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Banking And Finance | August 30, 2012
#23914

Chhattisgarh govt to woo investors

In order to attract investment in Chhattisgarh that had been bestowed with about 18 per cent of country’s coal and iron ore reserves, the state government would conduct a series of road shows across the country.

   The organizers have planned to organize road shows in the metro and important cities having corporate interests to drive investment. The government has planned to organize a mega investor meet in the Chhattisgarh’s capital city in the first week of November.

   The industry department along with state-run Chhattisgarh State Industrial Development Corporation (CSIDC) had started the preparation for the mega show. To start with, the road show kicked off from Pune that is fast emerging as an enchanting destination for the investment in the Information Technology (IT) sector.

   The Chhattisgarh government is eyeing on the non-core sector for investment as it had earlier made it clear that investment in steel, power, cement and aluminium had already reached saturation point and there was no further scope.

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