The Bihar Post

Jharkhand set to get ‘momentum’ as two-day Global Investor Summit begins


Ranchi: Union finance minister Arun Jaitely today inaugurated the two-day Global Investor Summit being branded as “Momentum Jharkhand” at Khel Gaon amid presence of a large number of investors.

Scores of investors from India and abroad are taking part in the mega event which authorities say will give a new push to state’s growth.

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During the two-day summit, the Jharkhand government is expected to sign MoU with over 200 companies for investments worth Rs 3.75 lakh crore.

This is the first time for Jharkhand that this meet is being organized at such a massive scale.

“Jharkhand is quite important for me. It is in Jamshedpur that I got my first job while I spent six years of life in Jharkhand,” said Tata Steel chairman Ratan Tata while addressing the summit.

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He added that Jharkhand has huge potentials.

The Ambassador of Japan, kenji Hiratsu while stating that his country had a very old relations with Jharkhand said Japanese companies are ready for investments in this mineral-rich state.

In his message, Jharkhand chief minister Raghubas Das has said, “My Government is committed to protect and secure the wellbeing of investments, industry and the state’s residents. Since coming to power, there has been not a single major incidence of industrial conflict”.

He said he was proud that Jharkhand was moving fast towards realising its commitment for better infrastructure, faster development and establishment of industrial base which would create employment opportunities for millions of youth in the state.

“We are focused on providing an enabling business environment and all necessary infrastructure for the industries to bloom in the state,” Das said.

Jharkhand, established in November 2000, is one of the most competitive and investment-ready state in the country.

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