The Jharkhand Government has released the draft Jharkhand Industrial Investment Promotion Policy (JIIPP) 2026 and the Jharkhand Textile, Apparel and Footwear Policy 2026 for public consultation ahead of their final approval.
The draft policies have been published before the National Stakeholder Consultation Meet, scheduled to take place in New Delhi on July 8–9, 2026.
Under the proposed Jharkhand Textile, Apparel and Footwear Policy 2026, the state aims to attract investments of more than ₹1,000 crore (US$104.8 million) and generate over 20,000 additional jobs across the textile, apparel and footwear sectors.
To encourage investment, the policy proposes a 20% Comprehensive Project Investment Subsidy (CPIS) on fixed capital investment, capped at ₹50 crore (US$5.24 million). With additional incentives, the effective subsidy can increase to 35%.
The draft also offers 100% reimbursement of net SGST for seven years, followed by 40% reimbursement for the next three years.
Additional incentives include 50% reimbursement of power tariffs for five years, 100% reimbursement of electricity duty for five years, extendable to seven years for units using renewable energy, and wage subsidies of up to ₹6,000 (US$63) per worker per month.
The policy further proposes support for textile parks, incubation centres, startups, skill development programmes, and export-oriented manufacturing to strengthen the state’s textile ecosystem.
The Directorate of Industries has uploaded both draft policies on the Jharkhand Single Window Portal, inviting suggestions from industry associations, businesses, stakeholders and the public.
According to the state government, releasing the draft policies before Cabinet approval reflects its commitment to a transparent and consultative policy-making process. The proposed framework aims to strengthen Jharkhand’s manufacturing ecosystem, attract new investments, accelerate industrial growth and generate sustainable employment.
The two-day stakeholder consultation in New Delhi will bring together industry leaders, textile manufacturers, professionals and economists to review the draft policies and recommend improvements.
Chief Minister Hemant Soren will chair a dedicated stakeholder consultation on July 9, while several Memorandums of Understanding (MoUs) are expected to be signed to promote industrial investment and employment generation in the state.
