Bihar’s Industries Department conducts investors’ meet in Bengaluru

Industries Department of Bihar conducted an investors’ meet in Bengaluru on October 10 to showcase investment opportunities in the state. Over 50 leading companies, including Britannia, IBM, UST Global, Synopsis, Shahi Exports, Gokuldas, Raymond and Arvind Lifestyle participated in the investors’ meet.

In addition to corporate leaders, 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 & Industry (FKCCI) and National Association of Software and Service Companies (NASSCOM) participated in the event.

Addressing the event Bihar’s Industry Minister Samir Kumar Mahaseth underlined Bihar government’s unwavering commitment to fostering a conducive business environment in the state.

He said 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 and families to come and invest in Bihar,” he said.

“We extend our heartfelt gratitude to all the esteemed participants and dignitaries who made the Bengaluru Investors Summit a resounding success,” said Pankaj Dixit, Director, Department of Industries, Government of Bihar.

“Your overwhelming response is a testament to the immense potential and opportunities that Bihar offers to the business community. We look forward to forging enduring partnerships that will contribute to the growth and prosperity of the state,” Dixit said.

“We urge the aspirational investors to come to Bihar and experience a change in perception and then decide whether to invest in Bihar,” he added.

The Department of Industries, Bihar has been continuously trying to encourage potential investors in several ways like providing various incentives under the high priority sectors of Leather and Textiles, Food Processing, IT, ESDM & E-Vehicles. In addition to this, the department is also offering Plug & Play facilities & handholding support to the companies willing to set up industries in Bihar, according to an official statement released by the Department of Industries, Government of Bihar.

“The success of the Investors Meet in Bengaluru is a testament to the Department of Industries, Bihar’s steadfast dedication to creating a vibrant ecosystem for investment and economic growth in the state,” it said.