"Jharkhand ready for business": CM Hemant Soren invites global investment during visit to Spain, Sweden

Ranchi (Jharkhand) [India], April 22 (ANI): Jharkhand Chief Minister Hemant Soren, currently on an official tour of Spain and Sweden, made a strong investment pitch in Barcelona, asserting that "Jharkhand is ready for business" and inviting global entrepreneurs to invest in the state.
As part of the outreach, the Government of Jharkhand received a proposal from Spanish football club RCD Espanyol to sign a Memorandum of Understanding (MoU) for training football coaches from the state.

According to an official release from the Chief Minister's Office, the collaboration aims to harness Barcelona's advanced sports infrastructure to boost grassroots-level football training in Jharkhand.
Simultaneously, a high-level delegation led by the Chief Minister interacted with Indian-origin business leaders and experts in Barcelona across various fields such as Startup Mentorship, Clean Energy, Environmental Sustainability, Supply Chain, Bio-Pharmaceuticals, Sports Marketing, Cricket Franchise Ownership, Deep-Tech B2B Marketing, Legal, Dentistry, and MedTech.

The delegation discussed strategies to promote entrepreneurship, innovation, and startup growth in Jharkhand.
Participants expressed their interest in supporting the creation of a vibrant startup ecosystem in the state. The Chief Minister invited all attendees to visit Jharkhand and explore investment opportunities.
The Chief Minister also held a meeting with Dusan Lichardus, CEO and Co-founder of Tesla Group AS (Czechoslovakia).
During the meeting, Lichardus proposed to establish a GIGA Factory in Jharkhand focused on the assembly of commercial and industrial battery storage products. The project would be similar to the company's recently set-up facility in Braila, Romania, aimed at enhancing renewable energy storage infrastructure.

The business delegation suggested that the Jharkhand Government should initiate the mapping of startups and their mentors in the state and establish connections with global incubators. Investment opportunities in value-added food processing, especially involving jackfruit and tomatoes, were also discussed.
Further discussions included collaboration in traditional medicine (Hodopathy), Research and Development, and licensing of innovations in sectors such as Pharmaceuticals, MedTech, and Biotech.
The Jharkhand delegation stressed the importance of strengthening the State's branding among Spanish companies. It was suggested that a sustained promotional campaign focused on Investment, Tourism, and Trade could position India--and Jharkhand in particular--as a key destination for Spanish companies.
Chief Minister Soren assured the delegation that the Government of Jharkhand will maintain continuous engagement with Spanish companies through regular meetings and follow-up programs to advance collaborations. He affirmed that the valuable suggestions received would be considered while updating and refining state policies.
The Chief Minister also reiterated Jharkhand's significant progress in Ease of Doing Business and the Government's commitment to facilitating smooth and fast-tracked investment implementation in the State. (ANI)