Jharkhand Chief Minister Hemant Soren on Wednesday emphasized the importance of strong inter-state relations, coordination, and partnerships in building a robust and developed nation. Speaking at the 8th edition of the Bengal Global Business Summit 2025 at the Biswa Bangla Convention Centre, Kolkata, he highlighted how global business summits play a pivotal role in fostering trade relationships between states and nations.
These events open doors for new investments, technology transfers, and economic growth, he said.
Jharkhand Offers Immense Investment Opportunities
CM Soren welcomed entrepreneurs and investors at the summit, stating that this event provides an opportunity to connect with business leaders and industry experts from India and abroad. He extended an open invitation to investors to explore the potential of Jharkhand and contribute to its rapid economic development.
Highlighting Jharkhand’s strategic significance, CM Soren noted that the state possesses nearly 40 percent of India’s mineral resources and is the largest producer of raw materials crucial for industries. The state has long been a hub for mineral-based industries, attracting major industrial houses. However, he emphasized the need for new investments and industries to further accelerate Jharkhand’s economic progress.
Beyond Minerals: Exploring New Sectors
Beyond mineral-based industries, Jharkhand offers vast opportunities in art, culture, tourism, and textiles. The state is India’s largest producer of tussar silk, making it a prime location for textile investments.
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Additionally, Jharkhand’s natural beauty and rich cultural heritage position it as a top destination for tourism investments. CM Soren assured investors that the government will provide full support and assistance for businesses setting up in Jharkhand.
Jharkhand and West Bengal: Shared Growth and Development
CM Soren also highlighted the close ties between Jharkhand and West Bengal, stating that both states share several economic and cultural activities. He pointed out that their parallel development efforts make it difficult to distinguish between initiatives from either state. The growing collaboration between Jharkhand and West Bengal is opening new pathways for regional development and economic progress.
