Global Investors Summit Held

Two-day Global Investors Summit – branded as “Momentum Jharkhand ” was held at the Khelgaon venue in Ranchi.

209 MoU were signed between different companies during the summit. Due to these MoUs, investment worth three lakhs, 39 thousands and 87 crores rupees will come in the state.

Due to investment by signing of MoUs, direct job for two lakhs nine thousands and 176 people will be created, while indirectly about four lakhs (392150) employment opportunities will be created.

The maximum number of MoU, out of total 209, was signed in mining sector -which is 121. Next was in the IT and e-governance, with 30 MoU while Urban development and housing was at third with 17 MoU.

Jharkhand ranks first in national coal reserves, labour reforms and inspection compliances, Tasar Silk and Lac production, second in iron ore reserves, production in peas and potatoes, third in mineral production, copper ore reserves, fifth in foreign direct investment (FDI) destination in India, and seventh in ease of doing business.