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Department of Industry

Government of Jharkhand

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Home » VALUE ADDITION
WHY INVESTMENT IN JHARKHAND
  • Jharkhand CSR Council
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  • District-wise Skill Mapping in Jharkhand
  • Revised Venture Capital Scheme for Agricultural Business Development (2012-2017)
  • Availability of Minerals
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  • Numerous Supporting SSIs
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  • An Existing Industrial Base
INCENTIVES TO ENCOURAGE INVESTMENT IN JHARKHAD
  • Numerous incentives for promoting industrialization are being provided as laid out in the Industrial Policy.
  • Special packages for new projects with investment more than Rs.50 crores.
  • Encouragement to Foreign investments and technological collaborations by OCBs and NRIs in selected sectors
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INDUSTRIAL POLICY 2001
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VALUE ADDITION

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JHARKHAND INDUSTRIAL POLICY 2012

19.       VALUE ADDITION

19.1    The State of Jharkhand is blessed with huge natural resources such as minerals, forests, horticulture, water resources etc. Value addition to these resources will enable the State to develop fast.

The State can be roughly divided in 8 major zones based on raw material deposits and industrialization.

 

Palamau – Garhwa

:

Deposits of Iron Ore, Dolomite, Coal, Graphite, China Clay and granite.

Lohardaga Industrial Area / Latehar

:

Aluminium Industries based on bauxite reserves, Power Plants.

Koderma– Hazaribagh Industrial Area

:

Mica based Industries, Power, Cement, Glass, Alloy Steels, Telecom and Refractory, Power Plants.

Ranchi Industrial Area

:

Medium and Large Scale Industries, IT-ITES, Food Processing.

Dhanbad-Bokaro Industrial Area

:

Coal and Steel, Refractories, Coal based Power Plants.

Singhbhum Industrial Area (Jamshedpur & Adityapur) and Singhbhum, Kolhan Division

:

Iron and Steel, Auto Component, Cement, Uranium, Copper and Gold Mining, IT-ITES, Forest Produce based, Horticultural Food Processing, Silk and Textile.

Ghatsila Industrial Area

:

Copper and Forest based Industries.

Deoghar-Jasidih & Santhal Pargana

:

Oil Mills, Glass, Steel, Aromatic-Medicinal Plant, Medicine, Coal based power plants, silk-textile industries.

                        Efforts will be made to add value to the above mentioned resources of the State located in various industrial areas and fully exploit the potential of respective areas so that the spread of industries and economic activities take place uniformly throughout the State without any regional imbalance.

19.2    Large amount of iron ore fines / dust from captive and other operating mine has been accumulated over the years. This may increase further in course of time with the economic activities picking up in the area. State Government will promote pelletisation of these fines for further value addition within the State. Department of Mines will facilitate linkage of these fines with pelletisation units.

19.3    (a)  In order to promote better environment, management practices and clean technology. State Government will promote setting up of cement plant near integrated steel plant and power plant or using slag and fly ash.

            (b)  Mega steel and power units may take initiative to promote use of these materials by providing long term assured contract for supply to cement and brick unit.

            (c)  MSME may use fly ash for making fly ash bricks.

19.4    Industries will be encouraged to secure better waste management through innovative technology for pollution prevention and abatement.

19.5    Enhancement of revenue through carbon credit mechanism is proposed to be encouraged. A nodal agency will be identified for promotion of carbon credit trading that will provide technical, financial and institutional support to interested companies.

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Last Updated : 23-05-2022