The Jharkhand government will unveil its new industrial policy in New Delhi during a two-day investment meet from Friday.

Chief minister Hemant Soren, along with battery of key officials, is scheduled to leave for Delhi on Wednesday night. He will personally remain available during the meet scheduled to take place at the Taj, his office has said.

The state cabinet cleared the policy titled, Jharkhand Industrial and Investment Promotion Policy (JIIPP) 2021, on july 6. It replaces the policy prepared by the former BJP government that was in power in the state between 2014-19.

The Hemant government aims to attract investments up to Rs 1 lakh crore as per the new policy.

State industry department secretary Pooja Singhal said, “Through the new policy, we are trying to maximize incentives available to investors and ensure they enjoy a business-friendly ecosystem in Jharkhand.”

Another official maintained that the upcoming investor’s meet will see the chief minister holding one-on-one meetings with stakeholders/representatives from different business houses to listen and understand their proposals.

Citing on the key focus areas of the government, he said, “The state government is looking to promote business opportunities in textile and apparels, automobile, auto-components and electric vehicles, food and meat processing, pharma, electronic system design and manufacturing, tourism, health, IT & ITeS, education and technical institutes and other MSMEs.”