Chhattisgarh Industrial Development Policy 2024‑30
Overview
The State Government of Chhattisgarh has adopted a new industrial development policy covering the period from 1 November 2024 to 31 March 2030, aimed at accelerating investment, employment generation, and balanced regional growth across all development blocks.
Key features include streamlining approvals, focusing on thrust sectors (such as food processing, textiles, electronics, IT/ITeS), and offering enhanced incentives for units situated in under‑developed areas.
Key Benefits & Incentives for Business Owners
Capital Investment/Production‑Linked Subsidy: Eligible new units, expansions or diversification projects can obtain substantial subsidies on fixed capital investment, especially if located in priority sectors or backward areas.
SGST / Tax Reimbursement: For high‑technology or advanced sectors (e.g., AI, robotics, advanced computing) the policy provides 100% reimbursement of State GST for 12 years or alternate grants up to 50% of investment (max ₹450 crore).
Stamp Duty & Land/Infrastructure Relief: Exemptions or reimbursements of stamp duty, land conversion/diversion charges, and registration fees are offered for eligible projects and private industrial parks.
Employment Localisation Incentives: To qualify for full benefits, enterprises must ensure that unskilled labour is 100% local (Chhattisgarh residents), skilled workforce at least 70% local, and administrative/managerial staff at least 40% local.
Special Incentives for Thrust / Emerging Sectors: Sectors such as textiles, food processing, NTFP (non‑timber forest product) processing, electronics, green hydrogen, IT/ITeS get additional incentives or bonus support.
Infrastructure Support for Private Industrial Parks: Developers of private industrial areas/parks are offered 50% subsidy of infrastructure cost (excluding land) or ₹20 lakh per acre, whichever is lower, for CE/SETP installations etc.
Eligibility & What You Should Check Before Applying
The policy covers new industrial units, expansions or diversification projects, across manufacturing, service & ancillary sectors.
Check location category: Blocks and districts are classified into zones (based on development level) which determine incentive scale.
Prepare a project report/business plan indicating investment amount, fixed capital, employment generation, and timeline for commercial production.
Ensure compliance with local employment norms, as stated in the policy.
Maintain required documentation for claiming subsidies and reimbursements (investment proof, production/revenue, employment data, permissions).
For private industrial parks: If you plan to develop the park and allocate to units, you can claim additional infrastructure support.
Why This Policy Matters for Entrepreneurs & Business Owners
The policy provides a competitive package of incentives, especially beneficial if you are looking to set up or expand in Chhattisgarh with focus on priority sectors.
The emphasis on ease of doing business, online single‑window clearance, and investment facilitation means you may face fewer procedural hurdles.
If you are in a forward‑looking sector (like AI, electronics, food processing, textiles, green tech), there are strong incentives designed to make your investment more viable.
The policy’s focus on regional balance (backward areas, under‑developed blocks) offers higher benefit potential in such locations.
Employment localisation requirement helps build stronger relationships with the local workforce and meets state objectives, which can be a positive for enterprise branding and community acceptance.
Important Considerations & Highlights
While the incentives are attractive, infrastructure readiness (logistics, power, connectivity) in some blocks/districts may still require your due diligence.
Ensure your business plan includes compliance and timelines, since incentives are often conditional on achieving milestones (investment, production, employment).
For large scale and “anchor” investments, additional bonuses or extra support may apply—but you must meet the threshold criteria.
Regular monitoring & evaluation by the state may apply—so maintain transparent records.
Stay updated for any amendments or updates to the policy, since changes (for example dated 27 May 2025) have already been issued.
Official Notification & Document
You can download the full policy document here: Industrial Development Policy 2024‑30 (English) – Chhattisgarh