Home India Jharkhand secures ₹99,639 crore investment commitments through 14 MoUs

Jharkhand secures ₹99,639 crore investment commitments through 14 MoUs

by Vishal Kumar
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Ranchi, July 9: Jharkhand took a major step towards boosting industrial development, digital transformation and tourism by signing 14 Memoranda of Understanding (MoUs) worth a proposed ₹99,639 crore during the valedictory session of the National Stakeholders’ Consultation on Thursday.

The investment commitments were led by Jindal Steel Ltd., which proposed an investment of ₹40,000 crore, and Jindal Nuclear Power Pvt. Ltd., which committed ₹30,000 crore.

The state government said the agreements reflect growing investor confidence in Jharkhand’s industrial potential and long-term growth prospects.

In the technology sector, the government entered into strategic partnerships with Google Cloud and the Wadhwani Group to strengthen digital infrastructure and expand e-governance initiatives.

Officials said the collaborations would help improve public service delivery and support the state’s digital transformation agenda.

To promote tourism, the government signed an MoU with Tata Motors for the development and promotion of mining tourism, while EaseMyTrip Planners partnered with the state to enhance tourism promotion and visitor outreach.

The agreements were signed in the presence of Chief Minister Hemant Soren, who has been leading the state’s efforts to attract investments and position Jharkhand as a destination for industry, technology and sustainable tourism.

Ministers Deepika Pandey Singh, Sanjay Prasad Yadav, Sudivya Kumar and Irfan Ansari were also present at the ceremony.

Senior officials, including Chief Secretary Avinash Kumar and Development Commissioner Ajay Kumar Singh, attended the event.

The MoUs were signed by IT Secretary Pooja Singhal, Industries Secretary Arava Rajkamal, Tourism Secretary Mukesh Kumar, and representatives of the participating companies.

The agreements conclude a series of consultations aimed at attracting investments, strengthening governance through technology and creating new opportunities for economic growth in Jharkhand.

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