Bihar Government Focuses on Industrial Growth and Investment

Bihar Government Focuses on Industrial Growth and Investment.webp

Patna, March 19 The Bihar government is committed to creating a globally competitive and investor-friendly environment through progressive policies, strong infrastructure development, and strategic initiatives, an official said.

During a webinar organized in collaboration with Invest India and the Japan External Trade Organisation (JETRO) on Wednesday, state Industries Department Secretary Kundan Kumar said the government is actively enhancing its engagement with international stakeholders to unlock new investment opportunities and accelerate industrial growth.

Kumar said, "The state government is committed to creating a globally competitive and investor-friendly environment that enables seamless industrial growth and long-term partnerships."

According to an official statement, a key highlight of the webinar session was the upcoming Integrated Manufacturing Cluster (IMC) in Gaya, which is being developed under the Amritsar-Kolkata Industrial Corridor initiative.

Strategically located near Bodh Gaya, the cluster will offer robust connectivity, access to key domestic and international markets, and a conducive environment for manufacturing and export-oriented industries, it added.

"With progressive policies, strong infrastructure development, and strategic initiatives such as the IMC in Gaya, we are confident that Bihar offers immense opportunities for global investors looking to expand in India," Kumar, who is also the investment commissioner, said.

During the webinar, Kumar delivered a detailed presentation, which focused on Bihar's industrial ecosystem, policy framework, and sector-specific opportunities for Japanese and global investors.

Officials highlighted incentives, including free land allotment of up to 25 acres, along with sector-focused policies and streamlined approval mechanisms aimed at attracting investors.

The webinar saw participation from JETRO's Senior Director Haruka Maruyama and Assistant Director Sandeep Singh, as well as representatives from Invest India and the Bihar Industrial Area Development Authority.
 
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bihar economic development gaya india industrial corridor industrial development industries department international trade investment investment commissioner investment incentives japan manufacturing clusters policy framework sector-specific opportunities
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