French investors showing interest to set up solar projects in Chhattisgarh

More and more companies from varied countries are showing their interest to invest in solar manufacturing in India. Now, French investors are showing their intent to start solar projects in Chhattisgarh. Recently Chinese players had shown their interst in investing in varied sectors in Chhattisgarh.

Apart from solar, the French companies are also intersted in investing in software, infrastructure, tourism etc. The state chief minister Raman Singh recently met French Ambassador (Economic wing) Eva Pereen, at his residence where they discussed how they can take this forward.

There is huge potential for non-core sectors like electronics, food processing, engineering, solar equipment etc. which are being promoted as strategic sectors in the State, Singh had stated.

In the last financial year 2015-16, the state government signed memorendum of understandings (MoUs) of more than Rs 54,000 crore across various focussed sectors. Most of these MoUs have come under implementation, he had stated.

There are numerous states who are coming forward and gives lucrative incentives to multinational companies who are investing in their states, Chhattisgarh is definitely not doing badly in this front.

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By Atanu Kumar Das

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