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Modi to address investors summit through video conferencing

At least 11 Union ministers and top industrialists from across the globe would be present at the event at Ranchi’s Khelgaon

ranchi Updated: Feb 09, 2017 10:30 IST
Saurav Roy
State government put hoardings  for the success of Global Investors meet
State government put hoardings for the success of Global Investors meet "Momentum Jharkhand" in Ranchi(Diwakar Prasad/ Hindustan Times)

Prime minister Narendra Modi will address Jharkhand’s maiden Global Investors’ Summit (GIS) through video conferencing on February 16, officials of the state industry department said on Wednesday.

At least 11 Union ministers and top industrialists from across the globe would be present at the event at Ranchi’s Khelgaon, during Modi’s address. 

“It is confirmed. The Prime Minister will address the summit through video conferencing,” said state industry director K Ravi Kumar. 

However, the state government is yet to release an official communique on the PM’s address. 

Jharkhand’s maiden investors’ summit has been organized on the lines of ‘Vibrant Gujarat’, a brainchild of Modi. The PM during his visit to Jharkhand on earlier occasions, had said that Jharkhand was the key to his ‘Make in India’ campaign as it has more than 40% of the country’s mineral reserves.

Meanwhile, Jharkhand has held at least five domestic and three international tours in the past one year or so to attract investors to its flagship summit under ‘Momentum Jharkhand’.

Treading PM’s path, Jharkhand chief minister Raghubar Das too has been laying stress on the need of industrialization for holistic development of the tribal state.

In a meeting with the top bureaucracy of Jharkhand on Monday, Das had said the state can achieve development goals only if agriculture and industrialization go hand in hand.

Modi has been all praise for Das since he took charge of the chief minister’s office here on December 28, 2014. The latest in his series of praise for the first non-tribal CM of Jharkhand came in December 2016, when Modi lauded Das for his vision on cashless transactions.

“Jharkhand’s image is changing globally. It is a challenge for us to seize the initiative and make Jharkhand a global investment destination,” Das said during his last review meeting of the GIS.

The Raghubar Das government expects to draw investment proposals worth over Rs.60,000 crores during the summit to be held here on February 16 and 17. Power, steel, textile, telecommunications and IT are some of the sectors that may get maximum attention during the meet.