New Delhi: The Chhattisgarh government has rolled out a 200% incentive scheme to attract investments in textile and garment manufacturing, aiming to diversify beyond its mineral-based economy.
A garment manufacturing unit worth ₹100 crore in Chhattisgarh may qualify for incentives of up to ₹200 crore under the state's Industrial Development Policy 2024-30, depending on the scale of the project, employment generation, and fulfilment of eligibility criteria.
The state is expanding into textile and garment manufacturing with plug-and-play infrastructure in Nava Raipur, India's first greenfield smart city of the 21st century.
The parks offer plots ranging from 0.3 to 10 acres and are equipped with reliable power and water supply, common effluent treatment facilities and integrated waste management systems.
Companies such as Swift Merchandise and Punit Creation are expected to generate over 10,000 direct and indirect jobs through proposed investments in the state.