Jharkhand - A Snapshot


Jharkhand is the 28th state of the Indian Union and was brought into existence by the Bihar reorganization Act on 15th Nov 2000. Jharkhand is famous for its rich mineral resources like Uranium, Mica, Bauxite, Granite, Gold, Silver, Graphite, Magnetite, Dolomite, Fireclay, Quartz, Feldspar, Coal (32% of India), Iron, Copper (25% of India) etc.

Jharkhand, which is home to many core industries has enormous potentialities for diversified industrialization, with its large deposits of minerals which is further supported by investor friendly Industrial Policy 2012. The Industrial Policy is aimed at enhancing value addition of the natural and human resources in efficient manner and considerable progress has been achieved during the last few years. As many as 26 mega industries, 106 large and medium industries and 18,109 micro and small industries have been set up in the State with an approximate investment of Rs 28,424.06 crore.

Jharkhand has taken considerable steps to ease the business approvals and execution processes with the use of information technology, fully functional single window system, progressively issuing specific notifications, enactment of acts/ policies, land availability, etc.

Jharkhand is presently producing about 20-25% of total steel being produced in the country. With the proposed expansion of a number of integrated steel plants, Jharkhand will be producing over 25 MT of steel and thus will turn to be a potential steel-hub of India. Recently, an MOU has been signed between the Steel Ministry and NMDC for establishment of 6 MT integrated Green Field Steel Plants. Even various types of auto grade steels, which were earlier being imported, are now being produced within the State. Similarly the production of alumina in the State has increased from about 80,000 metric tonnes to over 200,000 metric tonnes. The State has at present four Industrial Area Development Authorities with Head Quarters at Adityapur, Bokaro, Ranchi and Deoghar. Government is committed to provide international standard infrastructure and facilities in the industrial areas and estates managed by the Industrial Area Development Authorities.

Jharkhand Government is also keenly working towards skill development, improving exports, Mineral based products, Handicrafts, Handlooms, Agriculture and Processed Food products to ensure increased industrial development across the State. Jharkhand is leading and is wooing investors in mineral exploration, Plastics and Rubber, Chemicals, Electrical, Cement, Metallurgy and Automobile components, Equipmen's for Heavy Engineering companies etc.

Jharkhand has some important steel plants and mines, there is a distinct advantage with respect to freight in sourcing Cold Rolled sheets; auto grade steel plants are being set up. Jharkhand's automotive industry produces a wide range of products from simple nuts and bolts to complex items like shafts, radiators and axles supported by the Tata Motors as the anchor company.

Around 30% of Jharkhand's geographical area is covered with highly bio diversified forests, thus, giving opportunity for development of Minor forest produce based industries and herbal based industries. Also, Its agro-climatic condition is suitable for development of Agri-based and allied sector industries.

Government Organisations like Industrial Area Development Authorities {Ranchi Industrial Area Development Authority (RIADA), Adityapur Industrial Area Development Authority (AIADA) & Bokaro Industrial Area Development Authority (BIADA), Santhal Paragna Industrial Area Development Authority (SPIADA)}, State Khadi Board, Jharkhand Industrial Infrastructure Development Corporation (JIIDCO) and JHARCRAFT are making significant contribution in industrialization of the State and are cash surplus.

The Central Government's Eastern Dedicated Freight Corridor passes through the state and would connect Jharkhand with West Bengal, Bihar, Jharkhand, Uttar Pradesh, Delhi, Haryana, Punjab and Rajasthan and is expected to be immensely beneficial for industries in the state; it would immensely help in the transport of finished products to ports in Bay of Bengal in lesser amount of time thereby bringing down transportation cost

The Government acts as a facilitator and a catalyst by providing support infrastructure facilities like inland container depots, air cargo facilities, Knowledge Parks, Special Economic Zones, internet connectivity, etc. Also, Rail & Road Network expansion have been given a high priority. Some of the important projects undertaken by the government are:

Road Network Projects

Projects Completed

  • Ranchi - Patratu - Ramgadh (62 KM)
  • Ranchi Ring Road, Section III, IV, V, and VI (36.792 KM)
  • Chaibasa - Seraikella - Kandara - Chuka Road (68.7 KM)
  • Adityapur - Kandara Road (15.5 KM)
  • Hata - Swaspur- Musabani Road (45 KM) in East Singhbhum

Ongoing Projects

  • National Highway 33 - 333.5 KM (Barhi, Hazaribagh, Ranchi, Rargaon, Maholiya, Baharagora)
    • Barhi to Hazaribagh - 40.5 KM (Four lane)
    • Hazaribagh to Ranchi - 73.5 KM (Four lane)
    • Ranchi to Maholiya - 163.5 KM (Four Lane)
    • Maholiya to Baharagora - 71.5 KM (Four Lane)
  • National Highway 2 - 150 KM six Lane
  • National Highway 23 - Four by two Lane
  • National Highways 32 - Four by two Lane

Upcoming Projects

  • Ranchi - Bokaro - Dhanbad 6 lane Expressway
  • Industrial Corridor connecting Ranchi, Dhanbad and Jamshedpur forming a 6 lane Golden Triangle

Railway Network Projects

Ongoing Projects

  • Deoghar-Dumka - Rampurhat Project (124 KM)
  • Koderma - Ranchi Project (200 KM)
  • Koderma - Giridih Project (100 KM)
  • Ranchi - Lohardaga Project (113 KM)
  • Koderma - Tilaya Project (14 KM)
  • Hansdiha-godda Project (32.46 KM)

Upcoming Projects

  • Memorandum of Understanding (MoU) has been signed between ministry of coal, railway ministry and Jharkhand government on 4 May 2015 for special purpose vehicle (SPV) to implement 'Coal Connectivity' projects

    Jharkhand is progressing fast on adopting best practices for making an investor friendly environment in the state to facilitate investments, employment generation and welfare of the people. Measures like, single window clearance, online payments, online verification, third party certifications, self- certification, time bound approvals, availability of information online, standard operating procedures for approvals, deemed approvals, etc. are being adopted by various departments and government agencies.