Momentum Jharkhand Investors Summit 2017

Momentum Jharkhand

Global Investors Summit 2017.

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Jharkhand at a Glance

Jharkhand the 28th state of the Indian Union was brought into existence by the Bihar Reorganization Act on November 15, 2000- the birth anniversary of the legendary tribal revolutionary Birsa Munda. Jharkhand is famous for its rich mineral resources such as Uranium, mica, bauxite, granite, gold, silver, graphite, magnetite, dolomite, fireclay, quartz, feldspar, coal (35% of indian reserves), iron, copper (20% of indian reserves) etc. Forests and woodlands occupy more than 29% of the state which is amongst the highest in India.

Population* 3,29,88,134
Male Population* 1,69,30,315
Female Population* 1,60,57,819
Density of Population* 414 persons / Sq. KM
No. of Districts 24
No. of Sub divisions 38
No. of Blocks 260
No. of Villages 32,620
National Highways 1,844 KMs
State Highways 6,880 KMs
Total Geographical Area 79.70 Lakh Hect
  • Jharkhand presently produces about 25% of the country‚Äôs steel. With the proposed expansion in the number of integrated steel plants, the state will be producing over 25 MT of steel and thus, will turn into a future steel-hub.
  • Similarly the production of alumina in the state has increased from about 80,000 MT to over 200,000 MT .
  • The Jharkhand Government is also working towards improving exports, skill development, mineral based products, handicrafts, handlooms, agriculture and processed food products to ensure increased industrial development across the state. Jharkhand is also wooing investors in mineral exploration, plastics and rubber, chemicals, electrical, cement, metallurgy and automobile components, and equipments for heavy engineering companies.
  • Around 30% of Jharkhand’s geographical area is covered with highly bio-diversified forests, thus giving opportunity for development of minor forest produce based industries and herbal based industries. Also, its agro-climatic condition is suitable for development of agri-based and allied sector industries.
  • The Central Government’s upcoming Eastern Dedicated Freight Corridor passes through the state and will connect Jharkhand with West Bengal, Bihar, Uttar Pradesh, Delhi, Haryana, Punjab and Rajasthan. The Corridor is expected to be immensely beneficial for industries in the state. For one, it would help in the transport of finished products to ports in Bay of Bengal in a lesser amount of time, thereby saving on both cost and time.
  • The state government acts as a facilitator and a catalyst by providing support infrastructure facilities such as inland container depots, air cargo facilities, knowledge parks, Special Economic Zones, and internet connectivity, etc. The government also gives a high priority to rail & road network expansion.

*Data As Per 2011 Census