Chhattisgarh CM Sai secures Rs 43,600 crore FDI commitments from Singapore
Chhattisgarh's Chief Minister Vishnu Deo Sai successfully attracted INR 43,600 crore in foreign direct investment from Singapore. During the visit, an AI-ready data centre campus commitment worth INR 41,750 crore was secured. Additionally, a skilling MoU was signed with ITE Education Services to enhance vocational training. The Chief Minister engaged with various global leaders to discuss…
Chhattisgarh Chief Minister Vishnu Deo Sai secured an impressive Rs 43,600 crore in foreign direct investment (FDI) commitments during his recent visit to Singapore. This marks one of the most substantial FDI inflows the state has received since a single visit. Chhattisgarh and Haryana were the only two states selected by the Ministry of External Affairs (MEA) to participate in the inaugural Singapore-India Network for Growth (SING) Forum 2026.
Within just three days of the visit, the state managed to secure an AI-ready data center campus worth Rs 41,750 crore, signed a skill development memorandum of understanding (MoU) with ITE Education Services, Singapore, and explored partnerships with renowned organizations like Gardens by the Bay and Mandai Wildlife Group. The delegation returned to Chhattisgarh's capital, Raipur, on Tuesday after making the groundbreaking FDI commitments in Singapore.
The largest commitment came from Energy Capital Global (ECG), a Singapore-based company, which plans to develop a 100 MW AI-ready data center campus in Chhattisgarh, valued at Rs 41,750 crore. Sunstream Green Energy Pvt Ltd received an Invitation to Invest worth Rs 1,500 crore for a 300 MW solar project with battery storage, while Valency International Pte Ltd, a global agribusiness group operating in 22 countries, secured an Invitation to Invest worth Rs 350 crore for an integrated Agro and Food Processing and Export Hub.
These investments present opportunities across various sectors, including AI, high-tech digital infrastructure, advanced manufacturing, and startups and MSMEs in the business ecosystem. The state also aims to help farmers reach international markets.
In preparation for the influx of investments, Chhattisgarh signed an MoU with ITE Education Services for technical and vocational education and training, focusing on industry-aligned curricula and stronger pathways to employment. During the SING Forum, Chhattisgarh presented its growth story to a diverse group of international leaders, including Gan Siow Huang, Minister of State for Foreign Affairs and Trade, Singapore; Mark Lee, Chairman of the Singapore Business Federation; Kok Ping Soon, CEO of the Singapore Business Federation; and senior leaders from global companies like Mastercard, Nestle, and IHCL (Taj Hotels).
The Chief Minister also engaged in a fireside chat with Dr Vivian Balakrishnan, Minister for Foreign Affairs of Singapore, discussing deepening India-Singapore ties in investment, skilling, urban planning, and technology.
A CEO roundtable with over 15 global companies, including TCS, SMBC, Tolaram Group, and Agrocorp, opened new avenues for green development and tourism. Meetings with Gardens by the Bay and Mandai Wildlife Group paved the way for botanical gardens in Nava Raipur and the transformation of Nandanvan Jungle Safari into a world-class wildlife destination, boosting tourism and job creation.
Chhattisgarh's Chief Minister, Sai, emphasized that the visit showcased the state's readiness for global investment, highlighting the commitments, partnerships, and a clear path forward for the region.
Written by urgent.news from The Economic Times - Economy's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
