Business Standard

Jharkhand woos investors from West Bengal in agro sector


Press Trust of India Kolkata
The Jharkhand government is hoping to attract investments in agriculture and food processing sectors from companies based in West Bengal, officials said.
"We are confident in getting investment from this state (West Bengal). ITC already has atta making facility and wants to expand. Keventor Agro also expressed keenness to invest," Jharkhand department of industries secretary Vinay K Choubey said on the sidelines of a roadshow on Monday.
Jharkhand is organising a two-day Global Agriculture & Food Summit 2018 on November 29-30 in Ranchi.
"We are holding one-on-one meeting with 32 companies of this state," he said.
Jharkhand is aiming to become a major food processing hub in India and has opened doors to investors from West Bengal and other parts of the country, Jharkhand agriculture secretary Pooja Singhal said.
She said currently, agriculture contribute 12-13 per cent of state GDP and the government and is keen on increasing farmers' income.
Officials said the state has 212 food processing units and will be inaugurating 50 more next month.
Choubey said China will be the partner country for the summit and a delegation of 20 companies from Hunan province is slated to attend and evaluate opportunities in Jharkhand.

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Oct 29 2018 | 5:45 PM IST

Explore News