Best Profitable Manufacturing & Processing Business Ideas ...

[Pages:67]Best Profitable Manufacturing & Processing Business Ideas in

Jharkhand, India to Start. Small and Medium Projects.

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Few Major Cities in Jharkhand

? Jamshedpur ? Dhanbad ? Ranchi ? Bokaro Steel City ? Deoghar ? Phusro ? Hazaribagh ? Giridih ? Ramgarh ? Medininagar ? Chirkunda ? Madhupur

Major Industrial Areas in Jharkhand

Adityapur Industrial Area Development Authority (AIADA) Bokaro Industrial Area Development Authority (BIADA) Ranchi Industrial Area Development Authority (RIADA) Santhal Paragna Industrial Area Development Authority (SPIADA)

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Introduction

Jharkhand is located in the eastern part of India. The state shares its borders with West Bengal in the east, Uttar Pradesh and Chhattisgarh in the west, Bihar in the north and Odisha in the south. The state's industries enjoy a unique location-specific advantage as it is close to the vast market of eastern India. It is closer to the ports of Kolkata, Haldia and Paradip which helps in transportation of minerals.

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Jharkhand is one of the richest mineral zones in the world and boasts of 40 per cent and 29 per cent of India's mineral and coal reserves respectively. Due to its large mineral reserves, mining and mineral extraction are the major industries in the state. Jharkhand is rich in mineral resources such as coal (27.3 per cent of India's reserves), iron ore (26 per cent of India's reserves), copper ore (18.5 per cent of India's reserves), uranium, mica, bauxite, granite, limestone, silver, graphite, magnetite and dolomite. Jharkhand is the only state in India to produce coking coal, uranium and pyrite. With 25.7 per cent of the total iron ore (hematite) reserves, Jharkhand ranks second among the states.

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The state is richly endowed with minerals, such as bauxite, mica, graphite, quartz, iron, copper, and magnetite. About 40% of the country's total mineral resources are located in the state. It is recognized as a region of great potential. The state is also the only producer of uranium and coking coal in the country. Jharkhand also has an abundance of water, energy reserves, forests, and fertile land, which can help the state become one of the most developed states in the country.

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Jharkhand is a state in eastern India, the city of Ranchi is its capital while the industrial city of Jamshedpur is the most populous city of the state. Jharkhand became the 1st in India to introduce free haircuts for poor students. It also has immense mineral resources like iron ore, coal, copper ore, mica, bauxite etc., large deposits of coal and iron ore support concentrations of industries.

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