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Saplings planted during Momentum Jharkhand bearing fruits: CS

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Jamshedpur, Aug. 19: Investments accruing are indicators of development of any state. Thanks to Chief Minister’s initiatives and relentless pursuit, it is happening in Jharkhand.

This was observed here today by the Chief Secretary of Jharkhand Rajbala Verma in her address at Gopal Maidan, Bistupur, during the second phase of ground breaking ceremony for realisation of projects signed during Momentum
Jharkhand Global Investors Summit in February 2017.

“We are reaping fruits of the hard work that has gone into the making of these projects tangible and will continue to improve the situation in terms of ease of doing business here and creating a conducive business environment for trade and investment.

Policies are being framed for further easing the availability of land for projects to accrue and usher in,” said the Chief Secretary.

‘Diligent human resources of the state are also being trained into different trades and skills so that they may be equipped with cutting edge skills for employment suitability and growth,’ the Chief Secretary added.

Verma also announced that in September this year, foundations for 10 IT projects would be laid to be followed by a third phase ground breaking ceremony in November to realise over 50 projects signed during GIS 2017.

An exuberant Chief Secretary said the hope and optimism that was palpable during the summit is being witnessed again.

She summed up her speech by saying that the state’s success lies in the success of industries.
Also present on the occasion, Sunil Burnwal, Secretary to the CM, said the state was progressing rapidly under the

leadership of CM Raghubar Das. He said Jamshedpur was chosen as the programme venue for being known globally for its industries and industry-friendly people.

He said 74 companies, foundations of whose projects were laid today, have ensured investment worth Rs 2100 crore and would offer employment opportunities to 10,000 people.

TV Narendran, MD,Tata Steel, was all praise for the progressive policies of the state government and bringing in huge investments for Jharkhand.

Sunil Bhaskaran, Chairman of Confederation of Indian Industries said, “We are happy over our association with the progressive state of Jharkhand which is well endowed to carry forward the dreams of Prime Minister Narendra Modi to accelerate the pace of development of eastern states.”

Bhaskaran praised the industrial policy of the state, single window system for project clearances and cooperative attitude of the government.

Pradipto Kumar Sahu, business head of Safal Industries, praised the clear vision of the government and its officials which has facilitated realisation of a large number of projects within six months of the Momentum Summit.

SK Behra, Director RSB Transmission, said that two and half years ago, businesses were shunning and deserting Jharkhand but thanks to the government which ushered in policies that changed the scene and now investors are flocking to Jharkhand. He however, pitched for incentives for expansion of existing old units and impetus to small industries.

Inder Kumar Agrawal, Chairman, AIADA, lauded 10-year license to industries in one go for creating investment friendly climate in the state.

The chairman of Ramkrishna Forging Limited, MP Jalan, said, “It is the right time for entrepreneurs to invest in the state. The easy clearance of projects is visible at the large number of projects prepared for groundbreaking.”

The chairman of Bhalotia Industries, Ashok Bhalotia, said, “The mood is upbeat in the State and we are really very excited.

We need another major automobile player in the Adityapur region as currently we are dependent only on Tata Motors for marketing of our products.”

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