Jharkhand’s delegation to Japan led by Chief Minister Raghubar Das on the second day of its visit met Japan International Cooperation Agency (JICA) represented by Junichi Yamada, Sr Vice President. The delegation discussed the possibility of JICA support & funding for infrastructure projects in Jharkhand such as Smart city, Metro Rail, Urban Infrastructure, Water & Sanitation and other projects of social relevance.
The CM chaired the Jharkhand Investment roadshow, wherein he emphasized on the strength and showcased the business prowess of the state. In his address to the gathering of over 100 delegates, Das sought support from JETRO, JICA and METI in initiatives of Infrastructure development. He stressed that Infrastructure and ESDM is one of our focus sectors and the State can offer special packages to Japanese companies willing to invest in Jharkhand.
Das proposed for possible collaboration of technical institutions of the State with Japanese institutions under Japan-India Institute for Manufacturing (JIM). The Indian Ambassador to Japan Sujan R Chinoy in his address projected Jharkhand as the most progressive State of India with consistent double digit growth rate. The roadshow was followed by a networking buffet lunch with the local industry fraternity.
The CM also met office-bearers of Japanese organisations where he assured the prospective investors regarding the industrial environment offered by the State. The companies discussed in length regarding their requirement and expectations.
Secretary, Industries, in his presentation, explained the benefits of investing in Jharkhand and explained key policies of the State. Chief Secretary, in her address urged the investors to visit Jharkhand saying that it is a fast progressing State and an ideal investment destination. She stressed that the state is offering all requisite infrastructures in place and already progressing at a double digit growth rate that places the state as a pioneer amongst Indian states.
The CM had a series of important B2G meetings that may change the course of investment by the Japanese companies in the State. He met the heads of prominent Japanese companies and had held fruitful discussions about investment avenues.
The CM put forth the different facets of positive change coming in the industrial environment offered by the State.
During the B2G meetings several companies showed interest in investing in the State like ISE Foods INC, which is considering to setup their poultry facilities in India. The company will own and operate poultry farms in Jharkhand. The company has proposed to produce nutritional chicken eggs through improving the breeding and genetics of domestic chicken in Jharkhand. The company will visit Jharkhand to study the opportunities.
Nippon Steel & Sumitomo Metal Corporation plans to expand its footprint in India, and Jharkhand is in consideration. UNIQlO retail stores is considering expanding its retail chain in India. A delegation will visit Jharkhand.
Officials from Sojitz Group will visit Jharkhand for exploring opportunities in verticals of Industrial Park, Engineering and Energy.
Mitsui & Co is considering for a partnership with Government of Jharkhand for Textile/ craft, Food Sectors. NEC Corporation is exploring opportunities in IT and ESDM sector including R&D and product development. Itochu logistics will explore the opportunity in the state for dry port management and total strategic logistics management solution.
The visit to Tokyo ended on a positive note, unprecedented keenness was witnessed among Japanese business and commercial establishments for investment in Jharkhand. The CM confirmed that separate clusters are being planned to be developed in Jharkhand especially for Japanese and South East Asian countries, which got an overwhelming response from the industrial fraternity.