Jharkhand has immense investment opportunities: Ratan Tata

Ranchi, Feb 16: Remembering his initial days in Jamshedpur, Tata Group patriarch Ratan Tata today said that Jharkhand has great potential. He called upon domestic and global corporate houses to grab the immense investment opportunity.

�Under the Prime Minister and his government, India is on the threshold of projecting itself as a new India,� said Tata, who started his career at Tata Steel in Jamshedpur, while speaking at the Momentum Jharkhand Global Investors� Summit 2017.

Tata said India has great opportunities. However, the country will not be able to grow if it focuses only on traditional spots which have been industrialised and therefore it needs to widen base and extend industrialisation to other geographies as well, he said.

�Jharkhand is one such place. Its richness in mineral wealth, its natural beauty and the excitement of developing it are immense. I think all of us, both in India and outside India, need to seize this opportunity in places like Jharkhand,� Tata said.

Highlighting the benefits of investing in Jharkhand, the veteran industrialist said the state government is �keen to progress� and see itself standing among states that are enjoying the excitement of the new India.

�I urge my contemporaries, both in India and beyond India, to embrace the opportunity at this time,� he said.