The State Government will be holding parleys with corporate houses in the six-day long ‘Make in India Week’ which will kick off at Mumbai on February 13 and will attempt to infuse confidence among potential investors being handpicked by the Government’s knowledge partner Ernst & Young to socialise with the State Government and learn about evolving investment climate.
Jharkhand is among 16 States that will put up a pavilion to disseminate information and offer insights about various measures and mechanism that has been developed by the Government to improve flow of capital into the State. The State officials will camp for the entire duration of the summit and attempts will be made to harvest Jharkhand’s image as one the top three destinations for ‘ease of doing business’ in the country. The grand event is being organised by Department of Industrial Policy and Promotion, the Maharashtra Government and Confederation of Indian Industries (CII). Significantly, the pavilion will spread awareness about industrial policies and share land bank details with companies willing to invest capital in the State.
The Department of Industry with the help of the knowledge partner will be organising two small conferences between 10 am and 1pm on February 17 and an interaction session on February 16 to hard sell Jharkhand’s continuous endeavour to fuel growth of industries. The first part of the conference will be ‘Jharkhand Investor Summit’ for which the department of Industry has invited special guests from the corporate world to share their views about the way forward for Jharkhand as it attempts to dispel all sorts of fear with regard to land, laws and labour.
“Special guests will be delivering key remarks. Sajjan Tindal, Nain Tindal and Peasant Ruiz have confirmed their participation and they will be our key speakers for the summit,” said Deputy Director of Industry department, Madhya Shoran Singh.
A 10-minute audio-visual presentation on ‘Advantage Jharkhand and Industry Investment Climate’ will be displayed to apprise interested corporate houses about investment climate in Jharkhand followed by a panel discussion spread in two sessions on ‘Advantage Jharkhand’ to tell the world about benefits of pushing capital in Jharkhand. The panel discussion will focus on eight key areas - heavy machinery, automobile, metal and mining, infrastructure, healthcare, food processing, textiles and education sector-and brochures will be circulated on those sectors.
The department is contemplating more efforts from its end to bring investors close to the State’s policy makers and facilitate a dialogue between heads of corporate entities and Chief Minister, Raghubar Das. A discussion over dinner programme has been planned by the department on February 16 to bring major players in the nine sectors closer to the policy makers of the State.
“We will create a slot for a closed door meeting between Chief Minister and those who exhibit interest in investing in Jharkhand. We have adopted a slightly different approach this time and instead of hunting for investors we will wait for them to come to us,” added the Deputy Director.
The department’s knowledge partner is carefully picking up companies that could invest in Jharkhand and even before the grand business show kicks off around eight proposals of investment have been received by the knowledge partner has kept the names secret to prevent poaching by other states.
