Jharkhand invites US industries to ‘Make in Jharkhand’
The Dollar Business Bureau
Pitching the Make in India fever to suit Make in Jharkhand, Raghubar Das, the CM of Jharkhand, invited US Industrialists to set up their manufacturing units in the State. Speaking at a seminar organised by the CII in partnership with USIBC he invited them to invest in agricultural sectors as he featured the investor friendly policies and the ease with which businesses can be conducted in Jharkhand.
A week ago the government of Jharkhand had unveiled six policies to attract domestic and international investors. The mineral-rich state is now looking to foray into non-agricultural related sectors like IT/ITeS, BPO, Electronics Systems Design and Manufacturing, Apparels and Textiles, Start-ups, Auto components and automobiles sectors. Speaking to the media then, Raghubar Das said, “Jharkhand is a land of opportunity. For the benefit of the industry, we have finalised new policies which will help them to improve profitability.” Describing the potential of the State he eulogised how bigger players in the country like the Tatas, the Jindals have turned the State into an auto-hub. “The Tatas have already a large presence in Jamshedpur . Through our interaction here, 48 companies have shown interest to invest in our state. Sajjan Jindal of JSW Group is keen to set up a steel plant, a power plant and a cement plant in our state. Besides, I am meeting Tata Group Chairman Cyrus Mistry to invite more investments,” he had detailed then.
Reiterating the same pitch yesterday Raghubar Das said, “It is not only a mineral-rich state but has a land bank, human resources, single window clearance system for investors and entrepreneurs and offers tremendous investment opportunities across sectors such as agriculture, industry, IT medical, food processing, textile and higher education.” Adding that the state's medical, urban development and higher education sectors also offer tremendous investment opportunities.
Das is on a multi-city tour of the US and is leading a delegation to attract FDI from the US in its mining sector. He had attended the Mining Expo, the largest mining show in the world, near Bellagio in Las Vegas.
