Chief Minister Raghubar Das today said the Jharkhand Global Investors' summit was a success as 210 MoUs worth over Rs 3 lakh crore were signed during the two-day event.
Addressing the Valedictory Session of the Summit, Das said 210 MoUs worth more than 3.10 lakh crore were signed which would give employment to around three lakh people.
He said for 172 MoUs, work would begin within one year and completed within two years.
More From This Section
He said that the summit was very different as there was almost no discussion over mines and minerals.
Maximum investments were in agriculture, food processing, textiles and tourism, he said and added priority was given to medium and small industries.
Adani Group, led by Gautam Adani, is examining possibility to invest Rs 50,000 crore in coal to polymer complex and exploring 5 locations for this for which it is looking for coal linkage.
Some of the other large investment commitments include Rs 5,000 crore each from Aditya Birla Group and Vedanta Resources, while Jindal Steel and Power and Adani Group proposed investment of Rs 20,000 crore each.
Das said Mother Dairy booths would soon open in Jharkhand and its plant would be set up between Ranchi and Jamshedpur.
Das said a delegation from China had meet him and proposed Rs 1,200 crore investment.
In the summit MoU has also been inked in making footwear, he said.
The significant part was along with investments, provision for training people was also there, he said.
Das said work would begin in the textile sector within 2-3 months and people from Lohardaga, who are working outside the state, could return home.
Disclaimer: No Business Standard Journalist was involved in creation of this content