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:
MGL and Fourth Partner Energy Ink MoU for Clean Energy Push
IGIA Deploys SKYCAST, India’s First Next‑Gen All‑Weather Station to Boost Aviation Safety
REC Signs MoU with ERDA to Strengthen Quality Assurance under RDSS
SEIL Energy India Hosts South India’s First C&I Conference
AM/NS India Sets Global Benchmark with Ultra‑High Strength Welded Pipes
CleanMax Raises $575 Million for 1 GW Renewable Push in Rajasthan and Karnataka
ADR Adopted at BRICS Meet, Meghwal Pedals for Sustainability
The New Power Corridor
Mumbai’s Rooftop Solar Revolution: Tata Power Consumers Slash Bills by 50%
GAIL Posts ₹69.68 Billion Profit for FY2025-26 Amid Global Headwinds
RRP Defense Secures ₹298 Million BEL Order for Germanium Lenses
Noida International Airport: India’s New Visiting Card
India, Korea Ink Landmark MoU for Thoothukudi Mega Greenfield Shipyard
Air India Slashes 29 International Routes Amid ATF Price Surge
WABAG, PEAK Partner on Ghaziabad Bio-CNG Plant to Boost Energy Security
DFCCIL, ICFAI Forge Partnership to Drive Innovation in Logistics
S&P Urges Breaking Barriers as India Growth Outlook Moderates
Bhutan, World Bank Seal $515 Million Pact for Dorjilung Hydropower
REC Posts Record ₹162.8 Billion Profit, Declares Highest Dividend
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.