The is eyeing to attract investments from private players to build industrial parks and logistic hubs in Jharkhand. The state cabinet on September 29 approved the draft of theJharkhandIndustrial Parks and Logistics Policy of 2022.
Effective for the next five years, the policy is aimed at boosting the industrial Infrastructure in Jharkhand by wooing private players to set up industrial parks by providing financial subsidies up to Rs 75 crore.
The policy document entails that any private company or a joint venture (group of public companies or between public entities and government) will be eligible for setting up industrial parks by submitting their proposals and master plans to the Industry department’s single window committee for approval.