Jharkhand Govt inks MoUs for nearly Rs  10,000 crore investments in State

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The Government of Jharkhand signed Memorandums of Understanding worth nearly Rs 10,000 Crores with leading industrial houses of the country on the concluding day of the two-day Investor’s Meet organized by the Department of Industries, Government of Jharkhand on Saturday.

The industrial giants including, TATA Steel, Dalmia Group, SAIL, Adhunik Power and Prem Rubber Works will make investments in the State, which is likely to generate employment opportunities for over 1.7 lakh people through direct and indirect means in Jharkhand. 

During the launch of the Jharkhand Industrial and Investment Promotion Policy 2021, Chief Minister Hemant Soren said, “The State government wants to move forward with the cooperation of the investors. We are trying to leverage the infinite resources, which nature has gifted to Jharkhand and walk the path of development.”

“In this quest, we expect your cooperation. The government has stepped up and we will not stop here. From the very beginning, the state government has been deliberating upon how to generate employment in Jharkhand. Hitherto, our focus largely revolved around industries based on mines and minerals. They are undoubtedly immensely valuable and will continue to be the backbone but we are now also working in the field of Tourism, Education, Renewable Energy, Food Processing, Auto Mobile, Pharma & Textile. A major part of these industries has been untouched in Jharkhand. Talking about Renewable Energy, I would like to inform you all that very soon we are coming up with a very big project. We are establishing India's largest floating solar plant.  This will generate electricity on a very large scale, he added.

Daily Pioneer
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