Jharkhand’s global partners see promise of growth | ranchi | Hindustan Times
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Jharkhand’s global partners see promise of growth

Ambassadors of various countries expressed their countrys’ intent to make direct investment in Jharkhand, an Indian state, which they feel, has old business links, in one or another form, with their countries.

ranchi Updated: Feb 17, 2017 14:09 IST
Bedanti Saran/Sanjoy Dey
Foreign delegates at the summit
Foreign delegates at the summit(Diwakar Prasad/HT Photo)

Ambassadors of various countries on Thursday expressed their countrys’ intent to make direct investment in Jharkhand, an Indian state, which they feel, has old business links, in one or another form, with their countries.

Ambassadors of four countries, including Japan, Czech Republic, Mongolia and Tunisia, the partner countries of “Momentum Jharkhand--global investors’ summit” organised by the state government here in Ranchi, disclosed their country’s views and plans for the mineral rich state.

Addressing a vast gathering, Japanese Ambassador to India Kenji Hiramatsu said, Japan and Jharkhand had enjoyed a long relationship since 1930 when export of iron ores from Jharkhand and Odisha to Japan commenced.

He said, “Jharkhand has huge potential for development as it is well connected to Bangladesh and South East Asia via Myanmar.”

Hiramatsu said Japanese and its companies were supporting the development policies of India. “There are 1300 Japanese companies operating in India with an investment of 16 billion US dollars. The government of Japan is a partner in Swach Bharat campaign,” he said hoping for more exchanges and interaction with Jharkhand and Japan in times to come.

Australian High commission to India Harinder Sidhu pointed out that Australia and Jharkhand shared a common geology. “We are rich in coal, iron, copper, uranium, like Jharkhand,” she said highlighting Australian company Orica’s investment in Jharkhand’s Gomia.

She said Australia also has partnership with Indian School of Mines, Dhanbad for research and development in mines and safety. Australian government has invested Rs 2 crore for advanced research and Australia is also working with Coal India Limited on coal mine methane technology.

Czech Republic ambassador to India Milan Hovorka too pointed out his country’s long association of 60 years with Jharkhand. He said that his countrymen had assisted in settingt up the Heavy Engineering Corporation (HEC) here in Ranchi. He praised Jharkhand government for opening up its economy for global investment.

Tunisian Ambassador to India Nejmeddine Lakhal too pointed out the various similarities that existed between Tunisia and Jharkhand. He said, “Tunisian business houses are keenly interested in investing in the state”.

Mongolian Ambassador to India Gonchig Ganbold, who started his speech in Hindi, said, “Mongolia and India are spiritual neighbours. We are looking for investment prospect in Jharkhand, especially in the mining sector.”