Located in central India, Chhattisgarh covers 135,191 sq km and accounts for 4.1 per cent of total land area of India.
Mineral resources are Chhattisgarh's biggest strength. It has deposits of limestone, iron ore, copper, rock phosphate, manganese, bauxite, coal, asbestos and mica. Chhattisgarh accounts for about 17 per cent of the nation's coal reserves. The state also has proven diamond reserves along with potential gold reserves.
The state offers a wide range of fiscal and policy incentives for businesses under its Industrial Policy, 2004. Additionally, the state has well drafted policies for the IT/ITeS, minerals and energy sectors.
Chhattisgarh is among the richest Indian states in terms of mineral wealth, with 28 varieties of major minerals, including diamonds. Chhattisgarh is making significant investments in industrial infrastructure. The Chhattisgarh Industrial Development Corporation has set up four industrial growth centres, five industrial parks and four integrated infrastructure development centres (IIDC). The state is also in the process of setting up two special economic zones (SEZ).
Chhattisgarh's total exports were US$ 643.6 million in 2008-09. Exports increased at a CAGR of almost 38 per cent between 2002-03 and 2008-09. Nearly 75 per cent of exports comes from Bhilai and the remaining from Urla, Bhanpuriand Sirgitti. The major exports products include steel, handicrafts, handlooms, blended yarn, food and agri-products, iron, aluminium, cement, minerals and engineering products.
According to the Reserve Bank of India, FDI inflows from April 2000 to May 2010 amounted to US$ 206 million*. (*Figure includes FDI into Madhya Pradesh)State Presentation (November 2010)
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