Last Updated: January 19, 2015
Latest update: November, 2014
Last Updated: November, 2014
CHHATTISGARH State Report | November, 2014
Chhattisgarh is located in Central India. The state shares its border with Madhya Pradesh and Maharashtra in the west, Uttar Pradesh in the north, Odisha and Jharkhand in the east and Andhra Pradesh in the south.
Chhattisgarh is presently one of the few states that have surplus power. It is also among the few profitable states in terms of utility-based electricity. The gross state domestic product (GSDP) of Chhattisgarh is expected to reach US$ 46.8 billion in FY 17 from US$ 29.2 billion in FY 14.
Mineral resources are Chhattisgarh's biggest strength. Chhattisgarh is a leading producer of minerals such as coal, iron ore and dolomite, accounting for about 21 per cent, 16 per cent and 11 per cent of India's production, respectively. Moreover, considerable reserves of bauxite, limestone and quartzite are available in the state.
A wide range of fiscal and policy incentives for businesses have been announced under its Industrial Policy, 2009-14. Additionally, the state has well-drafted policies for the IT/ITeS, solar energy, agro and food processing, minerals and biotechnology sectors.