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Jharkhand eyes major industrial growth as stakeholders pitch investment roadmap

by Sonam Kumari
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Ranchi, July 10: The Jharkhand government on Friday reaffirmed its commitment to accelerating industrial growth and attracting investments during the second day of the National Stakeholders’ Consultation 2026 held at Hotel Taj Palace in New Delhi.

The session, themed “Industrial Promotion and Investment,” brought together policymakers, industry leaders, investors and development partners to deliberate on strategies for positioning Jharkhand as a preferred destination for industrial investment.

Chairing the discussion, Industries, Labour, Employment, Training and Skill Development Minister Sanjay Prasad Yadav said the state government is working to build a business-friendly ecosystem supported by progressive policies, skilled manpower and modern infrastructure.

He said the government’s objective is to generate employment opportunities within the state so that people do not have to migrate in search of livelihoods.

The consultation focused on improving the ease of doing business, strengthening industrial infrastructure, attracting private investment and promoting sector-specific growth in mining, manufacturing, steel, food processing, logistics and emerging industries.

Participants also highlighted the importance of public-private partnerships, sustainable industrialisation, technology adoption and faster project execution.

Industry representatives noted that Jharkhand’s abundant natural resources, strategic location and expanding industrial base provide strong potential for long-term economic growth.

They stressed the need for policy consistency, innovation and efficient implementation of projects to enhance the state’s competitiveness.

Addressing the gathering, Yadav said the government, under the leadership of Chief Minister Hemant Soren, is committed to unlocking opportunities in both industry and tourism.

He observed that stronger collaboration between the government and industry would help attract investments, create jobs and promote inclusive economic development across the state.

The session was moderated by Arava Rajkamal, Secretary, Department of Industries, Mines and Geology, Government of Jharkhand.

The panel included V. K. Sharma, Vice Chairman of Jindal Group; Siddharth Rungta, Chairman of Rungta Group; Nivruti Rai, Managing Director of Invest India; Sundar Raman, Vice President of Tata Steel; and Devyani Khankhoje, President (Corporate Affairs) of Varun Beverages Ltd.

The consultation concluded with a joint commitment from the government and industry stakeholders to work together to strengthen Jharkhand’s industrial ecosystem and support the state’s long-term development strategy.

Ministers Deepika Pandey, Sanjay Prasad Yadav, Sudivya Kumar, Irfan Ansari and Shilpi Neha Tirkey were also present during the consultation.

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