AUGUST Chhattisgarh 2012 THE MINERAL BASKET For updated information, please visit www.ibef.org 1 AUGUST Chhattisgarh 2012 THE MINERAL BASKET Contents Chhattisgarh – An Introduction Infrastructure Status Business Opportunities Doing Business in Chhattisgarh State Acts & Policies For updated information, please visit www.ibef.org 2 AUGUST Chhattisgarh 2012 THE MINERAL BASKET Chhattisgarh Factfile → Bhilai, Durg, Bilaspur, Korba and Rajnandgaon are some of the major cities of the state. → Chhattisgarh has a tropical climate with three major seasons: summer (April to June), monsoon (July to September) and winter (October to March). Parameters Chhattisgarh Capital Raipur ODISHA Geographical area (sq km) 135,191 Administrative districts (No) 27 Population density (persons per sq 189 km)* Total population (million)* 25.5 Male population (million)* 12.8 Source: Maps of India Female population (million)* 12.7 → Chhattisgarh is located in Central India. The state shares border with Madhya Pradesh and Maharashtra Sex ratio (females per 1,000 males)* 991 in the West, Uttar Pradesh in the North, Odisha and Literacy rate (%)* 71.0 Jharkhand in the East and Andhra Pradesh in the South. Sources: Government of Chhattisgarh Website, http://cg.gov.in/, *Provisional Data – Census 2011 → The languages spoken are Chhattisgarhi and its local dialects, Hindi and English. For updated information, please visit www.ibef.org CHHATTISGARH – AN INTRODUCTION 3 AUGUST Chhattisgarh 2012 THE MINERAL BASKET Chhattisgarh in Figures … (1/2) Parameter Chhattisgarh All-States Source Economy GSDP as a percentage of all states’ GSDP 1.7 100 CMIE, 2010-11, current prices Average GSDP growth rate (%)* 16.1 15.9 CMIE, 2004-05 to 2010-11, current prices Per capita GSDP (US$) 1,031.9 1,324.3 CMIE, 2010-11, current prices Physical Infrastructure Installed power capacity (MW) 5,347.3 199,627.0 Central Electricity Authority, as of March 2012 Telecom Regulatory Authority of India, as of Wireless subscribers (No) 50,873,737^ 903,727,208 January 2012 Ministry of Communications & Information Broadband subscribers (No) 95,499 13,350,938 Technology, as of December 2011 Ministry of Road Transport & Highways, National Highway length (km) 2,184 71,772 Annual Report 2011-12 Airports (No) 2 133 Airport Authority of India Social Indicators Literacy rate (%) 71.0 74.0 Provisional Data – Census 2011 Birth rate (per 1,000 population) 25.3 22.1 SRS Bulletin (www.censusindia.gov.in), 2011 *Calculated in Indian Rupee Terms ^Including Madhya Pradesh SRS: Sample Registration System For updated information, please visit www.ibef.org CHHATTISGARH – AN INTRODUCTION 4 AUGUST Chhattisgarh 2012 THE MINERAL BASKET Chhattisgarh in Figures … (2/2) Parameter Chhattisgarh All-States Source Investments Department of Industrial Policy & Promotion, FDI equity inflows (US$ billion) 0.7* 160.0 April 2000 to January 2012 Outstanding Investments (US$ billion) 377.0 11,318.3 CMIE (2011-12) Industrial Infrastructure PPP projects (No) 4 881 www.pppindiadatabase.com SEZ (No) 1 386 Notified as of July 2012, www.sezindia.nic.in SEZ: Special Economic Zone, PPP: Public Private Partnership, *Including Madhya Pradesh For updated information, please visit www.ibef.org CHHATTISGARH – AN INTRODUCTION 5 AUGUST Chhattisgarh 2012 THE MINERAL BASKET Advantage Chhattisgarh Mineral Resources Mineral resources are Chhattisgarh’s biggest strength. It has deposits of limestone, iron-ore, copper, bauxite, dolomite and coal. Chhattisgarh accounts for about 16 per cent of the nation’s coal reserves. The state also has proven diamond reserves along with potential gold reserves. Policy and Fiscal Incentives The state offers a wide range of fiscal and policy incentives for businesses under its Industrial Policy, 2009-2014. Additionally, the state has well-drafted policies for the IT/ITeS, minerals and energy sectors. Surplus Power Chhattisgarh is presently one of the few states that has surplus power. It is also among the few profitable states in terms of utility-based electricity. Presence of coal makes Chhattisgarh an ideal location for setting up pit-head based thermal power plants for both, merchant sales and state consumption. Rich Labour Pool The state has a high worker-participation rate (male and female). It also has one of the lowest losses in terms of man-days attributed to labour problems in the country. For updated information, please visit www.ibef.org CHHATTISGARH – AN INTRODUCTION 6 AUGUST Chhattisgarh 2012 THE MINERAL BASKET Economic Snapshot – GSDP → At current prices, the Gross State Domestic Product Chhattisgarh’s GSDP (GSDP) of Chhattisgarh was about US$ 28.2 billion in 2011-12. 