Jharkhand

Jharkhand's gross state domestic product for 2004 is estimated at $14 billion at current prices. Born out of partition from old Bihar state in 2000, Jharkhand produces about 70% of the output of the old Bihar state. Since it is rich in minerals, the state per capita income is likely to increase in the coming years.

Jharkhand has a concentration of some of the country’s highly industrialized cities such as Jamshedpur, Ranchi, Bokaro and Dhanbad. It also has several firsts in India, including:

• Largest fertilizer factory of its time in India (since shut down) at Sindri
• First Iron & steel factory at Jamshedpur
• Largest Steel plant in Asia, Bokaro steel plant.
• Biggest explosives factory at Gomia
• First methane gas well
  ,It has several towns and innumerable villages with civic amenities. Urbanization ratio is 42.25% and the per capita annual income is US$ 1,490.

Jharkhand also has immense mineral resources: minerals ranging from (ranking in the country within bracket) from iron ore (1st), coal (3rd), copper ore (1st), mica (1st), bauxite (3rd), Manganese, limestone, china clay, fire clay, graphite (8th), kainite (1st), chromite (2nd), asbestos (1st), thorium (3rd), sillimanite, uranium (Jaduguda mines, Narwa Pahar) (1st) and even gold (Rakha mines) (6th) and silver and several other minerals. Large deposits of coal and iron ore support concentration of industry, in centers like Jamshedpur, Bokaro and Ranchi. Tata Steel, a S&P CNX 500 conglomerate has its corporate office in Jharkhand. It reported a gross income of Rs.204,910 million for 2005.[cit


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