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India's Jharkhand approves Industrial & Investment Promotion Policy

07 Jul '21
1 min read
Pic: Shutterstock
Pic: Shutterstock

India’s mineral-rich Jharkhand state government recently approved the new Industrial and Investment Policy 2021 to attract fresh investments in the state, according to state chief minister Hemant Soren, who said the approval came at a meeting of the state cabinet chaired by him. The policy entails subsidy, incentives and land for investors.

"Cabinet has approved a new industrial policy to attract investments in the state in a better manner," a news agency quoted Soren as saying after the meeting.

In March this year, promoting Jharkhand as one of the most attractive investment destinations, the state government had urged industry players to come forward to invest.

Fibre2Fashion News Desk (DS)

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