Bihar is promoted by Mahaseth as a possible investment location.
BENGALURU, OCT 10 : Underlining his government’s unwavering commitment to fostering a conducive business environment, Bihar Industries Minister Samir Kumar Mahaseth showcased his state as a potential investment destination in the country.
The minister on Tuesday attended the Bihar Business Connect, Investors Summit here in the city. It served as a pivotal platform for fostering investment opportunities in Bihar.
The summit witnessed an overwhelming response, with participation from key stakeholders representing approximately 50 leading companies, including industry giants such as Britannia, IBM, UST Global, Synopsis, Shahi Exports, Gokuldas, Raymond and Arvind Lifestyle, among others.
In addition to corporate leaders, the summit was graced by distinguished delegates from prominent industry associations, including the Federation of Indian Chambers of Commerce and Industry (FICCI), Apparel Export Promotion Council (AEPC), Federation of Karnataka Chambers of Commerce and Industry (FKCCI) and The National Association of Software and Service Companies (NASSCOM).
“We urge the aspirational investors to come to Bihar and experience a change in perception and then decide whether to invest in Bihar, ” Mahaseth said, underlining the government’s unwavering commitment to fostering a conducive business environment in Bihar. He also emphasised on how Bihar has progressed tremendously over the years and has focused on the growth of women entrepreneurs as well.
“The government of Bihar is also continuously trying to liaison with banks and financial institutions to ensure overall growth of the industrial sector of Bihar. We would like to extend a grand welcome to the investors, their friends & families to come and invest in Bihar,” he said.
The Industries department has been continuously trying to encourage potential investors in plenty of ways like providing various incentives under the high priority sectors of Leather and Textiles, Food Processing, IT, ESDM and E-Vehicles.
In addition to this, the department is also offering Plug and Play facilities and handholding support to the companies willing to set up industries in Bihar.(UNI)