Chhattisgarh will drive India's growth: Raman Singh

Last Updated: Thu, Oct 11, 2012 19:20 hrs

Mumbai, Oct 11 (IANS) Chhattisgarh will drive India's economic growth in the coming years, Chief Minister Raman Singh said Thursday.

Speaking at a road show here to attract investors at the state's 'Global Investors Meet and Exhibition' Nov 2-3, Raman Singh said the state had all the ingredients to make it a better investment destination than most other states in the country.

He said Chhattisgarh could offer investors its huge reserves of natural resources, uninterrupted power supply, trained manpower, investor-friendly environment and political stability.

Noting that the state continued to post a double digit growth of its Gross State Domestic Product (GSDP) for the last eight years, he said Chhattisgarh attained the highest growth rate in India in 2009-10, which was 11.49 percent, and increased it to 11.57 percent in 2010-11.

He told the prospective investors that the state had surplus power mainly due to its large coal reserves (19 percent of the total coal reserves in India) and his government's progressive policies.

He added that 12 integrated infrastructure development centres, five industrial parks, eight industrial areas, three grand industrial areas and three special economic zones have been proposed in Chhattisgarh.

Bollywood actor Ajay Devgan met Raman Singh during the road show and expressed an interest in investing in the state.

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