The government is creating new employment opportunities for the youth by promoting labour-based industries in Chhattisgarh: Chief Minister Shri Vishnu Dev Sai

Chief Minister Shri Vishnudev Sai performed the Bhoomi Pujan of the new industrial unit of Yash Fans and Appliances Limited in Nava Raipur.

The unit will be set up with an investment of over Rs 150 crore, providing direct employment to over 3,500 people.

Chief Minister Shri Sai handed over appointment letters to the newly selected youth and wished them a bright future.

The new industrial policy has given impetus to investment, with the state receiving investment proposals worth over Rs 8.5 lakh crore.

Special initiative to decriminalise 279 provisions to facilitate the establishment and operation of industries

Large scale employment generation along with investment is the main objective of the new industrial policy: Finance Minister Shri O.P. Chaudhary

More than 3,000 industries have been established in the state, providing employment to over 50,000 people: Industries Minister Shri Lakhan Lal Devangan

It is among the top priorities of the state government that the benefits of industrial development in Chhattisgarh reach the youth of the state in the form of employment and economic opportunities. For this purpose, special encouragement is being given in the new industrial development policy to such labor-intensive industries which have the potential to generate a large number of jobs with relatively low capital investment. The aim of the state government is not only to attract investment but also to make investment a medium for employment, strengthening the local economy and prosperity of the state. Chief Minister Shri Vishnudev Sai said this while addressing the ground breaking ceremony of the proposed new industrial unit of Yash Fans and Appliances Limited in Nava Raipur today. 

Chief Minister Shri Vishnudev Sai said that the new Yash Fans & Appliances Limited unit is a significant milestone in Chhattisgarh’s industrial development journey. The project is projected to invest over ₹150 crore and will provide direct employment to over 3,500 people. The unit will manufacture products for various prestigious companies.

The Chief Minister said that the most important feature of this project is large-scale employment generation. Our government wants to establish as many industries as possible in Chhattisgarh that provide better employment opportunities to the youth and women of the state at the local level. When young people find employment in their own state commensurate with their skills and abilities, their families will be economically empowered and the local economy will also gain new momentum.

During the program, Chief Minister Shri Sai presented appointment letters to the newly selected youth and wished them a bright future. He said that handing over appointment letters to youth is the most meaningful achievement of any industrial investment. A job not only makes an individual self-reliant, but also brings economic security and new hope to the entire family. The Chief Minister commended the Yash Group for its initiative to create large-scale employment opportunities for youth.

Chief Minister Shri Sai said that Chhattisgarh is rapidly moving forward to play a key role in Prime Minister Shri Narendra Modi’s vision of a developed India by 2047. To build a developed Chhattisgarh, work is being simultaneously undertaken on industrial development, employment generation, skill development, and the expansion of modern infrastructure. The government is continuously striving to establish Chhattisgarh as one of the country’s leading industrial and investment centers by leveraging the state’s available natural resources, energy, skilled human resources, and improved connectivity.

He said that the state government has provided special incentives for employment-generating industries in the new Industrial Development Policy 2024-2030. While formulating the policy, special attention was paid to ensuring that investments coming into the state create maximum employment opportunities for local youth. Investments are being encouraged in textiles, food processing, electronics, pharmaceuticals, and other labor-intensive sectors.

The Chief Minister said that in addition to creating a favorable environment for investment in the state, the procedures for setting up and operating industries are being simplified. Continuous reforms have been implemented to free entrepreneurs from unnecessary procedures and complexities. Under reforms related to public trust, a special initiative has been taken to decriminalize 279 provisions. The process for various permissions and approvals is being simplified and timely, so that investment proposals are implemented quickly and production and employment generation can begin soon.

Chief Minister Shri Sai said that Chhattisgarh’s new industrial development policy has received an encouraging response from investors from India and abroad. The state has received investment proposals worth more than Rs 8.5 lakh crore. The government is now focusing on rapidly implementing these investment proposals. Investors are being provided with necessary support at every stage, from project establishment to operation.

