18.2.17

More about Momentum Jharkhand

The Jharkhand government has signed 210 MoUs worth over Rs.3 lakh crore that will generate employment for about six lakh people in the state. Conceptualised on the lines of Vibrant Gujarat, the two-day global investor summit saw the biggest commitment from Adani Enterprises of about Rs.50,000 crore in fertilisers, power, solar panel manufacturing and methanol. Christened Momentum Jharkhand, MoUs at the event ranged across industries -from textile, apparels, footwear, food processing, IT & ITES to agriculture, mines and minerals, energy ,urban infrastructure and automobiles.

Jharkhand CM Raghubar Das's confidence stemmed from the assurances his plans received from the Central government, including finance minister Arun Jaitley . In total, 12 Central ministers participated during the summit.

Top leaders from India Inc, including Ratan Tata, Kumar Mangalam Birla of Aditya Birla group, Shashi Ruia of Essar Group and Anil Agarwal of Vedanta Group also attended the summit. Each of these business groups has already invested substantial amount of money in the state and are planning to put in more money.

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