The Pioneer reported that Raipur based Hira Group signed 4 MoUs with Chattisgarh’s Industries Department for the investment of INR 2,576 crores for the establishment of automobile, steel and solar power plants.
Godavari Power and Ispat Ltd will invest INR 1,400 crore at the Raipur division and Rs 900 crore at the Bastara division.
Nanoion Batteries Pvt Ltd will establish a Lithium battery manufacturing plant with production capacity of 50,000 batteries with investment of INR 13.05 crores.
Godavari Electric Pvt Ltd will establish 40,000 electric vehicles manufacturing plant for INR 17.7 crores.
Spring Solar Pvt Ltd will set up a solar power plant at Rajnandgaon with investment of INR 245 crore.