Investment push gains momentum

Chhattisgarh signs Rs 9,500 cr MoUs with 7 firms at Hyderabad roadshow

Metro India News | Hyderabad 

Chhattisgarh on Friday signed investment MoUs worth over Rs 9,500 crore with seven companies at a roadshow in Hyderabad, a move expected to generate more than 7,800 jobs. Chief Minister Vishnu Deo Sai said the state had emerged as a preferred investment destination, backed by streamlined approvals, strong infrastructure, a robust single-window system and industry-friendly policies.

The MoUs cover sectors including data centres, semiconductors, cement, solar equipment, textiles, pharmaceuticals and dairy. Sai said the state’s new industrial policy had already attracted investment proposals worth Rs 8 lakh crore, while the energy sector alone accounted for proposals worth Rs 3.5 lakh crore. He also asserted that no Maoist-affected districts remained in the state.

Inviting Hyderabad-based firms in IT, pharmaceuticals and logistics to invest, Sai assured investors of full policy support. He also met executives from Google India, IBM, Polycab India, Page Industries and Delta Electronics to discuss opportunities in the state.

The largest proposal came from Hypernext Data Centre Limited, which plans to invest Rs 4,200 crore in a data centre project. Feegrade and Company Private Limited proposed Rs 2,912 crore for a cement project expected to create around 4,000 jobs. Nivai Labs proposed Rs  1,000 crore in semiconductor and GPU infrastructure, while SG Mart committed Rs 700 crore in solar equipment manufacturing.

Other proposals included Rs 528 crore by Shri Saravana Mills in textiles, Rs 200 crore by Kabra Drugs and Rs 40 crore by Dinshaw’s Dairy Foods.

On Telangana’s proposed Sammakka-Sarakka Lift Irrigation Scheme, Sai said an IIT Roorkee survey had been commissioned and its report was awaited before a decision on the requested No Objection Certificate.

Vietnam opens doors to Indian businesses

In a move aimed at strengthening economic, innovation and academic ties between India and Vietnam, Invest Vietnam and the International Council for Innovators and Entrepreneurs (ICIE) have launched Explore2Expand Vietnam, a platform designed to connect Indian businesses and institutions with opportunities in Vietnam.

The initiative was announced in Hanoi by Nguyen Dinh Nam, Chairman and CEO of Invest Vietnam, and Hyderabad-based Sundeep Kumar Makthala, Founding Convener of ICIE and Lead Promoter of Explore2Expand.

As part of the programme, an Indian delegation will visit Hanoi and Ho Chi Minh City from June 24-27, 2026, to explore opportunities in manufacturing, trade, innovation, investment and academia. The delegation will include entrepreneurs, exporters, startups, investors, students, faculty members and researchers.

Participants will engage with Invest Vietnam, the Embassy of India in Vietnam, business chambers, the Vietnam National Innovation Center, universities, research institutions and industry leaders. The programme aims to facilitate business partnerships, knowledge exchange and long-term collaboration.

Makthala said the initiative would help Indian organisations tap Southeast Asian growth opportunities while enabling Vietnamese enterprises and institutions to deepen ties with India. Participants will also gain first-hand insights into Vietnam’s rapidly expanding manufacturing base, technology ecosystem, export potential and investor-friendly environment. Registrations are currently open, with organisers expecting strong participation from businesses, academic institutions and innovation-driven enterprises across India.