Bihar's Mega Investment Drive: December Event to Woo Global Investors
Bihar is set to attract significant domestic and foreign investment in textiles, food processing, and EV sectors with a mega event scheduled for December. Beginning with roadshows across major cities, this initiative aims to boost job creation and economic growth in the state. Key stakeholders from leading industries are expected to participate.
- Country:
- India
In a bid to attract significant domestic and foreign investment, Bihar is rolling out the red carpet for investors at a mega event set for December, focusing on sectors like textiles, food processing, and electric vehicles (EVs). This initiative aims to boost job creation and economic growth within the state.
Following the success of its 2023 edition, the state will host the two-day Bihar Business Connect event on December 11-12, preceded by roadshows in various cities, starting with Kolkata. 'Bihar has a strategic locational advantage, offering excellent connectivity to the entire northeast, Nepal, Bangladesh, and Bhutan,' stated Nitish Mishra, Bihar's Minister for Industry and Tourism.
The state is also providing export subsidies to offset the cost of moving goods to the nearest port. With a robust industrial policy and sector-specific incentives, Bihar presents an ideal investment destination. The Investors' Meet will feature direct interactions with Minister Mishra and other key officials, as well as business networking and knowledge-sharing sessions.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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