US Ambassador to India Richard Verma on Thursday met Jharkhand Chief Minister Raghubar Das to discuss the potential for investment and business in the state.
Verma said that the current $150 billion business between India and America is set to go up to $500 billion.
Raghubar Das told Verma that there was ample potential of investment in Jharkhand in the areas of mining, automobile, IT, defense, education and clean energy.
"The state has 40 percent minerals of the nation. Land bank has been established to sort out the problems of land acquisition. Jharkhand investment office has been opened in New Delhi where state related information can be secured, " the chief minister stated.
Ambassador Verma has been on two days' visit to Jharkhand.
He met regional business leaders at a programme hosted by the Jharkhand Chapter of the Indian Chamber of Commerce (ICC) to discuss opportunities for deeper and broader economic engagement between U. S. and Indian companies.
At the conclusion of his visit on Thursday Ambassador Verma said, "I had fruitful meetings with Chief Minister Raghubar Das and Governor Draupadi Murmu regarding the opportunities for strengthening collaboration in trade and investment, education, health, and anti - human trafficking efforts in Jharkhand.