Bihar Investors Meet Latest Update: Bihar Investors Meet 2022 was historic at Hotel Tajman Singh in Delhi. 170 companies from across the country participated in this summit including 30 big companies. Adani, Lulu Group, ITC, HUL, Coca Cola, Amazon, Flipkart, Samsung, Amul, Britannia Industries, Patanjali, Usha Martin, Honda, L&T, Arvind Mills, Tata Bluescope, KEI Industries, Shree Cement, Ambuja among others. Representatives of many big and well-known companies joined the Bihar Investors Meet and made it successful and historic.

In Bihar Investors Meet 2022, many big companies including Adani, Lulu Group, ITC also announced big investments in Bihar. Pranav Adani, Director and MD, Adani Enterprises said that it is indeed commendable that Bihar is fast emerging as an investment destination and very soon a delegation from Adani Group will visit Bihar to see the investment possibilities.

Bihar was successful in creating atmosphere

M A Yusuf Ali, Chairman and MD, Lulu Group International, who arrived in Delhi from Dubai, while addressing the industry people gathered at the Bihar Investors Meet said that it is a matter of great happiness that Bihar has a conducive environment to become a big industrial area of ‚Äč‚ÄčNortheast India. Succeeded in making. He announced that Lulu Group would invest in the food processing sector in Bihar as well as build a shopping mall.

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ITC’s deep relationship with Bihar

ITC Chairman and MD Sanjeev Puri also reached the Bihar Investors Meet 2022 held at Hotel Tajman Singh in Delhi and he also announced to make a big investment in Bihar. Sanjeev Puri said that ITC is present in Bihar for 100 years and ITC has a deep relationship with Bihar. This relationship will get stronger in the coming days. He said that at present ITC has 9 production plants in Bihar and in the coming days ITC will further increase investment in food processing sector in Bihar.

industrialization will accelerate

ITC Chairman Sanjeev Puri also praised the industrial environment created in Bihar. He said that Bihar is an agro power house and the recent steps taken by the government to improve Single Window System, Ease of Doing Business will greatly accelerate the industrialization of the state. The meet was inaugurated by Bihar’s Deputy Chief Minister Tarkishore Prasad and Bihar’s Industries Minister Syed Shahnawaz Hussain, Bihar Development Commissioner Vivek Kumar Singh, Principal Secretary to Chief Minister and Additional Chief Secretary, Finance Department of Bihar Dr. S. Siddharth, Principal Secretary, Industries Department. Sandeep Pondrick and many other senior officials of the Bihar government were present.

Bihar completely changed

Bihar Deputy Chief Minister Tarkishore Prasad, while addressing the industrialists from across the country engaged in the Bihar Investors Meet 2022, said that Bihar has now completely changed. The journey from 2005 to 2022 has been a journey of big change for Bihar. In 2004, the budget of Bihar which was only 25 thousand crores, today it has increased to 2 lakh 37 thousand crores. He said that the present NDA government under the leadership of Chief Minister Nitish Kumar is trying hard to take Bihar forward in the industry sector. He said that the door of the Industry Ministry of Bihar is not only open for the industry, but every ministry of the Government of Bihar is also open for the industrialists who want to invest in Bihar. He said that the industrialists of the country should come to Bihar without any hesitation and take advantage of the possibilities of investment in the rapidly growing industry in Bihar.

Good luck gathering big companies

Bihar Industries Minister Syed Shahnawaz Hussain expressed happiness over the participation of a large number of industries in the Bihar Investors Meet 2022 held after a long gap. He said that the gathering of representatives of reputed companies in such a large number in the Bihar Investors Meet is a matter of great fortune for Bihar and this has further strengthened the belief that Bihar will achieve great heights in the industry. He said that when the beginning is so good, the end will be so beautiful. Bihar Industries Minister Syed Shahnawaz Hussain said that organizing Bihar Investors Meet 2022 in Delhi is a beginning. In the coming days, we will hold investors’ meet in Patna along with Mumbai, Surat and other cities of the country and will leave no stone unturned to take Bihar forward in the industry sector.

need to change perception

Inviting the people of the industry to invest in Bihar, he said that there is a need to change the perception about Bihar. Bihar has reached from 2004 to 2022, but the perception about Bihar remains the same as of 2004. In the journey from 2004 to 2022, there has been a difference of ground and sky in the conditions of Bihar. He said that big industries are being set up in Bihar. More recently, an ethanol plant and Pepsi’s bottling plant were inaugurated by the Chief Minister of Bihar.

Proposal for big investment will come

He said that 17 ethanol companies are coming up in Bihar, out of which one has been launched and three more ethanol production plants are ready for launch. He said that the Bihar Ethanol Policy brought in 2021 was very successful. Under this, investment proposals worth 30 thousand crores came in Bihar. He said that in the last one year, investment proposals worth 36 thousand crores have come in Bihar and very soon we are going to bring textile and leather policy. He said that after the introduction of textile and leather policy, once again a big investment proposal will come in Bihar.

Once I came to Bihar

Industries Minister Shahnawaz Hussain said that there is immense potential in the industry sector in Bihar. He said that along with policy reforms, we are also giving attractive incentives to the investors. When Bihar has the guidance of Prime Minister Narendra Modi and the leadership of Chief Minister Nitish Kumar, no one will be able to stop Bihar from making a mark in the industry. In the end, he told the industrialists gathered in the Bihar Investors Meet that once he came to Bihar. The manpower present in Bihar, the resources present in Bihar and the market of more than 55 crore population from the states of Northeast India around Bihar to many neighboring countries including Nepal, Bhutan, Bangladesh will make Bihar a successful and excellent investment destination.

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