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Steel sector leads with half of Jharkhand's Rs 26,000 crore investment proposals

Infrastructure  -  Feb 10,2025  - 

About 50 per cent of the Rs 26,000 crore investment proposals received by Jharkhand government during the Bengal Global Business Summit (BGBS) in Kolkata pertain to the steel sector, an official said.    

Jharkhand Chief Minister Hemant Soren, along with his wife and MLA Kalpana, attended the eighth edition of the BGBS at the invitation of his West Bengal counterpart Mamata Banerjee.    

"The Jharkhand government received investment proposals to the tune of Rs 26,000 crore, having the potential of generating 15,000 jobs, during 'Advantage Jharkhand' programme held as part of the BGBS. Of these proposals, about half pertain to the steel sector," officials said.    

These include various proposals by groups like Supreme Metals Export Private Ltd and Voltox Rail Pvt Ltd which have evinced interest in Rs 3,000 crore and Rs 4,000 crore projects in the state, the official added.

Company : Supreme Metals Export

Voltox Rail