In an effort to position Jharkhand as a competitive investment destination, the Federation of Jharkhand Chamber of Commerce and Industries has written to more than 30 foreign embassies in India, inviting them to explore business and long term trade partnerships with the state.
The outreach covers embassies of countries including Australia, Austria, Azerbaijan, Bahrain, Bangladesh, Belarus, Belgium, Brazil, Canada, Chile, China, the Czech Republic, France, Germany, Indonesia, Israel, Italy, Japan, Jordan, Kazakhstan, Madagascar, Malaysia, Nepal, the Netherlands, New Zealand, the Philippines, Russia and Singapore.
In the communication, Chamber president Aditya Malhotra highlighted Jharkhand’s resource base, describing the state as one of India’s most mineral rich regions, with nearly 40 percent of the country’s mineral reserves. He underlined opportunities in metals and mining, green energy and critical minerals, automobile components and engineering, food and feed processing, skill development and education.
The Chamber also drew attention to the Jharkhand government’s investor friendly policy framework, particularly the Jharkhand Industrial Investment Promotion Policy, which it said provides a conducive environment for domestic and foreign investors. Diplomatic representatives have been formally invited to visit the Chamber’s headquarters in Ranchi for direct interaction with local industry and business stakeholders.
Chamber secretary general Rohit Agrawal said a high level business delegation from Jharkhand is also prepared to undertake trade visits to interested countries at an appropriate time. He added that the initiative aims to strengthen Jharkhand’s integration with global markets and establish the state as a credible and reliable investment partner.