Bengaluru Tech Giants Ready Rs 3700 Crore Investment in Chhattisgarh

Major tech firms from Bengaluru are set to invest in Chhattisgarh, showcasing interest in various sectors, including IT, textiles, and green fuel. The state government signed significant MoUs to foster industrial growth, highlighting Chhattisgarh's investor-friendly policies during the Investors Meet in Bengaluru.

Several leading technology companies based in Bengaluru, often called the Silicon Valley of India, have announced plans to expand their operations into Chhattisgarh. This came after Chhattisgarh's Chief Minister, Vishnu Deo Sai, engaged with top industrialists and business leaders to explore investment opportunities within the state.

The discussions led to investment proposals worth Rs 3700 Crore from key players in sectors such as engineering, textiles, electronics, IT/ITES, food processing, and green fuel. Key corporations such as BEML, NASSCOM, Gokaldas Exports, Britannia, TIE Bangalore, and the Karnataka Chamber of Commerce praised Chhattisgarh's pro-industrial growth policies during the Chhattisgarh Investors Meet held in Bengaluru.

In a move to further accelerate industrial development and job creation, the Chhattisgarh government signed a Memorandum of Understanding with prominent industry bodies like NASSCOM and IESA. This collaboration aims to unlock vast opportunities in the IT sector, start-ups, and the semiconductor industry, marking a significant step in Chhattisgarh's economic expansion strategy. (ANI)

(With inputs from agencies.)