New Delhi: Jharkhand CM Hemant Soren held talks with industrialists in New Delhi in a bid to attract investments to the state and boost industrial development. CM Soren having met the top leadership from the biggest corporate houses, invited them to invest in opportunities that are emerging Jharkhand. The Government of Jharkhand organised an 'Investors Meet' at Hotel Taj in the national capital as a part of the Jharkhand Industrial Investment Promotion Policy 2021.
Speaking on the occasion, Jharkhand CM Soren said, "I sincerely hope that the new industrial policy of Jharkhand will help in generating employment for the skilled human resource of Jharkhand. He said that Jharkhand is a state endowed with immense possibilities and talented human resources. A large part of the population here belongs to Scheduled Castes and Scheduled Tribes. If entrepreneurial partners make provision in employment for these communities, then the government will also include other incentives in the policy."
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In the meeting, Jharkhand's Industrial Department Secretary Pooja Singhal told investors about the incentives and provisions being proposed under the new Electric Vehicle Policy. She said that the government is going to provide 100 per cent exemption in stamp duty and registration fees to the companies. Also, companies who invest in the electric sector within the first 2 years after the launch of EV policy, will be provided land by Jharkhand Industrial Area Development Authority (JIADA) at a 50% grant, she added. Apart from a 100% incentive on GST for 7 years for MSMEs, there is also a provision to provide an exemption for 9 and 13 years for large and large scale industries, the official further said, adding that 100% exemption from vehicle registration fee and 100% exemption from road tax will also be considered.
The Chief Minister interacted with the top leadership of Tata Group, Hyundai Motors, Honda, Maruti Suzuki, Dalmia Cement, NTPC and Vedanta. Discussions were also held for investment in the fields of steel, automobiles, E-vehicles, cement, power, oil and gas. During the meeting, it is learnt that the Dalmia Cement Group has agreed to invest 500 crores in Jharkhand.
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Chanakya Chaudhary, Vice President of Corporate Services, Tata Steel, Jamshedpur, speaking to the media said, "All our projects, plants are running well in Jharkhand. We are benefiting from the policies of the government. The new industrial policy will also prove beneficial for us. Every issue has been discussed in detail in today's meeting and we are satisfied."
CM Hemant Soren will also present the industrial policy of Jharkhand and a target has been set to rope in investments to the tune of 1 lakh crore in the state.
