In a landmark move on the state’s foundation day, Chhattisgarh launched its Industrial Policy 2024-29, setting the stage for a dynamic economic future focused on self-reliance, inclusivity, and sustainable growth. With an eye on becoming a national industrial powerhouse, the policy aligns with the "Amritkaal: Chhattisgarh Vision@2047" initiative, bolstering Prime Minister Narendra Modi’s vision of a robust, self-sufficient India.

Key Highlights: Pioneering Inclusivity and Sustainable Development

The new industrial policy is both ambitious and inclusive, with provisions designed to attract investment, foster innovation, and uplift marginalized communities. Special incentives are extended to surrendered Naxalites, women, and members of the third gender, representing a progressive step toward equitable economic development in the region.

Empowering Marginalized Communities: With tailored incentives, the policy empowers former Naxalites, women entrepreneurs, and the third gender, enabling them to participate in the industrial landscape like never before.

Green Industry Focus: A dedicated segment for eco-friendly industries encourages sustainable practices, aligning Chhattisgarh’s industrial growth with environmental responsibility.

Economic Resilience and Job Creation

The policy is poised to create thousands of job opportunities across sectors, from manufacturing to information technology, ensuring stable employment prospects for Chhattisgarh’s youth. Financial incentives, tax breaks, and streamlined procedures aim to attract investors while supporting local enterprises.

Strategic Growth Sectors

Recognizing the state’s unique resources, the policy emphasizes value addition in mining, agriculture, and forestry. New incentives for startups and SMEs are crafted to encourage innovation and capitalize on Chhattisgarh’s strengths, including:

Resource-Based Industries: Focus on mineral processing, food processing, and agro-industries to drive regional self-sufficiency.

Tech Innovation and IT Parks: New technology hubs and IT parks are planned, promising to transform the state into an emerging tech destination.

Government Commitment and Vision

Chief Minister Bhupesh Baghel emphasized the state government’s commitment to inclusivity, self-reliance, and long-term economic sustainability. By focusing on grassroots development, the policy is set to uplift rural communities while fortifying the state’s infrastructure to support industrialization.

"This Industrial Policy 2024-29 not only prioritizes economic growth but also deeply embeds inclusivity, ensuring everyone can partake in Chhattisgarh’s growth story," said the Chief Minister.

Attracting Investors with a Business-Friendly Environment

With simplified regulations, fast-tracked clearances, and investor-friendly policies, the state is positioning itself as a preferred destination for national and global investors alike. The government’s “Ease of Doing Business” initiatives are expected to streamline operations, reduce bureaucratic hurdles, and foster a competitive business environment.

Moving Toward Chhattisgarh Vision@2047

Chhattisgarh’s industrial journey is aligned with long-term ambitions set forth in the Vision@2047 blueprint, which envisions a prosperous, self-sufficient state that contributes to India’s global industrial prominence.

Future Outlook: Towards a Resilient, Self-Reliant Chhattisgarh

Chhattisgarh’s Industrial Policy 2024-29 represents a transformative vision for a prosperous and inclusive industrial future. By fostering innovation, driving sustainable growth, and promoting inclusivity, the policy paves the way for a resilient Chhattisgarh poised to be a key player in India’s industrial landscape.