 "Chhattisgarh looks to China for investment")
At a time when Chinese economy is in crises, Chhattisgarh is exploring the possibilities of investment from China in the state. A high-level delegation led by Chief Minister Raman Singh had left for China to invite Chinese companies to invest in the state.
A state government spokesperson said that the visit was in line of Prime Minister Narendra Modi’s concept of Make-in-India by inviting the companies from China to set up production unit in the state.
A state government spokesperson said that the visit was in line of Prime Minister Narendra Modi’s concept of Make-in-India by inviting the companies from China to set up production unit in the state.
However, the state government is not focusing on investment in the core sector that includes power, steel and aluminium.
The spokesperson said that stress would be on the sectors related to agriculture and food processing, solar energy, information technology, defence equipment and engineering.
“Ironically, the state government is giving priority to investment in agriculture and food processing sector but not a single official from the department concern is in the delegation,” Chhattisgarh Pradesh Congress Committee spokesperson R P Singh said.
The issue shows Bharatiya Janata Party (BJP) government’s seriousness, he said, adding that the timing of the visit is also surprising as the Chinese economy is in crises and the possibilities of investment from China is bleak.
While BJP spokesperson Sanjay Shrivastava said that the state government’s delegation had gone to China to study and explore the possibilities of investment.
“The government of Henan provinces would be signing a Letter of Intent with the Chhattisgarh government for cooperation and support in industrial development and investment in the state,” he said.
The delegation that would return on April 12 would also visit Shenzhen and Hong Kong as part of the business mission.