Jharkhand set to get Rs 2,700-cr investment on April 27

Ranchi April 25 (IANS) Jharkhand will get investments worth over Rs 2 700 crore at fourth groundbreaking ceremony of "Momentum Jharkhand" on April 27 said a senior official on Wednesday.

"In all 151 companies are going to investment Rs 2 700 crore in the state on the occasion of fourth Momentum Jharkhand groundbreaking ceremony which will take place in Deoghar on April 27 " Mines and Industries Secretary Sunil Barnawal told the media.

Barnwal is also in charge of Principal Secretary to Jharkhand Chief Minister.

He said: "Rs 2 700-crore investment will create 10 000 direct and 25 000 indirect jobs in the state."

Through Momentum Jharkhand Rs 8 800 crore had already been invested in the state which would create nearly 60 000 direct and 1.75 lakh indirect jobs he said.

Jharkhand had organised "Momentum Jharkhand: Global Investors Summit" in February 2017. The state had received investment proposals worth over Rs 3-lakh crore during the summit.

--IANS
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