Report Summary Detailed PEST Analysis, Key Industries Analysed with Investment Opportunities in a Boon to Self Reliant India
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Ranchi, city is the capital of Jharkhand state. It lies along the Subarnarekha River. Ranchi was constituted a municipality in 1869.
The city has major rail and road connections and is the center of the region’s agricultural, cotton, and tea trade. Silk production, manufacturing of shellac and heavy machine tools are the city’s major industries. The government of Jharkhand has been making significant efforts to maximize the inflow of investment in the state. Many incentives and policies have been developed and put in place by the government to attract investors. The basic idea of these policies is to augment those industries that utilize the forest, agricultural, mineral, and other resources of the state & city of Ranchi promises to bring progress while ensuring sustainability through comprehensive planning. What brings ease of business in Ranchi for investors, is administration’s push to single window clearance system & investors are further assured that they need not to require escalating matters or visiting any other departments for clearances/permissions. With strong governance backing the city, Ranchi pose a strong foundation for being a ‘Next - Best' City for Global Industrial Re-shoring in India.
Major Industries Include – Metals, Minerals, Agro Based, Cotton Industry, Wooden Based, Engineering Units, Hospitality, Tourism, Technology, Construction & Real Estate
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