Jharkhand CM invites investment in mining sector

6 November 2017

Jharkhand Chief Minister Raghubar Das today urged industrial houses to explore opportunities to invest in the mineral-rich state.

He was addressing the maiden Jharkhand Mining Show 2017.

“I invite the new players and existing business houses to explore opportunities offered by the state,” he told a large assembly of industry members, including CMDs and CEOs, at the inaugural session of the meet, as per a statement by the state government.

The Mining & Mineral Show 2017 aims to promote the state in the national and international mining space and to deliberate on the growing prospects of the mining sector of Jharkhand.

“The mineral reserve of the state provides excellent opportunity for the state to surge ahead and be on the drivers seat for countrys growth. My government is proactive in marketing outreach to attract foreign players. My visits to China, Czech Republic and especially Japan have been fruitful,” the chief minister said.

He said abundance of minerals has made the state home to various mineral based industries that includes Tata Group, Aditya Birla Group, JSPL, Usha Martin, ACC, Lafarge and large PSUs like Hindustan Copper, Uranium Corporation.

Union Minister for Railways and Coal, Piyush Goyal said in his view Jharkhand will decide what will be the look of the country in the years to come.

“Over the next five years we intend investing Rs 20,000 crores across projects, establishing a strong social responsibility programme, and helping generate 10,000 direct and indirect jobs. We look forward to your support,” Adani Group MD Rajesh Adani said in the statement.

Chief Secretary, Jharkhand, Rajbala Verma, said Jharkhand is on fast track for revamping the mineral and mining sector on basis of requirement specified by the industries operating in the sector.

Source: BS