Trade Analytics

Industrial Development & Economic Growth in Chhattisgarh

Latest update: October, 2016

Economic Snapshot: GSDP of Chhattisgarh

Chhattisgarh's gross state domestic product (GSDP) was US$ 34.7 billion over 2014-15.

Economic Snapshot: GSDP of Chhattisgarh

Economic Snapshot: NSDP of Chattisgarh

Chhattisgarh's net state domestic product (NSDP) was US$ 28.7 billion over 2014-15

Break up of outstanding investments in Chhattisgarh


October, 2016

Chhattisgarh is located in central India. It is among the richest Indian states in terms of mineral wealth, with 28 varieties of major minerals, including diamonds. Chhattisgarh is ranked fifth in terms of value of major mineral production in India. The coal production of the state in 2015-16 (up to November 2015) was recorded at 78.82 million tonnes. The state accounted for about 20.45 per cent and 15.44 per cent of the overall production in India, respectively. Moreover, considerable reserves of bauxite, limestone and quartzite are available in the state. Chhattisgarh is the only state in India that produces tin concentrates. The state accounts for 35.4 per cent of tin ore reserves of India. Tin concentrate production in the state stood at 8.81 million tonnes.

The natural resources, policy incentives and infrastructure in the state support investments in the iron and steel, cement and power sectors. Korba district in Chhattisgarh is known as the power capital of India. In the 12th Five-Year Plan, the Government plans to increase power generation capacity by 30,000 MW. The state accounts for 22.60 per cent of coal production and 19.80 per cent of steel/sponge iron production in India. Moreover, considerable reserves of bauxite, limestone and quartzite are available in the state.

Between 2004-05 and 2015-16, the Gross state domestic product (GSDP) of the state grew at a CAGR of 11.83 per cent to US$ 36.6 billion whereas the net state domestic product (NSDP) grew at a CAGR of 10.21 per cent to US$ 26.9 billion.

Chhattisgarh is making significant investments in industrial infrastructure. The Chhattisgarh State Industrial Development Corporation (CSIDC) has set up industrial growth centres, five industrial parks and three integrated infrastructure development centres (IIDC). The state has a notified special economic zone (SEZ) in Rajnandgaon District.

The following are some of the major initiatives taken by the government to promote Chhattisgarh as an investment destination:

  • A wide range of fiscal and policy incentives for businesses have been announced under the state’s Industrial Policy 2014-19.
  • The Government of Chhattisgarh plans to set up a food processing park in Rajnandgaon district on around 303 hectares of land.
  • During 2015-16, the state government proposed an outlay of US$ 13.27 million under Mission for Integrated Development of Horticulture (MIDH) and released US$ 6.63 million till November 2015.
  • Under Atal Mission for Rejuvenation and Urban Transformation (AMRUT), the Urban Development Ministry approved an investment of US$ 331.4 million for infrastructure development of 9 cities in Chhattisgarh.
  • The state government has signed a memorandum of understanding (MoU) with South Eastern Coalfields Ltd (SECL) and IRCON International Ltd for the construction of about 300 km of rail network in the state. The project would have two rail corridors - East Corridor and East-West Corridor.
  • Till March 2015, around 17,615 small industries have been established in the state, which are generating 102,241 employment opportunities. For the same period of time, around 162 large industries have been established in the state with 21,693 employment opportunities.
  • As per Budget 2015-16, an investment of US$ 1.66 billion is estimated for upgradation of 2,000 km of existing roads under the PPP mode. Under Prime Minister’s Rural Roads Scheme, US$ 116.6 million has been allocated for the road connectivity in the rural areas.
Chhattisgarh State Presentation

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Chhattisgarh Map


x IBEF : India Brand Equity Foundation