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Jharkhand located in eastern india has a rich history of entrepreneurship dating back to the preindependence era the state is home to a diverse population of over 33 million people with a mix of tribal and nontribal communities the region is known for its mineralrich geography with abundant reserves of coal iron ore and other minerals despite its potential the state has struggled with poverty and unemployment with a living wage of around inr 10000 per month the unemployment rate in jharkhand is around 9 which is higher than the national average the city level gdp is also relatively low with most of the economic activity concentrated in the mining and agriculture sectors however in recent years the state has seen a surge in technological innovations and startups companies like xelpmoc a technology consulting firm and ranchibased startup khetko which provides agricultural solutions have gained national recognition the state government has also launched initiatives like the jharkhand startup policy to promote entrepreneurship and innovation jharkhand is home to several universities including the indian institute of technology iit in dhanbad which has produced several successful entrepreneurs the state has also witnessed key historical events including the jharkhand movement which led to the formation of the state in 2000 while the startup scene in jharkhand is still in its nascent stages the state has the potential to become a hub for innovation and entrepreneurship with the governments support and the emergence of new startups the state can overcome its economic challenges and create a thriving startup ecosystem
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