Summary:
The Indian players are in the chemicals, refinery petrochemicals and textile sectors while foreign companies are eyeing the steel, auto-ancillary and petrochemicals sectors. The CM reviews key projects worth more than Rs 500 crore on a regular basis and has helped remove bottlenecks and expedite execution. Indian Oil Corporation’s Rs 30,000 crore expansion plan is under way, according to the state government’s records. If these two big-ticket investment are included, the total investment coming to the state in the next two years crosses Rs 2 lakh crore.Manoj Das, principal secretary to the CM and industry and mines department, said, “We expect that investments worth more than Rs 1.5 lakh crore will materialize in two-three years. The state is giving a major thrust to infrastructure development to boost investment potential.”.