To provide low cost consultancy services to entrepreneurs, the State envisages setting up of a Technical Consultacy Organisation with the assistance of IDBI, IFCI, ICICI, SIDBI, State level financial institutions and Commercial banks. This organisation shall be known as Jharkhand Technical Consultancy Organisation(JTCO).

The organisation shall also act as a catalyst to promote indutrial culture in the State by motivating the local entrepreneurs for setting up of their own industrial venture under various schemes. It will also act as a nodal agency to attract big industrial houses and NRI investment for boosting industrial activities in the State.

Promotional institutions would be geared up to have an updated industrial data bank and undertaking project identification on a continous basis so that shelf of projects with latest information and data is available to entrepreneurs. In this process private consultancy organisations in the State will also be involved.