Mumbai tycoons woo Ranchi

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On the last leg of the two-day roadshow in Mumbai, investors from the nuclear power sector, hydel projects, bio-fuel, food processing, road construction to agriculture and allied sectors, including hospitality etc lined up with their investment proposals before the Jharkhand Government.

Chief Minister Raghubar Das in his 'Government to Business' meetings on Wednesday sat with more than 30 investors from not only within the country but also from Russia.

Alexy Pimanov of Rosatom proposed nuclear power and hydel power plants in the State, including equipment manufacturing unit. A delegation of the company is slated to visit in October the prospecting sites suitable for the plants.

Vikash Agarwal of JS International offered to set up a starch manufacturing plant at Barhi along with a mega food park at an investment of Rs 150 crore, which would besides, using raw material, also provide numerous job opportunities for the locals.

Das immediately approved the proposal and directed the officials to complete all the prerequisites. 

Enaar Capital came forward to become a financial partner in building road infrastructure to cover the golden triangle connecting Ranchi, Jamshedpur and Dhanbad besides, a power plant in the State. Representatives of the firm would travel to Jharkhand in October to sign an agreement in this regard.

Deccan Group's CEO Sanjay Sahgal has proposed improving regional air connectivity and also development of tourist resorts.

RPG's Harsh Goyanka has expressed willingness to set up a tyre manufacturing unit while the Hinduja Group is willing to invest in the automobile sector.

The Mahindra Group has proposed resorts at tourist spots like Patratu, Hundru and Netarhat whereas the Milton Group's Harsh Jain has offered to set up a bio-diesel plant at Barhi.

lafarge for cement, Hayyat and Marriot in hotels, Taurian World School, Coloao International Infrastructure for affordable housing, Vision Mechatronics for renewable energy, Schokhi Industrials for engineering products, PlG Clean Energy Projects for renewable energy, EV Motors for automobiles are the other willing investors who presented their proposals before the delegation.

Addressing the investors Das said that Jharkhand was ushering in an era of industrial growth and was geared up to attract suitable investments.

"The investor meets and roadshows in this scenario

are the platforms to lure investors who will become long-term partners in the burgeoning development of one of India's youngest States," said Das.

Chief Secretary Rajbala Verma and other senior Government officials had one-on-one meetings with the business honchos during the interactive session that figured industrialists, investors and Chief Executive Officers of various industries.

During the meeting, the invitees were informed about the opportunities, resources available, prospects of

investments in different fields along with the positive industrial environment available in the State and policies of the Government in this regard.

In addition, the investors were also informed about various new policies that have been launched in the last one year and six new policies which were unveiled during the roadshow on Tuesday.

Daily Pioneer
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