Jharkhand Clears MSME Bill to Boost Industrial Growth

07 Nov 2025 CW Team

Jharkhand Governor Santosh Kumar Gangwar has approved the Jharkhand Micro, Small and Medium Enterprises (Special Exemption) Bill, 2025, paving the way for a new legal framework to simplify industrial operations and attract investment in the state.

The Bill, passed during the Monsoon Session of the Jharkhand Assembly, aims to promote industrial growth through the MSME sector by streamlining approval procedures and reducing bureaucratic hurdles for new and existing enterprises.

Under the new law, several permissions and inspections required for setting up and operating small and medium industries will be relaxed or simplified. The legislation also introduces a single-window clearance system, allowing all necessary licences and related services to be accessed through a single digital platform — a step expected to make the process more transparent, efficient, and investor-friendly.

According to officials, the Bill will help accelerate growth in the MSME sector, attract fresh investment, and support small business expansion across the state. The reform is also expected to improve Jharkhand’s ease of doing business ranking and create new local employment opportunities.

With the Governor’s assent, the legislation will now be formally notified, giving it full legal effect. Once implemented, it is anticipated to serve as a key catalyst for industrial activity, entrepreneurship, and inclusive economic development across Jharkhand’s districts.

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..