Yash Fans on Friday laid the foundation stone for a Rs 152.74-crore manufacturing plant in Nava Raipur in Chhattisgarh in the presence of Chief Minister Vishnu Deo Sai. The facility, billed as the state’s first consumer electronics manufacturing plant, is expected to generate 3,500 jobs and boost local manufacturing.
Vishnu Deo Sai promises government support for the project
“This plant will create jobs for our people and take Chhattisgarh into consumer electronics manufacturing. “The state gives us easy access to raw materials like steel and aluminium, a central location from where we can serve customers across the country, hardworking people, and strong support from the government. Welcoming Yash Fans to Chhattisgarh, Chief Minister Vishnu Deo Sai assured the company of the state government’s full support. “Now it is ready to make not just the materials that build India, but also the products that run Indian homes. This will help take ‘Made in Chhattisgarh’ products across the country, in line with Prime Minister Narendra Modi’s vision of Make in India.”
“Providing employment to our youth is our government’s top priority, and our Industrial Development Policy 2024-30 has been shaped with this focus,” said CM Vishnu Deo Sai. Explaining the company’s decision to expand into the state, Ritesh Naredi, chairman of Yash Fans, said Chhattisgarh offered several advantages for manufacturing, including access to raw materials, a central location and government support. “Chhattisgarh is the ideal location for us to expand our manufacturing base,” said Ritesh Naredi, Chairman, Yash Fans. “The state has long fuelled India’s growth with its steel, coal and power,” he said.
The foundation stone ceremony for the new Yash Fans manufacturing plant was held in Nava Raipur on Friday, October 16, in the presence of Chief Minister Vishnu Deo Sai. The project, involving an investment of Rs 152.74 crore, is expected to provide employment to 3,500 people and create a source of income for thousands of families across the state.
