New Delhi: The Chhattisgarh government is offering incentives of up to 200% of fixed capital investment (FCI) to attract investments in the textile and apparel industry, as it looks to diversify beyond its mineral-based economy.
Garment manufacturing unit worth $100 Crore in Chhattisgarh may be eligible for incentives up to $200 crore under the State Industrial Development Policy 2024-30, depending on project size, employment generation, and fulfillment of eligibility criteria.
“The focus has been on reducing friction for investors by combining infrastructure readiness with a comprehensive incentive framework,” said Rajat Kumar, Secretary, Department of Commerce and Industry, Government of Chhattisgarh.
He also added: “Our textile parks in Nava Raipur are designed to enable rapid expansion and efficient operations from day one.”
The state is expanding into textile and apparel manufacturing through plug-and-play infrastructure in Nava Raipur, India’s first smart city of the 21st century.
The parks offer plots ranging in size from 0.3 to 10 acres and are equipped with reliable power and water supplies, combined effluent treatment facilities and integrated waste management systems. It is designed for 24/7 operations, including night shifts, and includes worker housing within the industrial ecosystem.
Located along the Mumbai-Howrah railway corridor and about 500 km from Visakhapatnam Port, the parks provide connectivity to domestic and export markets. Raipur Airport connects the state to major Indian cities within 90-120 minutes.
The policy also provides employment-related support $6000 per month for working women $5,000 per month for male workers for five years. Includes training support for up to $15,000 per employee, along with capital subsidy, 100 per cent electricity duty waiver for 12 years and charging assistance.
Chhattisgarh produces more than 200 metric tons of Tussar silk annually, and Champa silk carries the Geographical Indication (GI) tag. The state also enacted the Right to Skill Act to enhance the industry-ready workforce.
Companies like Swift Merchandise and Punit Creation are expected to generate more than 10,000 direct and indirect employment opportunities through the proposed investments in the state.
