Jharkhand To Launch Industrial Policy On Friday, Aims At Rs 1 Lakh Crore Investment

The Jharkhand Industrial and Investment Promotion Policy (JIIPP) will be unveiled at an investors' meet in New Delhi, an official said.

Jharkhand Chief Minister Hemant Soren will on Friday launch an industrial policy that aims at attracting up to Rs 1 lakh core of investment, as the government is looking to establish the state as a hub of electronics system design and manufacturing. The Jharkhand Industrial and Investment Promotion Policy (JIIPP) will be unveiled at an investors' meet in New Delhi, an official said. With the launch of JIIPP 2021, the state government will promote business opportunities in the fields of textile and apparel, automobile, electric vehicles, food processing, pharma, electronic system design and manufacturing, tourism, health, IT & ITeS, renewable energy, breweries and distilleries, startup and incubation centres, education and MSME sectors, he said. "To establish the state as a hub of electronics system design and manufacturing, a cluster has been set up near Jamshedpur," the official said.