He said that new possibilities for industrial development are emerging in Chhattisgarh. The government’s priority is to ensure that industrialization is not limited to a few areas, but reaches different regions of the state. The development of industries based on local resources will strengthen the regional economy and provide youth with better employment and self-employment opportunities within their own regions.

Chief Minister Shri Sai expressed confidence that this new unit of Yash Group will accelerate industrial activity in Nava Raipur and the surrounding area, as well as create new employment opportunities. Assuring the company management of all possible support from the state government, he said that the concerned departments will ensure the necessary coordination and cooperation to ensure timely completion of the project and early commencement of production.

Finance Minister Shri O.P. Choudhary stated that under the leadership of Chief Minister Shri Vishnu Dev Sai, Chhattisgarh’s industrial policy has undergone a significant shift. Investments are now being evaluated not only by the amount of investment, but also by the employment opportunities generated. For a long time, the state has been dominated by industries with high capital investment and relatively low employment. Changing this situation, the new industrial policy has given special priority to labor-intensive and high-employment industries.

He said that the proposed Yash Fans & Appliances unit exemplifies this thinking. The creation of direct employment for over 3,500 people with an investment of approximately ₹150 crore reflects a new direction for the state’s industrial development. It is our endeavor to ensure that the direct benefits of industrial investment reach the youth of Chhattisgarh.

Mr. Chaudhary said that on the instructions of Chief Minister Mr. Sai, the Finance and Industry Departments have developed a coordinated Industrial Development Policy 2024-2030. It provides special incentives to employment-generating industries and coordinates with the central government’s employment promotion schemes. To encourage industries, the budgetary subsidy provision has been increased from approximately 200 crore rupees to more than 1,000 crore rupees.

He said that the first budget of the state government under the leadership of Chief Minister Shri Sai was dedicated to “knowledge,” meaning the welfare of the poor, youth, farmers, and women. While the second budget aimed to give new impetus to good governance, infrastructure, technology, and industrial development through “gati,” the budget focused on economic growth. Resources generated through economic development will be used to further strengthen public welfare schemes. The government’s goal is to provide a sustainable foundation for public welfare through industrial and economic progress.

‘More than 3,000 industries have been established in the state, providing employment to over 50,000 people – Industries Minister Shri Lakhan Lal Devangan’

Industry Minister Shri Lakhan Lal Dewangan said that under the leadership of Chief Minister Shri Vishnu Dev Sai, Chhattisgarh is progressing rapidly in the field of industrial development. Over three thousand industries, both large and small, have been established in the state in the last two and a half years, providing employment to over 50,000 people. Upcoming industrial projects are expected to create new employment opportunities for over 150,000 people.

Mr. Dewangan said that due to the favorable environment for industries in the state and the investment-friendly policies of the government, the confidence of investors is continuously increasing. In line with the resolution of Prime Minister Mr. Narendra Modi for a developed India-2047, continuous work is being done in the field of industry, investment and employment to build a developed Chhattisgarh. Describing the new industrial unit of Yash Group as an important step towards the industrial development of the state, he congratulated the company management. He said that the state government will provide necessary support for the timely implementation of the project, so that the unit can start production soon and the youth of the state can get the benefit of employment.

Mr. A.N. Ravichandran, CEO of Yash Fans & Appliances Limited, provided information regarding the activities, production plans and employment opportunities of the proposed industrial unit. He praised the favorable environment available for industries in the state and the support being received from the state government. On this occasion, Mr. Rajiv Agarwal, Chairman of Chhattisgarh State Industrial Development Corporation (CSIDC), Mr. Ritesh Naredi, Chairman of Yash Group, Mr. Rajat Kumar, Secretary of Industries Department, Mr. Chandan Kumar, Chief Executive Officer of Naya Raipur Development Authority (NRDA), along with representatives of the industry, company management officials and a large number of dignitaries were present.