Jharkhand targets top investment destination status at national consultation
THE JHARKHAND STORY NETWORK New Delhi/Ranchi, July 10: Jharkhand showcased its vision to emerge as one of India’s leading industrial investment destinations…
THE JHARKHAND STORY NETWORK
New Delhi/Ranchi, July 10: Jharkhand showcased its vision to emerge as one of India’s leading industrial investment destinations during the second day of the two-day National Stakeholders’ Consultation 2026 held at Hotel Taj Palace in New Delhi on Friday.
The session on Industrial Promotion and Investment brought together policymakers, industry leaders, investors and development partners to deliberate on strategies for strengthening the state’s industrial ecosystem and accelerating economic growth.
Focus on investment and industrial growth
The session was chaired by Industries, Labour, Employment, Training and Skill Development Minister Sanjay Prasad Yadav, who highlighted the state’s commitment to creating an investor-friendly ecosystem backed by progressive policies, skilled manpower and world-class infrastructure.
Participants discussed measures to improve ease of doing business, attract private investment, strengthen industrial infrastructure, promote sector-specific opportunities and develop a future-ready workforce. The deliberations also focused on public-private partnerships, sustainable industrialisation and leveraging Jharkhand’s natural resources and strategic location to drive long-term economic growth.
Minister stresses employment generation
Addressing the consultation, Sanjay Prasad Yadav said the government’s vision is to create employment opportunities within Jharkhand so that people do not have to migrate in search of jobs.
“Through these two sectors, our vision—and that of the Hon’ble Chief Minister—is to create opportunities within Jharkhand so that our people do not have to leave the state in search of employment and livelihood,” he said.
Referring to the state’s tourism potential, the minister said several states had made remarkable progress in the sector, while Jharkhand had lagged behind.
“The Hon’ble Chief Minister is working with a clear vision to unlock the state’s immense potential and create new opportunities through tourism and industrial development,” he said.
Emphasising collaboration between the government and industry, Yadav added, “Industry needs the State, and the State needs industry. Sustainable development can only be achieved through a strong partnership between the government and industry, leading to investment, employment generation and inclusive economic growth.”
Industry leaders share recommendations
The panel highlighted Jharkhand’s potential in mining, manufacturing, steel, food processing, logistics and emerging industries while stressing the need for policy stability, innovation, technology adoption and faster project implementation.
The discussion was moderated by Arava Rajkamal, Secretary, Department of Industries, Mines and Geology, Government of Jharkhand.
The panel comprised V. K. Sharma, Vice Chairman, Jindal Group; Siddharth Rungta, Chairman, Rungta Group; Nivruti Rai, Managing Director, Invest India; Sundar Raman, Vice President, Tata Steel; and Devyani Khankhoje, President (Corporate Affairs), Varun Beverages Ltd.
The consultation concluded with a commitment from the government and industry stakeholders to work together to transform Jharkhand into a globally competitive industrial hub.
Among those present were Ministers Deepika Pandey, Sanjay Prasad Yadav, Sudivya Kumar, Irfan Ansari and Shilpi Neha Tirkey.
