Bihar gets over 3,800 proposals for setting up industries, says Chief Secretary Meena
3 weeks, 4 days ago

Bihar gets over 3,800 proposals for setting up industries, says Chief Secretary Meena

Live Mint  

Patna, Dec 14 Bihar has received more than 3,800 proposals for setting up factories in the state since it floated a progressive industrial investment promotion policy in 2016, proving to be a pivot for its rapid development, its Chief Secretary Amrit Lal Meena said. Bihar Industrial Investment Promotion Policy, 2016, offers a slew of incentives to investors that range from interest subvention to reimbursement of State GST, stamp duty waiver, export subsidy and concessions for transportation, power, and land fees. "So, various sectors are now showing interest and Bihar Industrial Area Development Authority, which is the state apex body for providing land to the industrialists, has over 3,000 acres of surplus land," he said. Bihar Business Connect - the annual investor meet of the state - drew "tremendous success by signing MoUs of more than ₹50,000 crore" of investment proposals in its maiden show in 2023, he noted.

Bihar Industry State Proposals Industries Industrial Investment Udhami Panchayat Secretary Meena  chief  proposals  land  gets  industrial  investment  3800  industry  industries  state  policy  promotion  bihar  secretary  meena  setting

History of this topic

9.4 lakh jobs! These 12 greenfield projects will provide a major boost to employment
2 weeks, 5 days ago

9.4 lakh jobs! These 12 greenfield projects will provide a major boost to employment

Live Mint  

The 12 green field projects under the government's National Industrial Corridor Development Project are expected to create employment opportunities for 9.4 lakh individuals, according to a year-end release by the Department of Promotion of Industry and Internal Trade on Friday. These greenfield projects under the National Industrial Corridor Development Project will require an investment of Rs28,602 crore and cover an …

Bihar writing new chapter - ’from land of history to land of industry’: Industries secy Bandana Preyashi
2 weeks, 6 days ago

Bihar writing new chapter - ’from land of history to land of industry’: Industries secy Bandana Preyashi

Live Mint  

Patna, Dec 19 Bihar is set to become India's next growth engine as the state is on the path of transforming itself from being a land of history to land of industry, a top government official said on Thursday. Addressing the 'Bihar Business Connect 2024' Summit here, Bandana Preyashi, Secretary of Department of Industries, said the government will soon come …

Bihar to develop more industrial areas, will acquire 10,000 acre of land in next fiscal: Dy CM
2 weeks, 6 days ago

Bihar to develop more industrial areas, will acquire 10,000 acre of land in next fiscal: Dy CM

Live Mint  

Patna, Dec 19 The Bihar government acquired 8,000 acre of land in the current financial year for developing industrial areas and would obtain another 10,000 acre next fiscal to attract investment in the state, Deputy Chief Minister Samrat Choudhary said on Thursday. "The Department of Industries in association with several other concerned wings of the state government is providing an …

Bihar Investor Summit 2024: Two-day event starts, focus on MSMEs and startups | DETAILS
2 weeks, 6 days ago

Bihar Investor Summit 2024: Two-day event starts, focus on MSMEs and startups | DETAILS

India TV News  

Bihar Business Connect 2024 - the second edition of the global investor summit started on Thursday. "Considering the success of last year's Bihar Business Connect, the Department of Industries, Government of Bihar, is once again organising this event," the statement read. Key focus areas of Bihar Business Connect 2024 include manufacturing sector, infrastructure and connectivity, and exports. "Significant MoUs will …

Investment proposals at Bihar biz summit will surpass last year’s ₹50K cr: State industries minister
1 month, 2 weeks ago

Investment proposals at Bihar biz summit will surpass last year’s ₹50K cr: State industries minister

Live Mint  

New Delhi, Nov 24 Bihar Industries Minister Nitish Mishra on Sunday said the upcoming global business summit in Patna will be a huge success and attract more investment proposals than about ₹50,000 crore it received in the 2023 edition. "There is an environment for huge investment in Bihar," Mishra, who is also the tourism minister of the state, said. Speaking …

Cabinet nod for setting up 12 industrial cities to boost manufacturing; outlay ₹28,602 crore
4 months, 1 week ago

Cabinet nod for setting up 12 industrial cities to boost manufacturing; outlay ₹28,602 crore

The Hindu  

The Union cabinet on Wednesday approved 12 new industrial cities in 10 States to boost domestic manufacturing with an estimated investment of ₹28,602 crore. The Union Cabinet has approved 12 new project proposals under the National Industrial Corridor Development Programme with an estimated investment of ₹28,602 crore, said Union Minister Ashwini Vaishnaw after the Cabinet meeting. The move will transform …

Govt may launch dozen industrial parks to attract ₹1.50 lakh crore investments
4 months, 1 week ago

Govt may launch dozen industrial parks to attract ₹1.50 lakh crore investments

Hindustan Times  

New Delhi: The government may launch about a dozen industrial parks covering the entire country in a quadrilateral to attract over Rs.1.50 lakh crore investments, boost manufacturing, and create employment opportunities, people aware of the development said, adding that the approval is expected in the Cabinet today. Prime Minister Narendra Modi holds Cabinet meeting The Cabinet, chaired by Prime Minister …

Uttarakhand CM offers 6,000-acre land bank to new investors
1 year, 3 months ago

Uttarakhand CM offers 6,000-acre land bank to new investors

Live Mint  

New Delhi: Uttarakhand chief minister Pushkar Singh Dhami on Thursday said that a land bank of about 6,000 acres is available in the state for businesses to set up units across sectors. There has been continuous improvement in rail, road and air connectivity in the state, an official statement issued at the briefing said quoting the chief minister. The Uttarakhand …

Bihar Assembly polls 2020: BJP promises 19 lakh jobs in next five yrs, free COVID-19 vaccine in its manifesto
4 years, 2 months ago

Bihar Assembly polls 2020: BJP promises 19 lakh jobs in next five yrs, free COVID-19 vaccine in its manifesto

Firstpost  

BJP’s manifesto also included the appointment of three lakh teachers within the next year in schools and higher education institutions and one lakh jobs in the health sector Patna: Union Finance Minister Nirmala Sitharaman Thursday released the BJP manifesto for the Bihar Assembly polls which seeks to reach out to the youth with the promise of 19 lakh jobs in …

Discover Related