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Major investments planned in coking coal and steel projects in Dhanbad-Bokaro.
Focus on resource security, sustainable mining, and local employment.
Government and private players keen on tapping Jharkhand’s mineral potential.
The Indian government, in collaboration with private players, is gearing up for significant investments in coking coal mining and steel projects in the Dhanbad-Bokaro belt of Jharkhand. Known as India’s ‘Coal Capital’, this region is poised to become a vital hub for raw material security and steel production capacity expansion.
At a recent high-level industry meeting, government officials confirmed plans to attract both domestic and international investors for setting up modern coking coal extraction units, steel plants, and allied infrastructure projects. This comes in response to India’s rising steel demand and its target of achieving 300 million tonnes of production capacity by 2030.
Authorities revealed that multiple project proposals are under review, with the focus on modern, sustainable mining practices, eco-friendly steel manufacturing, and local employment generation. The move is expected to not only reduce India’s dependency on imported coking coal but also boost the regional economy by creating thousands of direct and indirect job opportunities.
Industry leaders like SAIL, Tata Steel, and JSW Steel have shown interest in exploring new investments and joint ventures in the mineral-rich zone. The Jharkhand government has assured fast-track approvals, infrastructure support, and policy incentives to facilitate these developments.
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