The Department of Industries, Bihar, is dedicated to revolutionizing the industrial scenario of the state by organizing the 'Bihar Business Connect 2023' - an international summit for investors. This significant event is set to occur on the 13th and 14th of December 2023 in the city of Patna.
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Join us at Bihar Business Connect 2023.https://t.co/oouxL3ghXI#IndustriesBihar#BIHARHAITAIYAR#InvestInBihar #BiharBusinessConnect2023@samirmahaseth_@poundriksandeep pic.twitter.com/zQhJ0sfGFI— Department of Industries, Bihar (@IndustriesBihar) December 11, 2023
Chief Secretary Amir Subhani announced that the Bihar business summit, commencing on Tuesday, will witness the participation of more than 600 investors from various parts of India and 15 other nations. During a press conference, he emphasized that Bihar has emerged as a key contributor to India's industrial development and the objective of 'Bihar Business Connect-2023' is to showcase the state as a compelling global investment hub.
"Over 600 investors from India and 15 other countries are expected to participate in the two-day summit. The summit, which is being organised by the state's Industries Department, will feature discussions on priority sectors, field visits to industrial areas and high-level meetings with state leadership, setting a new benchmark for industrial growth and investment in Bihar," he said, as quoted by Telegraph India.
The Additional Chief Secretary of the Industries Department, Sandeep Poundrik, informed PTI that the state government anticipates investment proposals amounting to Rs 30,000 crore from the summit. In his X post, he also stated that Embassy representatives, trade bodies, and companies from 16 different countries will be taking part in Bihar Business Connect 23.
"The summit will highlight the state's strategic advantage across key sectors such as textiles, food processing, IT and bio-fuel, among others," Poundrik added.
The event will witness the participation of various nations including the United States, Taiwan, Japan, Germany, the United Arab Emirates, Saudi Arabia, Russia, the Netherlands, and Hungary.
Additionally, prominent corporations like the Adani Group, Britannia, Micromax Biofuels, Tiger Analytics, and Godrej Group have also confirmed their participation, as mentioned in the report.
He mentioned that the government's main focus was on creating 'plug and play' infrastructure to entice investors. According to him, the state has developed policies in various sectors to attract investors, offering substantial support and incentives, especially in the logistics, textile, and leather industries.
(With Input from the agencies)
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