Jharkhand chief minister Raghubar Das is leaving no stone unturned in reaching out to Mumbai-based investors. For the second day of the road show in Mumbai, investors lined-up to meet the CM before he left the city. In a closed door meeting with the investors the CM and his team signed about 8 MoUs worth over Rs 5,000 crore.
Talking to The Free Press Journal, Das said, “Bombay being a financial capital, I have higher expectation from Maharashtra as a whole. We saw lot of excitement among the investors. We are optimistic and we have seen excitement around IT, industries and mining.” During the road show, the Jharkhand government has signed MoUs with Orient Craft, MNR Education Trust, Tata Steel, Tech Mahindra, Desun Hospital & Heart Research Institute, Fuel, Vakarangee and Bokaro Sewa Trust in association with Rama University Kanpur, in textile; education; mining and metallurgy; IT-ITeS; healthcare and medical education; skills development; e-Governance; healthcare and medical education sector respectively. Orient Craft, MNR Education Trust and Bokaro Sewa Trust in association with Rama University Kanpur are expected to invest Rs 1,500 crore; Rs 350 crore; and Rs 100 crore respectively, as per the MoUs. JSW Group is already investing Rs 35,000 crore through steel plant of 10 MTPA.
Das also mentioned about their plans to promote tourism by setting-up centres to support film tourism. Actor Anupam Kher, head of the Technical Advisory Committee (TAC) who would review proposals for film-making in the state, met the CM in Mumbai. The CM is confident that its “tourism policy is the best policy in place.” In terms of tourism, the state has witnessed CAGR of 8 per cent in domestic tourism and 9 per cent growth in foreign tourism arrivals.
Jharkhand Urban Development and Housing Minister C P Singh said, “Jharkhand is such a space where there is lot of greenery. The film industry today needs such scenery beauty and those locations are there in Jharkhand where the industry can shoot.” Singh further added, “We will provide opportunities to the film industry but the investment will come from the industry itself.” Apart from film industry, Singh is looking at investment from textiles, IT, healthcare and so on. “Ashok Leyland had met us today they want to enter the state.” On the second day, the government has already connected with companies like Rosatom for hydel power plant; Deccan Group for regional air connectivity; PLG Clean Energy Projects for renewable energy; EV Motors for automobiles; Enaar Capital for road infrastructure; Mahindra Holidays for setting-up resorts; Hyatt Group to set-up hotels; Lafargeto set-up industrial unit in Barhi; Hinduja Group for commercial vehicles and RPG Group for tyre manufacturing.
Mumbai was the last leg of their road show in the country. Now, the government plans to extend it to East Asia – primarily China, Japan and Korea. The government plans to promote ‘Momentum Jharkhand Global Investors’ Summit, scheduled for February 16-17, 2017 in state capital Ranchi, through various outdoor and other forms of promotion to attract more and more investors.
