j-khand-claims-investment-proposals-worth-26k-cr-at-bengal-summit

The Jharkhand government stated on Thursday that the state is on its way to becoming an “Investors' Hub,” with entrepreneurs and investors proposing investments exceeding ₹26,000 cr. 

This influx of capital is expected to generate over 15,000 jobs across the state, it claimed.

 

According to the state government, the proposals were received during the Bengal Global Business Summit, which was attended by Chief Minister Hemant Soren. At the event, he encouraged industrialists to invest in Jharkhand.

 

During the summit, he engaged with investors and outlined the state's enterprise development initiatives under the “Advantage Jharkhand” campaign. Accompanying him were his wife and MLA, Kalpana Murmu Soren, along with a delegation of state government officials.

 

Addressing the gathering, Soren urged entrepreneurs and investors to explore business opportunities in Jharkhand, emphasising that their contributions would boost economic growth and development.

 

He highlighted the state's significance in India's economy, noting that Jharkhand possesses nearly 40 per cent of the country’s mineral reserves and is a key producer of essential raw materials for various industries.

 

“In recent years, several mineral-based industries have been established in the state, with major industrial groups making substantial investments.

 

However, to keep pace with the evolving economic landscape, it is crucial to push Jharkhand’s growth even further. The government is proactively promoting the establishment of new industries through innovative policies,” Soren stated.

 

He also emphasised that Jharkhand’s potential extends beyond its mineral wealth, with vast opportunities in sectors such as art, culture, and tourism. The state is India’s leading producer of tassar silk, which presents significant growth prospects for the textile industry, he added.

 

Reassuring investors, Soren affirmed that the Jharkhand government is dedicated to fully supporting those who choose to invest in the state.

 

He also underscored the strong economic and social ties between Jharkhand and West Bengal, highlighting their shared similarities across various industries and activities.