Best Business to Start in Jharkhand, India (Jamshedpur, Dhanbad, Ranchi, Bokaro Steel City, Deoghar, Phusro, Hazaribagh, Giridih, Ramgarh, Medininagar, Chirkunda, Madhupur)

Description:

Major Industrial Areas in Jharkhand

•Adityapur Industrial Area Development Authority (AIADA) Bokaro Industrial Area Development Authority (BIADA)

•Ranchi Industrial Area Development Authority (RIADA) 

•Santhal Paragna Industrial Area Development Authority (SPIADA)

Jharkhand is a state in eastern India, the city of Ranchi is its capital while the industrial city of Jamshedpur is the most populous city of the state. Jharkhand became the 1st in India to introduce free haircuts for poor students. It also has immense mineral resources like iron ore, coal, copper ore, mica, bauxite etc., large deposits of coal and iron ore support concentrations of industries. 

Forests and woodlands occupy more than 29 per cent of the state, making it one among the states with greater forest cover.

Jharkhand offers a wide range of fiscal and policy incentives to the industries, under the Industrial Policy, 2001. The state also has policies for IT and SEZ offering sector-specific incentives. 

Project Opportunities in Jharkhand:

Mining & Minerals

Jharkhand is one of the richest zones of minerals in the world. The 40% of the total minerals of the country are available in this state. The State is the sole producer of cooking coal, uranium and pyrite. It ranks first in the production of coal, mica, kyanite and copper in India. The geographical exploration and exploitation of gold, silver, base metals, decorative stones, precious stones, etc. are the potential areas of the future. Jharkhand is also endowed with other resources such as surface and ground water, land with immense bio-diversity, moderate climate, disciplined and skilled manpower, adequate availability of power, which are the basic essentials for the growth and development of industries.

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