Jharkhand

Textile, Apparel and Footwear

Jharkhand Government had announced the Textile and Apparel Policy, 2016 to strengthen the entire value-chain of the textile industry through capital infusion, technology transfer, skill up gradation and handholding.

Since the inception of policy in 2016, 11 units have started operations, more than 40 units have shown interest and still receiving an encouraging response.

Jharkhand is being developed as a textile hub. There has been phenomenal growth in Sericulture Sector and the state has the highest production of Tasar silk in India. Jharkhand primarily exports Tasar silk to the US, the UK, Germany, France, Turkey, Japan, Australia, Sweden and Switzerland. In addition to silk weaving, the State has taken adequate measures for the revival of cotton wool weaving.

Agro-Food Processing and Meat Processing Industries

More than 5,000,000 MT vegetables are produced in Jharkhand, which is about 6% of the total national production of vegetables, and 30%-35% of this production is surplus and available for export/ processing.

The output of meat has increased in the state from 62.48 thousand tonnes in 2019-20 to 67.25 thousand tonnes in 2020-21 indicating an annual growth of around 8 per cent. The production of meat has shown an upward trend in last nine years and accordingly state government is planning to promote.

Mining

Jharkhand is one of the richest mineral zones in the world and a leading industrial state in eastern India. The state has a share of roughly 40% in the total mineral resources of the country.

The state is one of the leading producers of coal, iron ore, copper ore, mica and cobalt. It also accounts for about 25% of total steel production in India. The state offers investment opportunities in the manufacturing of exploration equipment, mining exploration vehicles, processing and refining equipment, and transportation vehicles.

Automobile and Auto-Components

Tata Motors, one of India’s leading automobile companies, began manufacturing of commercial vehicles in the early 1950s at Jamshedpur.

More than 600 auto ancillary industries have been subsequently set up at Adityapur, Jamshedpur to cater to the needs of automobile companies. It has generated direct employment for more than twenty-five thousand individuals and several times of it as indirect employment.

The Government of Jharkhand intends to steer its policy to enable e-vehicle and spare part and ancillary unit manufacturing in the state and provide a robust institutional landscape to invite e-vehicle manufacturers to the state.

Pharmaceuticals

The state of Jharkhand has identified the Pharmaceutical sector as a Thrust Sector in its Industrial Policy. The market value of the Pharma Industry in the state has grown from Rs 896 Cr in FY15 to Rs 1248 Cr in FY17.

The state is contributing 5% of the market in East India and 1% of the overall Indian Pharmaceutical Market. Jharkhand has the key resources: infrastructure, natural resources, cost-competitiveness, a sound policy and regulatory environment, required to create a conducive eco-system for the manufacturing industry and to attract investments in this sector.

Tourism

Jharkhand state is endowed with rich cultural heritage and bestowed liberally with bounties of nature.

A fascinating State with luxuriant forest, captivating wildlife, enthralling waterfalls, exquisite handicrafts, sprawling water bodies, enchanting classical and folk dances and music and above all hospitable and peace-loving people.

The State Government actively encourages both-Indian and foreign private investment/ participation in tourism infrastructure projects. The Government is also be prepared to participate in joint ventures for such infrastructure development project

Electronics System Design and Manufacturing (ESDM)

A state-of-the-art Electronic Manufacturing Cluster (EMC) under the scheme of the Government of India related electronic park constructed in Adityapur

It is spread over on 82.49 acres of land. Out of total area 82.49 acres of land, 49 acres of land will be used by 51 units to produce electronic related products.

The government of Jharkhand introduced the “Jharkhand ESDM Policy 2016” to establish a selfreliant Electronics System Design and Manufacturing (ESDM) Industry that caters to domestic needs besides gaining a foothold in the international market. The policy features include the development of human resources, creation of local demand for electronic products, promotion of ESDM companies in the State, creation of ecosystem for innovation and promotion of R&D