Jharkhand Shines at WEF 2026: Global Partnerships for Green Industrialization

India
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CNBC TV18•22-01-2026, 16:56
Jharkhand Shines at WEF 2026: Global Partnerships for Green Industrialization
- •Jharkhand made its first-ever presence at the World Economic Forum 2026 in Davos, led by Chief Minister Hemant Soren, showcasing investment potential and sustainable development.
- •Tata Steel committed ₹11,000 crore investment in Jharkhand for New Age Green Steel Technology, utilizing advanced low-carbon ironmaking technologies like HISARNA and EASyMelt.
- •These green steel technologies, drawing innovations from the Netherlands and Germany, aim to reduce emissions by up to 80% and cut import dependence by using indigenous coal.
- •Discussions also included potential investments from Hitachi India in power infrastructure and Tech Mahindra in IT facilities, alongside exploring industrial tourism.
- •CM Hemant Soren received a White Badge from WEF, formalizing cooperation on critical minerals, new energy, climate action, and just energy transition, positioning Jharkhand as a leader in green industrial transformation.
Why It Matters: Jharkhand's WEF debut secures major green industrial investments and global partnerships for sustainable growth.
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