Jharkhand has a natural advantage in some sectors like Mining, Mineral based industries, steel, coal- based thermal power plants, coal to poly-generation industry, food processing, automobile and auto component, textiles and handicrafts, etc. However, the full potential of the state is yet to be exploited, especially for employment generation and improving the living standards of the people. Some of the thrust areas under the new policy are identified below:
High Priority Sectors
AUTOMOBILE, AUTO COMPONENTS AND ELECTRIC VEHICLES
TEXTILE AND APPARELS
AGRO-FOOD PROCESSING AND MEAT PROCESSING INDUSTRIES
PLASTIC INDUSTRIES
ELECTRONICS SYSTEM DESIGN AND MANUFACTURING (ESDM)
Jharkhand has been in the forefront when it comes to the development of the Industrial Ecosystem in the recent past. The Ecosystem Development focusses on promoting inward investments into the state, getting ready for New Age and Sustained Technologies, by ensuring efficient Infrastructure (both logistics and industrial infrastructure) as well as a focussed approach to developing new industrial areas.
The quality infrastructure facilities available in the State assist in growth of business and industry along with promoting fair competition. In addition to social development and generation of new employment opportunities, it also helps in attracting indigenous and foreign investment. Development of Industrial infrastructure in the under-developed regions of the state has been identified as one of the strategies to attract industries and investments into these regions.