About Chhattisgarh: Information on Industries, Geography, Economy & GSDP

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.

At current prices, gross state domestic product (GSDP) of Chhattisgarh stood at Rs 2.92 trillion (US$ 45.26 billion) in 2017-18A. GSDP (in Rs) of the state at current prices grew at a CAGR of 10.75 per cent between 2011-12 and 2017-18.

Chhattisgarh is presently one of the few states that have surplus power. Korba district in Chhattisgarh is known as the power capital of India. It is also among the few profitable states in terms of utility-based electricity. As of July 2018, Chhattisgarh had a total installed power generation capacity of 13,526.79 MW, comprising 9,014.30 MW under private utilities, 2,411.05 MW under state utilities & 2,101.44 MW under central utilities.

Mineral resources are Chhattisgarh's biggest strength. Chhattisgarh is a leading producer of minerals such as coal, iron ore and dolomite. Korba district in Chhattisgarh is known as the power capital of India. Moreover, considerable reserves of bauxite, limestone and quartzite are available in the state. Chhattisgarh is the only state in India that produced tin concentrates. The state accounts for 35.4 per cent of tin ore reserves of India.

Chhattisgarh has emerged as one of the most preferred investment destinations in India. The state has been acclaimed as “one of the best fiscally managed states” by the Reserve Bank of India (RBI). The state (including Madhya Pradesh) attracted cumulative FDI worth US$ 1.41 billion from April 2000 - June 2018.

A wide range of fiscal and policy incentives for businesses have been announced under its Industrial Policy, 2014-19. Additionally, the state has well-drafted policies for the IT/ITeS, solar energy, agro and food processing, minerals and biotechnology sectors. Chhattisgarh stands fourth among Indian states in rankings based on ease of doing business and reforms implementation, according to a study by the World Bank and KPMG.

Key Sectors:

• Mining: Chhattisgarh is the only state in India to produce tin concentrates and accounts for 36 per cent of the country’s tin ore reserves. Dante Wada is the sole district producing tin from 6 mines. During April-February 2018, tin concentrate production in the state stood at 15,650 kgs.
• Mining: The state accounts for 4 per cent and 36.5 per cent of the country’s diamond and dolomite reserves, respectively. It ranks among the top coal, tin and dolomite production states in the country. Iron and Steel: Chhattisgarh is the iron & steel hub of the country. The Bhilai steel plant of Steel Authority of India Ltd (SAIL) produces more than 3.153 million tonnes of saleable steel per annum. During April 2017-February 2018, the state produced around 30.27 million tonnes of iron ore.
• Cement: Chhattisgarh has abundant limestone reserves that support a strong cement sector. Chhattisgarh accounts for around 5.4 per cent of the total limestone reserves in India. Limestone production in the state reached 32.98 million tonnes in 2017-18 (up to February 2018).