Jharkhand chief ministerHemant Sorenwill launch an industrial policy that aims at attracting up to Rs 1 lakh core of investment, as the government is looking to establish the state as a hub of electronics system design and manufacturing.

With the launch of JIIPP 2021, the will promote business opportunities in the fields of textile and apparel, automobile, electric vehicles, Food Processing, pharma, electronic system design and manufacturing, tourism, Health, IT & ITeS, RENEWABLE ENERGY, breweries and distilleries, startup and incubation centres, Education and MSME sectors, he said.

Adityapur Electronic Manufacturing Cluster Ltd, a special purpose company, was established for its smooth functioning.

It is a greenfield project spread across 82 acre of land, he said, adding that the campus has 92 units with plug & play facilities.

The JIIPP promises investors up to 100 per cent relief from SGST for nine years and 75 per cent for large scale industries for 12 years.