Providing a much needed fillip to the industrial growth of the State, Chief Minister Raghubar Das on Saturday laid foundation of about 74 projects that began their journey during the ‘Momentum Jharkhand Global Investors Summit’ at Ranchi in February this year.
Das in the presence of Union Information and Broadcasting and Textile Minister, Smriti Irani clicked the button to perform ground breaking ceremony of the projects that have an estimated direct investment inflow of more than Rs 2100 crores and a potential of generating over 10,000 direct jobs.
Addressing the gathering on the occasion, Irani said that the event is a testimony to ease of doing business here. The industrial growth has received the right momentum and ‘Momentum Jharkhand’ initiative is going to leave global imprints. She added that the initiative of the Jharkhand Government inviting industries for business has not only attracted companies from India but even global players are being tempted to invest here.
“There was a time when industries were not willing to venture here. The able leadership of Raghubar Das has proved that the State has every potential to march ahead on the path of progress. The best part of the initiative is that the State Government has succeeded to set up harmonious relationship with the industry and the community at large. The second phase of ground breaking ceremony after the first in May also shows the speed of governance in the State,” said Irani, addressing a gathering of over 3,000 people.
Thanking the support of the Union Government, the CM said that this is a beginning of a ‘New Jharkhand’. He said that inspired by the vision of Jamsetji Nusserwanji Tata who set up the first Steel Plant in Jamshedpur, the State Government wants to spread a network of industries. He added that though the State is rich in mineral resources but its people are still poor.
“We want to set up a New Jharkhand, which will have industries and agriculture developing together. The momentum is on the track and now no forces can stop us from being a developed State,” Das announced amidst cheers of supporters.
Addressing the gathering TV Narendran, managing director, Tata Steel India and SEA lauded the efforts to boost investments in the State. He added that Tata Steel has invested about Rs 15,000 crore in the last five years in Jamshedpur and in the mining sector in the State. “The impression towards the state amongst investors has changed in the last few years. The success of the Global Investors Summit in February can be made out from the execution of over 91 projects in only six months which will open investment and job opportunities.”The projects which have been grounded today, pertains to companies from across the country and represent industry sectors like manufacturing, education, healthcare, food processing, warehousing, engineering and textile.