2011-12 28.2 2010-11 25.7 → The average GSDP growth rate between 2004-05 and 2011-12, was about 15 .0 per cent. 2009-10 20.9 2008-09 21.1 2007-08 19.9 2006-07 14.7 CAGR 15.0% 2005-06 12.0 2004-05 10.6 0 5 10 15 20 25 30 US$ billion Source: CMIE For updated information, please visit www.ibef.org CHHATTISGARH – AN INTRODUCTION 7 AUGUST Chhattisgarh 2012 THE MINERAL BASKET Economic Snapshot – NSDP → In 2011-12, the Net State Domestic Product (NSDP) of Chhattisgarh’s NSDP Chhattisgarh was about US$ 24 .7 billion. 2011-12 24.7 → The average NSDP growth rate between 2004-05 and 2010-11 22.5 2011-12, was about 15 .1 per cent. 2009-10 18.1 2008-09 18.0 2007-08 17.2 2006-07 12.7 CAGR 2005-06 10.3 15.1% 2004-05 9.2 0 5 10 15 20 25 30 US$ billion Source: CMIE For updated information, please visit www.ibef.org CHHATTISGARH – AN INTRODUCTION 8 AUGUST Chhattisgarh 2012 THE MINERAL BASKET Economic Snapshot – Per Capita GSDP → In 2011-12, the state’s per capita GSDP was US$ Per Capita GSDP 1,108.7. 1,200 1,108.7 CAGR 1,031.9 → The per capita GSDP increased at a CAGR (Compound 1,000 12.7% 876.4 Annual Growth Rate) of 12.7 per cent between 2004- 845.0 854.5 05 and 2011-12. 800 636.5 531.0 600 477.4 US$ 400 200 0 Source: CMIE For updated information, please visit www.ibef.org CHHATTISGARH – AN INTRODUCTION 9 AUGUST Chhattisgarh 2012 THE MINERAL BASKET Economic Snapshot – Per Capita NSDP → The state’s per capita NSDP in 2011-12 was US$ 971.4 Per Capita NSDP as compared to US$ 412.8 in 2004-05. 1,200 971.4 → The per capita NSDP increased at an average rate of 1,000 CAGR 13 .0 per cent between 2004-05 and 2011-12. 13.0% 903.3 748.4 740.7 800 730.2 600 547.7 412.8 454.3 US$ 400 200 0 Source: CMIE For updated information, please visit www.ibef.org CHHATTISGARH – AN INTRODUCTION 10 AUGUST Chhattisgarh 2012 THE MINERAL BASKET Economic Snapshot – Percentage Distribution of GSDP → In 2011-12, the tertiary sector contributed the highest Percentage Distribution of GSDP to Chhattisgarh’s GSDP, at current prices, at 36.7 per CAGR cent (US$ 10 .3 billion). It was followed by the 100 secondary sector, contributing 32.8 per cent (US$ 9.2 90 billion) and the primary sector, contributing 30.5 per 80 34.4 36.7 17.0% cent (US$ 8.6 billion). 70 60 50 33.1 15.8% → At a CAGR of 17 .0 per cent, the tertiary sector has 32.8 40 been the fastest growing among the three sectors 30 from 2004-05 to 2011-12. The growth has been driven 20 32.5 30.5 by trade, hotels, real estate, banking, insurance, 10 15.0% transport, communications and other services. 0 2004-05 2011-12 → The secondary sector grew at a CAGR of 15 .8 per cent Primary Sector Secondary Sector Tertiary Sector between 2004-05 and 2011-12. It was driven by manufacturing, construction and electricity, gas & water supply. Source: CMIE → The primary sector grew at a CAGR of 15 .0 per cent between 2004-05 and 2011-12. For updated information, please visit www.ibef.org CHHATTISGARH – AN INTRODUCTION 11 AUGUST Chhattisgarh 2012 THE MINERAL BASKET Economic Snapshot – Agriculture Production → Rice is the major crop of the state. The total paddy Annual Production – 2010-11 Crop (rice) production of the state was 9.9 million tonnes (‘000 Metric Tonnes) in 2010-11 . Paddy (Rice) 9,956.6 → Maize, wheat, pulses and oilseeds are some of the Gram 239.6 other major crops of the state. Maize 190.5 Wheat 121.7 → In 2010-11 , total oilseeds production in the state was 201,000 tonnes. Soybean 112.4 Total Oilseeds 201 → In 2010-11 , total gram production in the state was 239,600 tonnes. Sources: Economic Survey of Chhattisgarh 2011-12 → In 2010-11 , total fruits production in the state was around 1.5 million tonnes. For updated information, please visit www.ibef.org CHHATTISGARH – AN INTRODUCTION 12 AUGUST Chhattisgarh 2012 THE MINERAL BASKET Economic Snapshot – Investments and FDI Inflows → According to the Department of Industrial Policy & Break up of Outstanding Investments by Sector (2011-12) Promotion, the cumulative FDI inflows from April 2000 to January 2012 amounted to US$ 768 million*. 2.2% 4.8% Electricity → In 2011-12, the outstanding investments in the state were US$ 377.0 billion. Manufacturing 27.6% → Of the total outstanding investments, the electricity sector accounted for around 65.4 per cent followed by manufacturing sector (27.6 per cent). 65.4% Mining *Including Madhya Pradesh Others Others include services, irrigation and real estate Source: CMIE For updated information, please visit www.ibef.org CHHATTISGARH – AN INTRODUCTION 13 AUGUST Chhattisgarh 2012 THE MINERAL BASKET Economic Snapshot – Exports Trends → Chhattisgarh’s total exports were US$ 353.3 million in Exports Trends 2009-10 . 700 644.7 553.4 → Nearly 75 per cent of exports comes from Bhilai and 600 the remaining from Urla, Bhanpuri, Sirgitti, etc.