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Bihar Unveils Rs 50 Lakh Crore Industrial Plan With Investor Security Push

The state outlines committees, investor meets, plus new industrial parks to attract large manufacturers.

Overview

  • Nitish Kumar launched a five-year roadmap to place Bihar among the top five investment-friendly states, targeting Rs 50 lakh crore in new investments.
  • Industries Minister Dilip Kumar Jaiswal said the government is considering a Bihar Industrial Security Force on CISF lines to provide dedicated protection to major investors.
  • Apex panels will drive proposals for a defence corridor, a semiconductor manufacturing park, global capability centres, a mega tech city and a fintech city, with another panel exploring a global back-end hub.
  • The build-out includes a 1,700-acre Integrated Manufacturing Cluster at Dobhi nearing inauguration and 31 new industrial townships across 29 districts on 14,036 acres, with about Rs 26,000 crore earmarked for industrial nodes.
  • The plan adds ease-of-doing-business measures, five mega food parks, 10 industrial parks, 100 MSME parks, a full MSME directorate with district centres, skill training for seven lakh people, and investor meets in India and abroad.