Jharkhand

  • Jharkhand is the only state in India to produce cooking coal, uranium and pyrite and also a leading producer of coal, mica, kyanite and copper. The natural resources, policy incentives and location-specific advantages of Jharkhand support investments in sectors such as mining and metal extraction, engineering, iron and steel, and chemicals. Jharkhand has around 40 per cent of the country's mineral wealth; its extensive mineral resources make mining, metals and related sectors especially lucrative for investments. Almost 75 % of the population in Jharkhand depends onagriculture or agriculture-related occupations and the state produces various kinds of cereals, crops and vegetables.
Capital | Population Ranchi | 31.9 million
State GDP & Growth Rate - GDP State GDP is around US$ 31.4 billion and the growth rate is approx. 8.17%.
Per capita income The per capita income ranges from US$ 835 to 845.
Political Scenario The Government of Jharkhand is the supreme governing authority of the state of Jharkhand. Since 2014, Bharatiya Janata Party (BJP) is the ruling party.
Key Sectors / Industries Mining and mineral extraction, engineering, iron and steel, chemicals, handloom, food and beverages, automotive and cement are among the key sectors of the state.
Emerging markets / opportunities
  • - Mineral based industry
  • - Power
  • - Information Technology (IT)
  • - Auto and White goods
Business Scenario /Government Initiatives
  • There are about 26 mega industries, 106 large and medium industries, and 18,109 micro and small industries have been set up in Jharkhand, with an estimated investment of US$ 6.3 billion. These have provided employment opportunities to 63,000 persons. The Government of Jharkhand has simplifying procedures for granting mining leases, encouraging joint venture projects with Jharkhand State Mineral Development Corporation, and rapid clearance of mining lease applications. The state has established chemical clusters to promote investments from micro, small and medium enterprises (MSMEs).
  • Jharkhand is richly endowed with minerals, such as bauxite, mica, graphite, quartz, iron, copper, and magnetite. About 40% of the country’s total mineral resources are located in the state.
  • The state is also the only producer of uranium and coking coal in the country.
  • Jharkhand also has an abundance of water, energy reserves, forests, and fertile land, which can help the state become one of the most developed states in the country.
  • Investment in Jharkhand is advantageous due to attractive features, such as a proactive administrative system, richness of minerals, skilled manpower, a number of supporting small-scale industries, reputed technical and educational institutes, and a wide consumer market.
  • Investment opportunities also exist in agriculture-based industries, hand loom and handicraft, khadi and village industries, and forest-based industries.
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