Jharkhand government has signed 40 MoUs worth Rs 5,000 crore in textile, health, IT and skill development.
These investments are expected to create 20,000 jobs in three years.
The government signed MoUs with Siemens which will invest Rs 1,200 crore over the next 18 months for the establishment of three centres of excellence, while Tech Mahindra has evinced interest for the same in the IT sector.
In addition, the government has already signed MoUs with Cisco, Oracle and PTC from the US for skill development exclusively for the physically handicapped.
MoUs were signed for setting up a 500-bed hospital, and medical and nursing colleges with an investment of Rs 1,000 crore.
The government proposes to train two million people under its ambitious skill development project in next five years.