THE JHARKHAND STORY NETWORK
Ranchi, Feb 5: Chief Minister Hemant Soren emphasized the rapid advancements in technology and the need for strong inter-state coordination to drive national development. He highlighted that business summits like the Bengal Global Business Summit play a crucial role in fostering economic relationships, attracting investment, and introducing new technologies that create new growth opportunities.
Speaking at the inaugural ceremony of the eighth edition of the Bengal Global Business Summit 2025 at the Biswa Bangla Convention Centre in Kolkata, CM Soren acknowledged the presence of distinguished dignitaries, entrepreneurs, and investors from across India and abroad. The summit is chaired by West Bengal Chief Minister Mamata Banerjee.
Welcoming Entrepreneurs and Investors to Jharkhand
Expressing his enthusiasm about engaging with industry leaders and investors, CM Soren stated that such interactions provide valuable insights for Jharkhand’s development. He extended an open invitation to entrepreneurs and investors, urging them to explore business opportunities in the state.
“Your investment will drive Jharkhand’s progress, and the government is committed to providing full support,” he assured.
Jharkhand’s Strategic Importance in Industry and Minerals
Jharkhand holds nearly 40% of India’s mineral resources, making it a vital contributor to the country’s industrial sector. The state is the largest producer of raw materials essential for various industries. Over the years, numerous mineral-based industries have been established, attracting significant investment from major industrial houses.
However, CM Soren stressed the need for new initiatives to attract further investments and establish more industries to ensure sustained economic growth.
Diverse Investment Opportunities
While Jharkhand is widely recognized for its mineral wealth, CM Soren highlighted immense opportunities in other key sectors, including:
- Textiles: Jharkhand is India’s largest producer of tasar silk, making it an ideal hub for the textile industry.
- Art & Culture: With its rich cultural heritage, the state offers significant investment potential in handicrafts and traditional arts.
- Tourism: Known for its breathtaking landscapes and natural beauty, Jharkhand has the potential to become a major tourist destination.
He encouraged investors to explore these sectors, assuring them of full government support.
Jharkhand and West Bengal: A Shared Path to Development
CM Soren emphasized the close economic ties between Jharkhand and West Bengal, noting that both states share several economic activities. This mutual progress, he said, is paving the way for overall development.
“It is often difficult to distinguish whether an initiative belongs to Jharkhand or Bengal because both states are advancing together in many sectors,” he remarked.
He concluded that such partnerships will continue to open new avenues for development in both states.
