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Chief Minister Raman Singh woos foreign investors to state

NewsChief Minister Raman Singh woos foreign investors to state
Chhattisgarh has been aggressively wooing foreign investors to set up business operations in  the state, with Chief Minister Dr Raman Singh leading the blitzkrieg.

The state government has been constantly pursuing business communities worldwide to invest in Chhattisgarh. In June this year, Dr Raman Singh completed a nine-day tour to South Korea and Japan.

After completion of the tour, the doctor-turned-politician had told media in New Delhi that the objective to communicate the Chhattisgarh government’s business mission to investors of both the countries and create a new identity of Chhattisgarh, was successfully attained.

On the lines of the “Make-in-India” campaign launched by Prime Minister Narendra Modi, the Chhattisgarh government has launched the “Make in Chhattisgarh” programme to promote business activities in the state.

During the tour, the delegation led by the CM visited Seoul, Tokyo, and Osaka where they met leading business personalities and informed them about the possibilities and advantages of investing in Chhattisgarh.

According to state government officials, the visit was very fruitful and Japan and South Korea will be further encouraged for investments and trade in Chhattisgarh, through trade associations. For this purpose, JETRO trade association of Japan and KOTRA trade association of South Korea will be engaged.

A local representative will be appointed in both the nations, who will help in promoting investments and trade in Chhattisgarh and establishing coordination in actualising the same, officials said.

It is also worth mentioning that in December last year, the Chief Minister had visited the United States wherein NRIs and American entrepreneurs had shown a keen interest in the “Make in Chhattisgarh” programme.

The delegation had participated in the investors’ meet in New York, Chicago, and San Francisco.  

Officials said that Japan and South Korea will be further encouraged for investments and trade in Chhattisgarh.

In these events, the delegation of the Chhattisgarh government had one-to-one discussions with investors about the wide scope of investments in non-core sectors of Chhattisgarh, such as in IT, defence, food processing, pharmaceuticals, solar energy, start-up, and biotechnology.

The industrial groups with whom the delegation had discussions include UTS Global, E-Kisan Foundation, Global India Business Council, Vanguard Technology, Physician of Indian Origin, Cisco, Google, and others.

In the investors’ meet at San Francisco, three major MoUs were signed. Stanford University had also signed an MoU with the Chhattisgarh government for the exchange of teaching material, research, professors and students for educational purposes and also for creating awareness for prevention of rheumatic heart disease in Chhattisgarh.

The Wadhwani Foundation signed an MoU with Chhattisgarh to promote entrepreneurship in Chhattisgarh, including providing employment opportunities and promotion of start-ups and an SMI eco-system for development of skills.

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