The Government of Jharkhand has launched its maiden investment promotion campaign branded ‘Momentum Jharkhand’. Meant to promote a ‘Digital Jharkhand’, the event opened with the unveiling of the brand logo and launch of the campaign website momentumjharkhand.com.

Addressing delegates, Chief Minister of Jharkhand Raghubar Das, who also holds the Industry Ministry said, “Jharkhand is the most investment-ready state with crystal-clear vision and a robust roadmap. We rank among the best in terms of business reforms and have instituted best practices to fast-forward investments, based on DIPP (Department of Industrial Policy & Promotion) guidelines.”

The Government of Jharkhand signed memoranda of understanding with cement major ACC Limited and technology multinational Hewlett Packard Enterprise (HP).

The MoU with ACC enables the capacity expansion of its Sindri Plant from 1.35 MMTPA to 2.5 MMTPA. Two MoUs were signed with the Hewlett Packard Enterprise. One is in the area of step down primary healthcare, which focuses on healthcare delivery and education through the cloud based e-HC system. This is being evolved to respond to the issues of last mile healthcare delivery and education to underserved areas. The other MoU is intended to provide virtual classrooms to enhance the reach of education efforts through ICT augmented technologies.

“With 40% of India’s mineral reserves, Jharkhand will fuel the ‘Make in India’ mission. Nonetheless, several developmental challenges remain. But these offer tremendous opportunities for investors, who can be pivotal partners in progress. Aiming to become a developed state by 2020, we will strive to skill two million youth within this timeframe”, Das said.

Tata Steel had invested more than Rs 20,000 crore in the last five years in the state while steadily diversifying its investments both upstream and downstream.