The aim is to attract an investment of up to ₹1,00,000 crore through the policy. Soren reportedly envisions establishing the state as one of the first and foremost investment destinations in India.
Jharkhand is one of the largest producers of tasar silk in India and the second largest producer of horticulture crops.
Other fields in which the state is hoping to attract investors are automobile, auto components, electric vehicles, food and meat processing, pharma, electronic system design and manufacturing, tourism, health, renewable energy, breweries and distilleries, start-up and incubation centres, education and technical institutes and other micro, small and medium enterprises, according to Indian media reports.
To attract investors, the state government has proposed many attractive incentive provisions. The proposed policy promises investors up to 100 per cent relief from state goods and services tax for up to nine years.
ALCHEMPro News Desk (DS)
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