Page 8 - IIM Raipur Placement Brochure 2018-19_09.07.18

NAYA RAIPUR

A NEW AGE TOWN

On November 1, 2000, Chhattisgarh—the 26th economy which has witnessed a double digit growth
state of the Union of India—came into existence for close to eight years since 2006.
after the division of Madhya Pradesh. Seeing the Among the many successful policies and development
plight, neglect and slow development of the region, projects, one of the most ambitious ventures by the
former Prime Minister Atal Bihari Vajpayee decided state government is Naya Raipur, Chhattisgarh’s new
to create the new state of Chhattisgarh. On its first capital city, which was recognized as world’s first ever
Foundation day, all that Chhattisgarh had were integrated township in January 2017.
unexplored reserves, an undermined local population,
a few dams and insurgency concerns. The birth of It caters to the need of the various industrial areas
Chhattisgarh made the impression that another nearby like Bhilai, Bilaspur, Urla, Sirgitti and Bhanpuri
backward, underdeveloped and gloomy region would which made the state one of the leading producers
now get recognition on the map of India. In the last of steel, iron, aluminium, cement, engineering
14 years of its existence the state has been able to products, minerals, handloom and blended yarns of
create a sound economy based on an agricultural the country.
sector which has shown impressive growth as well It is due to these efforts that the state has made
as industrial production driving by thermal power great strides in industrial production and is punching
plants. Chhattisgarh has been consistently ranked much above its weight when it comes to contribution
among top 3 investment destinations in the country to the national economy.
since 2006. The state of Chhattisgarh has a robust

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