Bihar’s Investors Mumbai Meet took Center Stage in Mumbai

Mumbai, Maharashtra – 13 Sep, 2024 – The Department of Industries, Government of Bihar, hosted the Bihar Business Connect -2024 -Investors’ Meet Mumbai in Mumbai. This event served as a precursor to the highly anticipated Bihar Business Connect 2024 – Global Investors’ Summit.

Hon’ble Union Minister of Commerce and Industry Shri Piyush Goyal , and Hon’ble Minister, Department of Industries & Tourism, Govt. of Bihar, Shri Nitish Mishra, graced the event with their presence.

Showcasing Bihar’s Potential

This event aimed to showcase Bihar’s vast potential in the various sectors, attract investments, and create employment opportunities. The meet featured discussions on industry trends, technologies, and government initiatives supporting textile development in the state.

Participation from Industry Leaders

The Meet attracted over 100 participants from different industrial sectors, featuring notable figures such as (CEO, Pallab Banerjee, Pearl Global), (Executive VP Mr. AK Tripathi, Supreme), ( Mr. Pranav Jain, Mafatlal),( Director Chiraj Trivedi, Zeel) (Chief Financial Officer, Kaushal Parekh, Metro Brands) (Procurement Director, Mandeep Singh Tuli, HUL) among others.

Investor Confidence in Bihar’s Textile Sector with 22 Commitments

A total of twenty-two participants announced their intention to invest in the textile sector, showcasing strong interest and confidence in its potential for growth.

Participation from Government Side

The Meet was attended by Shri Piyush Goel, Minister of Commerce and Industry, Govt. of India and Shri Nitish Mishra, Minister Industries & Tourism, Govt. of Bihar along with key government officials Ms. Bandana Preyashi, Secretary, Shri Alok Ranjan Ghosh, Director Industries, Shri Ravi Prakash, Director Food Processing.

Who said what

Secretary Department of Industries, Smt. Bandana Preyashi

Bihar Beckons Investors with Visionary Partnership and Proactive Governance

The Department of Industries, Government of Bihar, showcased the state’s investment potential at a high-profile Investors’ Meet in Mumbai today. Secretary, Industry, highlighted the collaborative vision of the central and state governments, dispelling outdated perceptions and inviting investors to capitalize on Bihar’s growth momentum.

Key takeaways from the presentation include:

Single Window System: Hassle-free paperwork with full transparency

Proactive Governance: Building industrial parks like Mega Food Park at Motipur, Leather Park at Mahawal, and Irradiation Center cum Pack House at Bihta.

Changing Perception: Bihar is ready to offer peace of mind to investors

The Secretary emphasized that this is the right time for investors to tap into Bihar’s vast opportunities, citing the state’s proactive approach to industrial development. With the government’s commitment to transparency and infrastructure development, Bihar is poised to become a premier investment destination.

Join the growth story of Bihar. Invest now and reap the rewards of a visionary partnership.

Industry Speak

CEO Pearl Global Mr. Adarsh ,Vice Chairman Mr. Gaurav Shah CII, & Executive Director Mr. Ashish Saha VIP

Bihar’s Skilled Manpower and Women Empowerment Shine at Industry Speak Session

The Industry Speak session at the Bihar Investors’ Meet in Mumbai witnessed a resounding endorsement of the state’s skilled manpower and women empowerment initiatives. CEO, VIP Industries, shared a remarkable success story, highlighting the impact of Bihar’s plug-and-play sheds on female workers.

Key highlights from the session include:

– Huge availability of skilled manpower in Bihar

– Plug-and-play sheds empowering female workers, giving them confidence

– 15-day training programs yielding remarkable results, with workers excelling in their roles

The CEO VIP expressed optimism about Bihar’s future, saying, “You never know, we may reach out to the world from Bihar in the coming times.” This sentiment echoes the state’s vision for industrial growth and global connectivity.

Bihar’s commitment to skilling, women empowerment, and industrial development is paving the way for a brighter future. Join the journey and be a part of Bihar’s success story.

Hon ‘able Minister Shri Nitish Mishra

Bihar Poised to Become India’s Growth Engine: Minister Nitish Mishra

Minister of Industries & Tourism, Govt. of Bihar, Shri Nitish Mishra, unveiled a vision for Bihar as a major industrial hub, driving India’s growth at the Bihar Investors’ Meet in Mumbai.

Key highlights from the Minister’s address include:

– Bihar’s potential to become the growth engine of India

– Increasing manufacturing capacity in India, with Bihar playing a pivotal role

– Multiple industrial activities underway in Bihar, transforming the state’s landscape

Minister Mishra emphasized Bihar’s strategic position, skilled workforce, and proactive governance, making it an attractive destination for investors. He invited investors to be a part of Bihar’s growth story, contributing to India’s overall development.

Key takeaways from the speech of the centre Minister of Commerce & Industry Shri Piyush Goel Ji

Centre Minister Shri Piyush Batting for Bihar as Ideal Investment Destination

He quoted – Whenever Bihar has been prosperous, India has been prosperous. Therefore, Viksit Bihar is equally important for Viksit Bharat. “Hon’ble Union Minister Shri Piyush , while speaking at the Bihar Investors’ Meet in Mumbai, quoted the speech by Hon’ble Prime Minister Sri Narendra Modi delivered earlier this year in Bettiah (West Champaran)

• Union Minister Shri Piyush endorsed Bihar as a prime investment hub at the Bihar Investors’ Meet in Mumbai, citing the state’s aspirational youth, conducive policies, and transparent governance.
• – Bihar’s young, aspirational population eager to work in their home state
• State government’s honesty, transparency, and timely payment of subsidies
• Bihar’s policies and business-friendly environment making it an attractive destination for investors
• Known for its academic excellence, Bihar has a long tradition of producing talented and dedicated civil servants. Many of the best IAS officers in the country hail from Bihar, a testament to the state’s strong educational foundation and commitment to public service.”

He further also stated that – I firmly believe that Bihar is one of India’s hidden gems, waiting to be discovered by the world. I would like to extend my warm congratulations to the Chief Minister of Bihar and the industry minister for their unwavering commitment and tireless efforts in transforming the state into a thriving business hub.

To all investors looking for a promising destination, I say: look no further than Bihar. With its skilled workforce, business-friendly policies, and proactive governance, Bihar is poised to become a leading investment destination in India. Join us in shaping the future of Bihar and unlocking its vast potential.

Looking Ahead

The Bihar government is working to improve the industrial landscape through talks with industry players, investor events, and cooperation with national authorities. Their goal is to build a strong and growing industrial sector that benefits the state’s economy, creates jobs, and promotes sustainable development.