During the Bihar Summit, the government announced investment proposals worth an estimated 1.81 Lakh INR-Crore. These investments span key sectors such as renewable energy, food processing, and manufacturing. The two-day global investors’ event, Bihar Business Connect 2024, concluded with the signing of MoUs for 423 units, totaling around 1,80,899 INR-Crore.
The Adani Group announced an estimated 29,700 INR-Crore investment. Their plans include 20,000 INR-Crore for an ultra-supercritical thermal power plant and around 2,500 INR-Crore for cement manufacturing. Additionally, the power project is expected to create over 12,000 jobs in the pre-commissioning phase and 1,500 skilled positions during operations.
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Furthermore, Sun Petrochemicals committed a massive 36,700 INR-Crore investment, while NHPC allocated around 5,500 INR-Crore for renewable energy projects. Other notable MoUs included SLMG Beverages investing an estimated 3,000 INR-Crore in food processing, Shree Cements with around 800 INR-Crore for manufacturing, and Haldiram Snacks Pvt Ltd proposing 300 INR-Crore for food processing.
The Bihar Summit has positioned the state as a rising industrial powerhouse. These investments promise to drive economic growth, create thousands of jobs, and shape Bihar’s future as a vibrant hub for development and innovation.
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