes
5. Exemptions on Central Sales Tax & Value Added Tax
6. Exemption on Electricity duty
7. Exemption on entry tax
8. Assistance in recruitment and training
9. Relaxation in tax in Special Economic Zone for export

E. Focus Sectors
1. IT, ITeS & ESDM

I. Professionals from Chhattisgarh are working in India & Overseas form a credible talent
pool
II. Dedicated IT, ITeS and Electronics Policy provides for best in class incentives
III. Electronics Manufacturing Cluster being established in Naya Raipur approved by GOI
IV. High demand potential adjacent domestic markets as state shares boundaries with 7
states with Cumulative Population 50 Crores
V. State is in seismically safest zone of the Indian sub-continent plate making it an
appropriate destination for Data centres

2. NRE Equipment Manufacturing


I. Plug and play tax/ duty free zone for NRE equipment manufacturing
II. Increasing demand for solar equipment in India – National Solar Mission to attain 100
thousand MW capacity of solar power from existing ~ 8,000 MW
III. Special Solar policy to promote NRE equipment manufacturing in Chhattisgarh
IV. Higher fiscal incentives under industrial policy

3. Warehousing and Logistics

I. Strategically located in Central East India with direct access to seven States
II. Ensuing Unified Tax Code (GST) in India would make Chhattisgarh best place to
establish logistics hub
III. Good rail, road and air connectivity within the State and rest of the country
IV. Inland Container Depot (ICD) to support direct exports
V. Dedicated Freight Corridors
VI. Low cost of land and construction

4. Defence

I. Established base for engineering sector


II. Availability of raw materials
III. Growing IT/ ITeS and electronics sector in Chhattisgarh
IV. Strategic and safe location for defence manufacturing
V. Highly skilled and professional workforce
VI. Dedicated Defence Manufacturing Cluster is to be developed
VII. Customized and special incentives for early birds in the domain

5. Engineering

I. Locally available raw materials – iron, steel, aluminium, tin etc.


II. Power surplus with competitive industrial power tariff
III. Low cost of land and constructions
IV. Existing ecosystem with presence of up-stream and down-stream industries
V. Established industrial infrastructure with plug and play facilities
VI. Skilled workforce with economic rate of labour
VII. Additional fiscal incentives

6. Automobiles

I. Established engineering sector


II. Availability of raw materials and economic power tariff
III. Additional fiscal incentives under Auto Policy
IV. Skilled workforce
V. Availability of large chunk of land for automobile sector
VI. Two dry ports for handling export and import

7. Agro and Food Processing

I. Surplus process-able agriculture and horticulture produce


II. Increasing market for high quality processed food due to standard of living with
manufacturing and service sector development and rapid urbanization
III. Access to nearby State markets having more than 500 million cumulative population
IV. Food parks (plug and play infrastructure) for establishing food processing industries
V. Additional incentives by State Government for investment in food processing sector
VI. Opportunities for value addition in allied sectors like dairy, poultry, meat, fishery etc.
VII. Opportunities in cold chain development and technology upgradation

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