INVC NEWS
Raipur : A game-changing initiative is set to reshape the business dynamics of Chhattisgarh and connect seven states in South Asia through the largest wholesale corridor. As we step into 2024, the Wholesale Corridor in Raipur promises not just increased trade but also a surge in employment opportunities, marking a significant milestone for the business community.
A Visionary Project Unveiled
The Wholesale Corridor, spanning approximately 1083 acres in Sector 35 of the new Raipur, is slated to host around 8,500 shops. This colossal venture aims to facilitate 90 different types of businesses, creating a comprehensive ecosystem that includes not only wholesale activities but also integrates services like airport cargo, railway stations, and the bustling Dumartarai wholesale market.
Connecting Seven States, Boosting Local Commerce
The Wholesale Corridor isn’t just a local affair—it’s a regional marvel. By connecting seven states, it’s poised to elevate Chhattisgarh’s commerce to unprecedented heights. This interconnectedness isn’t merely about geographical proximity; it’s a strategic move to propel the state’s business landscape forward, providing a substantial boost to both trade and employment.
Elevating Entrepreneurial Enthusiasm
The announcement of the Wholesale Corridor has sparked unparalleled enthusiasm among the state’s business community. The Chhattisgarh Chamber of Commerce has already received a flood of applications from entrepreneurs eager to be part of this transformative venture. Adding to the excitement is the news that the assets of the municipal corporation are now available for leasehold, presenting a unique opportunity for businesses to thrive in the heart of Raipur.
Economic Incentives and Relief
In a proactive move, the Chhattisgarh Chamber of Commerce submitted proposals to the state government, seeking relief in mandi taxes and farmer welfare levies. This strategic advocacy has yielded positive results, with exemptions granted for poha and dal mills until March 2024. Furthermore, the iconic protest site at Budhatolaab has been relocated to the new Raipur, streamlining the city’s development trajectory.
Strategic Regional Development
Amar Parwani, the President of the Chhattisgarh Chamber of Commerce and the Senior National Vice President of CAT, emphasizes that the Wholesale Corridor is not just a market; it’s the future marketplace. Envisioning a holistic development, Parwani predicts a significant economic leap for the state. The corridor’s integration with the economies of seven states is not just about increasing the pace of trade but also ensuring gainful employment for thousands.
The dawn of 2024
As we eagerly anticipate the inauguration of the Wholesale Corridor in the heart of Raipur, the visionaries behind this project have set the stage for a paradigm shift in the economic landscape of Chhattisgarh. The Wholesale Corridor is more than just a commercial space—it’s a conduit for progress, connecting businesses, creating jobs, and heralding a new era of economic prosperity. The dawn of 2024 holds the promise of unprecedented growth, and the Wholesale Corridor stands as a testament to Chhattisgarh’s commitment to a flourishing future.
