Mumbai, September 20, 2016: The Government of Jharkhand held its seminal investment promotion roadshow in association with the Confederation of Indian Industry (CII) in the city, under the banner “Momentum Jharkhand Global Investors’ Summit 2017”. It was the campaign’s second rendezvous with Mumbai following the maiden meeting of the Jharkhand Investment Promotion Board in July this year. JIPB is a special body for planning and executing strategies to enhance Jharkhand's position as a global business centre.

In his opening remarks, Shri Ninad Karpe, CMD – Aptech Ltd commended the Government of Jharkhand for boosting the brand visibility of the State through a strong focus on cluster-centric approach for sustainable industrial diversification.

In her keynote address, Smt Rajbala Verma, Chief Secretary, Jharkhand said, “Given that Mumbai accounts for a large chunk of the country’s industrial output and national GDP, we have come here again to make Jharkhand more visible to the investors of this city.” Smt Verma highlighted some recent MoUs signed by the Government of Jharkhand in the recent past. “We have successfully matched investment opportunities with global industry trends – through focused and dynamic policies catering to a wide spectrum of sectors. These policies are indicative of the larger intent of business reforms,” she added.

Smt Verma stated that Jharkhand is about to launch a dedicated Start-up policy and a highly responsive e-mentoring system for start-up entrepreneurs, and that the Chief Minister recently supervised the inking of MoUs with 42 service providers in the area of skills development.

Shri Gaurav Taneja of the campaign’s knowledge partner Ernst & Young, said, “In the last 18 months, we have seen paradigm shifts in the state. Jharkhand is leading nationally in e-Governance, especially under Digital India’s e-services and digitization fronts. The rollout of the National Optic Fibre System to the remotest parts of Jharkhand is being accomplished at a very fast pace. Jharkhand’s forward-looking policies have now put the State on the international investor map. This leadership has actually brought a revolutionary attitudinal shift – from the role of a regulator to that of a facilitator. From multimodal infrastructure, housing, power generation, to higher education and skills development, the Government of Jharkhand has taken momentous steps that match global benchmarks.”

Industries Secretary Shri Sunil Kumar Barnwal persuasively presented the State’s diverse investment opportunities to the audience. “The Industrial and Investment Promotion Policy 2016 forms the basic framework of our mission to make Jharkhand the most business-friendly state in India. There are several investment-ready projects, information on which is publicly available through our publication, Shelf of Projects. The projects span across sectors such as smart city development, electronic manufacturing, BPO, food processing, industrial parks, healthcare and education, etc. We have succeeded in concurrently establishing thriving systems of single-window clearance, time-bound grievance redress, industry consultation mechanisms, and multi-pronged incentive schemes,” he added.