State of Jharkhand is widely acclaimed as the region of the future, having immense potential for industrialization with its large deposits of minerals, which could provide a firm launching pad for various industries. It is one of the richest zones of minerals in the world. As large as 40% of the total minerals of the country are available in this State. The State is the sole producer of cooking coal, uranium and pyrite. It ranks first in the production of coal, mica, kyanite and copper in India. The geological exploration and exploitation of gold, silver, base metals, decorative stones, precious stones, etc. are the potential areas of future. Government intends to set up an SEZ along Jamshedpur Ranchi National Highway Ranchi, capital of Jharkhand, was once the summer capital of Bihar. Situated at a height of 2100 ft above the sea level Ranchi was one of the most important cities in Bihar.
The Special Economic Zone will be great for investors as the land, power, water and communication facilities are readily available. A number of tax concessions by the State Government and the Central Government are also offered as incentives. This zone acts as a magnet and over a period creates number of ancillaries. In additional it will also have an IT Park, Bio-Tech Park, Hotels, Recreation facilities, Housing, etc. with state of the art technology. The State has to act as a catalyst, enabler and enhancer to promote maximum activities through private participation. The establishment of Special Economic Zone would accord a fillip to export promotion. The high quality supporting infrastructure available at SEZ would greatly enhance the investment and economic development of the region.
Ranchi is linked to North, East, West and South by rail and to every important part of the country by road and Patna-Delhi-Mumbai by air. Rickshaws and Tempos are readily available on Rly. Station and bus stands [Birsa {Khadgarha} bus stand and Ratu Bus Stand] to take you to any part of the city almost 24 hours, but avoid late night movements. From Ranchi town to different sites of sight seeing, you can have regular bus service or you can charter taxi (private cars) or hire tempo – fare is negotiable.