Contributors
Saturday, December 12, 2009
Jharkhand
Last Updated: November 2009
Jharkhand is known for its mineral wealth and forest products. It ranks high in the list of states having vast mineral resources, accounting for about 40 per cent of the country's mineral deposits. The state of Jharkhand has a mix of industries – mining and metals, agrobased, automotive and engineering goods - which have been instrumental in driving in the state's economy.
The state's gross state domestic product (GSDP) grew at 14.6 per cent between 2000–01 and 2007–08 to reach US$ 17.3 billion. Secondary sector is the fastest growing sector, growing at a CAGR of 21.7 per cent. Construction and manufacturing are the main contributors to this sector.
Principal export destinations of Jharkhand minerals are Bangladesh, Nepal, South Africa and Saudi Arabia. The state also has a large sericulture base and accounts for 40 per cent of the production of Tussar, a non-mulberry silk.
State Presentation (September 2009)
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