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.
“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. “This plant will create jobs for our people and take Chhattisgarh into consumer electronics manufacturing.”
Yash Fans chairman explains why the company chose Chhattisgarh
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 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.
