Trade and Investment Council

Driving Trade and Investment in Jharkhand

The Trade and Investment Council of the Make in Jharkhand Economic Forum is committed to positioning Jharkhand as a leading destination for global trade and investment. By cultivating a business-friendly environment, boosting export potential, and attracting foreign capital, the state aims to stimulate economic growth, generate employment, and become a hub for international business.

Collaboration with the Central Government of India

Alignment with National Trade Strategies

The council works closely with the central government to align Jharkhand's trade policies with national initiatives like the Foreign Trade Policy (FTP) and the ‘Make in India’ program. By collaborating with the Ministry of Commerce and Industry, the council ensures that the state's trade strategies are in sync with national objectives, enhancing exports and attracting investment.

Export Promotion and Assistance

The council collaborates with the central government to expand Jharkhand’s export base by leveraging initiatives like the Export Promotion Capital Goods (EPCG) scheme and the Merchandise Exports from India Scheme (MEIS). It seeks central support to explore new markets, enhance export logistics, and offer incentives to local exporters, ensuring Jharkhand’s products are effectively positioned in global markets.

Ease of Doing Business Initiatives

To boost Jharkhand’s appeal to investors, the council works with the central government to streamline regulatory processes and eliminate bureaucratic barriers. Key initiatives, including single-window clearances and the digitalization of trade-related procedures, are promoted to foster a smooth and efficient business environment.

Infrastructure Development for Trade

The council collaborates with the central government to enhance key infrastructure, such as ports, airports, and logistics hubs, to strengthen Jharkhand’s trade capacity. By securing federal funding and support, the council aims to upgrade the state's infrastructure, positioning Jharkhand as a competitive force in the global marketplace.

Engagement with Global Companies and Councils

International Trade Partnerships: The Trade and Investment Council actively collaborates with global trade organizations, chambers of commerce, and multinational companies to position Jharkhand as a prime trade partner. Through participation in international trade missions, expos, and forums, the council builds strategic alliances to attract foreign direct investment (FDI) to the state.
Collaborative Investment Initiatives: The council works with international investment bodies and sovereign wealth funds to draw investment into key sectors such as manufacturing, IT, pharmaceuticals, and renewable energy. These partnerships promote knowledge exchange, technology transfer, and joint ventures, boosting Jharkhand’s industrial growth.
Promotion of Free Trade Agreements (FTAs): In coordination with global trade organizations, the council advocates for the negotiation and implementation of Free Trade Agreements that offer advantages to Jharkhand. These agreements lower tariffs, improve market access, and stimulate bilateral trade, establishing Jharkhand as an attractive destination for global business.

Bilateral and Multilateral Forums: The council actively participates in bilateral and multilateral trade forums to highlight Jharkhand’s strengths and potential. By engaging with international policymakers, business leaders, and trade experts, the council promotes the state’s trade opportunities and fosters relationships that streamline trade processes.
Investment Summits and Roadshows: The Trade and Investment Council organizes investment summits and roadshows in key global markets to attract potential investors. These events provide a platform to showcase Jharkhand’s strategic advantages, lucrative investment opportunities, and pro-business policies to a global audience.

Driving Economic Growth and Prosperity

The Trade and Investment Council is dedicated to boosting Jharkhand’s trade and investment landscape through strategic collaborations with the central government and international partners. By fostering a business-friendly environment, advocating for supportive policies, and building global partnerships, the council is driving economic growth, creating jobs, and positioning the state as a premier destination for trade and investment.

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About Make in Jharkhand

Make in Jharkhand is a Public Benefit Corporation (PBC) committed to positioning Jharkhand as a dynamic force in global economic collaboration. With strategic partnerships spanning the USA, Europe, Australia, African Union, KSA, China, India, Qatar, Saudi Arabia, Türkiye, and the UAE, we focus on key sectors such as energy, technology, agriculture, and finance. Our mission is to adopt global best practices, drawing from successful economic models to foster inclusive and sustainable development. By aligning with forward-thinking strategies, Make in Jharkhand aims to accelerate economic diversification, empower communities, and promote responsible growth. Leveraging Jharkhand’s geographic strengths and rich resources, we seek to attract high-impact investments, fuel innovation, and elevate the state’s global economic standing — in line with the government’s vision for a connected, tech-driven future.