Proving itself as a major emerging investment destination, Jharkhand has been ranked as the 10th highest receiver of Foreign Direct Investment proposals in the year 2015, in a ranking of top FDI earning states in India and China.
With dedicated efforts and steps taken by Chief Minister Raghubar Das-led state government to improve business environment, give impetus to industry and make the state more entrepreneur friendly, Jharkhand has been rising up the ranks of favoured business destinations in recent years.
The state, which was the 5th highest FDI attracter in India last year, has been featured in the joint Indo-China list with five Chinese states and four other Indian states. The release of recent data by the FDI Market shows that in the year 2015 Jharkhand received investment proposals worth $3.20 billion. The FDI proposals for Jharkhand were mainly directed at the mining and power sectors.
The list is led by Gujarat which received proposals worth $12.36 billion followed by Shanghai with $10.57 billion worth of FDI. This information was tweeted by Ambassador of India at the United Nations, Syed Akbaruddin.
Earlier, World Bank data ranked Jharkhand as 3rd in the country on ease of doing business. Recently, industries from Russia and Ukraine have evinced interest in investing in the coal sector of Jharkhand.
FlashNews:
IIFCL Launches Strategic Document to Support Green Infra
REC Reports Record Half-Yearly Profit of ₹74.48 Billion
RAHSTA to submit policy recommendations to NHAI
Roads & Highways Builders book RAHSTA Expo
Are Projects facing a 90 percent barrier?
RAHSTA Forum sets the stage for groundbreaking discussions in roads infra
NBCC sells office/commercial space worth Rs. 14,800 Crore approx
RAHSTA Forum to kick off road and highway expo journey
Infrastructure Experts to Debate Viksit Bharat at Infrastructure Today Conclave in Delhi
Land Pooling Sinks under Flip Flops!
Gods or Demi-Gods cannot prevent a stampede
RAHSTA to showcase cutting-edge road construction tech, says NCC Director
RAHSTA will drive road construction innovation: Sundaresan
Trimble MD champions digital solutions for industry growth at RAHSTA
Vipin Sondhi: Indian infra booms with road construction opportunities
RK Pandey promotes safe road development at RAHSTA launch
RAHSTA to pave the way for innovation in road construction: AK Singh, NHAI
Road construction leaders launch RAHSTA Expo 2024 in Delhi
Road construction industry launches RAHSTA Expo 2024 in Delhi
Home » Jharkhand 10th highest receiver of FDI
Jharkhand 10th highest receiver of FDI
Infrastructure Finance
June 1, 2016June 1, 2016
Leave a Reply
You must be logged in to post a comment.