Chhattisgarh Steel Sector Attracts INR 1 lakh Crore Investment Proposals

Chhattisgarh currently produces 46 million tonnes of iron annually and aims to reach 65 million tonnes within the next five years.

Apr 24, 2025

steel industry

Chhattisgarh’s steel industry has received investor proposals of INR 1 lakh crore, according to State Minister for Commerce, Industry, and Labour, Lakhan Lal Devangan. He credited this surge to the successful industrial policy, which has created a favourable environment for growth and investment in the steel sector.

Minister Devangan highlighted that Chhattisgarh has been among the top beneficiaries of the Central Government’s initiatives, including the Production Linked Incentive (PLI) scheme, which has further boosted investor confidence in the sector.

The new industrial policy has unlocked significant opportunities in the steel segment. Missions like Make-in-India, Aatmanirbhar Bharat, and Vocal for Local have also played a key role in strengthening the sector.


Also Read: Gallantt Ispat Approves INR 1,014 Crore Expansion Plan


Currently producing 46 million tonnes of iron annually, Chhattisgarh has set an ambitious target of reaching 65 million tonnes within the next five years.

Share this post:

Related Posts

Recent Posts

Subscribe Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

WordPress Ads