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Bihar pitches investment surge before Rs 5 lakh crore deadline

Bihar pitches investment surge before Rs 5 lakh crore deadline
‘Bihar no longer the badlands’: Industries Minister Shreyasi Singh’s investment pitch · indianexpress.com

Bihar wants companies to invest Rs 5 lakh crore in the state by November.

Industries Minister Shreyasi Singh says the target may be reached or even exceeded.

The government says it is making it easier for businesses to get approvals and find land.

It has leased ready-to-use factory space in several districts.

Officials say renewable energy, ethanol, food processing, steel, garments and leather are attracting investment.

A proposed ethanol plant in Jamui would be one of the largest in Asia.

The government is also buying land and borrowing money to build industrial infrastructure.

Bihar says it has 1,653 registered startups, including many led by women.

Key facts

Investment target
Rs 5 lakh crore by November, according to the chief minister's target cited in the interview.
Proposed investments by September 2025
Rs 1.11 lakh crore, according to State Investment Promotion Board records cited by the state Industries Department.
Largest cited sectors
Renewable energy: Rs 38,644 crore; ethanol: Rs 30,748 crore; food processing: Rs 20,153 crore.
Infrastructure financing
The state is taking a Rs 25,000-crore loan to build infrastructure on acquired land.
Ready-to-use industrial space
Approximately 31 lakh square feet has been leased to businesses and startups.
Land acquisition
Acquisition of 14,600 acres is underway, with 2,247 acres of Bettiah Raj forest land also planned for use.
Startups
Bihar reports 1,653 registered startups, including 241 women-led startups.

Quotes

Shreyasi Singh

Bihar Industries Minister and Jamui BJP MLA

“It is true that Bihar has been treated as “badlands”, more so during the 1990s.”
indianexpress.com
“It is poetic justice — for Jamui and Bihar.”
indianexpress.com

Sources

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