Latest update: July, 2019
Jharkhand is rich in mineral resources such as coal (27.3 per cent of India’s reserves), iron ore (26 per cent of India’s reserves), copper ore (18.5 per cent of India’s reserves), uranium, mica, bauxite, granite, limestone, silver, graphite, magnetite and dolomite. Since Jharkhand has around 40 per cent of the country's mineral wealth, its extensive mineral resources make mining, metals and related sectors especially lucrative for investments. Jharkhand is the only state in India to produce coking coal, uranium and pyrite. The state is also a leading producer of coal, mica, kyanite and copper. Jharkhand is the largest producer of tussar silk (a non-mulberry silk) in India.
Jharkhand has coal resource of about 82,439.52 MT. Jharkhand accounts for 20-25 per cent of the total steel produced in the country. During 2017-18, 1,191 thousand tonnes of limestone was produced at a total value stood at US$ 7.16 million in Jharkhand. Limestone production and value stood at 465 thousand tonnes and US$ 2.28 million (as of April-July 2019).
According to the Department of Industrial Policy & Promotion (DIPP), the cumulative FDI inflow in Jharkhand including Bihar from April 2000 to December 2018 is US$ 113 million. During 2018-19**, exports from the state stood at US$ 891.72 million.
The following are some of the major initiatives taken by the government to promote Jharkhand as an investment destination:
Note: ** - as of April 2019
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