Jharkhand pushes new investment vision

Mail News Service

New Delhi/Ranchi, July 10: Jharkhand has intensified its push to position itself among India’s most preferred investment destinations, presenting an ambitious roadmap for industrial growth, employment generation and sustainable economic development at the National Stakeholders’ Consultation 2026 in New Delhi.
The two-day consultation, held at Taj Palace Hotel, brought together policymakers, industry leaders, investors and development partners to deliberate on strategies aimed at strengthening Jharkhand’s industrial ecosystem and enhancing the state’s competitiveness.
The session on Industrial Promotion and Investment was chaired by Industries, Labour, Employment, Training and Skill Development Minister Sanjay Prasad Yadav, who reaffirmed the Hemant Soren government’s commitment to creating a transparent, investor-friendly business environment supported by progressive policies, robust infrastructure and a skilled workforce.
Addressing the gathering, the minister said the government’s foremost objective is to generate quality employment opportunities within Jharkhand so that the state’s youth no longer have to migrate in search of livelihoods. He stressed that industrial expansion and tourism development would serve as the twin engines of inclusive economic growth.
Highlighting Jharkhand’s untapped potential, Yadav said the state possesses abundant natural resources, strategic connectivity and a rapidly improving industrial climate. He invited domestic and global investors to partner with the government in unlocking opportunities across mining, manufacturing, steel, food processing, logistics, renewable energy and emerging sectors.
Participants held detailed discussions on improving the ease of doing business, accelerating project clearances, strengthening industrial infrastructure, promoting innovation and technology adoption, developing sector-specific policies and expanding public-private partnerships. The consultation also underscored the importance of sustainability, skill development and value-added manufacturing in driving long-term industrial growth.
Industry leaders observed that Jharkhand is well-positioned to emerge as a major investment destination, provided policy continuity, faster implementation of projects and investor confidence remain key priorities.
The discussion was moderated by Arava Rajkamal, Secretary, Department of Industries, Mines and Geology, and featured prominent industry representatives including V.K. Sharma, Vice Chairman, Jindal Group; Siddharth Rungta, Chairman, Rungta Group; Nivruti Rai, Managing Director, Invest India; Sundar Raman, Vice President, Tata Steel; and Devyani Khankhoje, President (Corporate Affairs), Varun Beverages Ltd.
The consultation concluded with a collective resolve by the government and industry stakeholders to work together towards transforming Jharkhand into a globally competitive industrial and investment hub, while ensuring balanced regional development and large-scale employment generation.
Among those present were Ministers Deepika Pandey, Sudivya Kumar, Irfan Ansari, Shilpi Neha Tirkey, besides senior government officials, industrialists and policy experts from across the country.