Bihar Business Connect 2023: Buddhist monks will inspire foreign investors to set up industries in Bihar

The State Industries Department is committed to changing the industrial scenario of Bihar. Under this, Bihar Business Connect 2023 is being organized at Gyan Bhawan, Patna on 13 and 14 December. To make this global investor summit a success, a meeting was held with the caretakers and monk in-charges of all the monasteries of different countries in the meeting hall of BTMC Bodh Gaya under the chairmanship of DM of Gaya District Dr. Thiagarajan SM on Saturday and discussed how big industries can be brought to Bihar. It was discussed whether it should be established. 63 monastery representatives and caretakers attended the meeting.

What did DM say…

The DM welcomed the representatives of all the monasteries in the meeting and said that all of you are associated with different countries. Everyone also has a monastery in Bodhgaya. It is the effort of the government and administration that all of you should move forward in the economic growth of Gaya district along with Bihar. You should also inspire the industrialists of your country from your level to establish big industries in Bihar.

Bihar Business Connect 2023 is being organized with the aim of attracting external investors.

The biggest objective behind organizing Bihar Business Connect 2023- Global Investors Summit is to attract external investors in the state. In this, investors and companies from all over the world are invited. On December 13, a workshop will be organized with industrialists for setting up industries like textile, leather, food processing, general manufacturing, IT and ESDM. In view of this, incentives to foreign investors in Bihar were specifically discussed in the meeting.

The changing industrial scenario of Bihar will be presented in the mega event.

The DM informed the Buddhist monks from different countries present about the state’s strong infrastructure, good law and order and peaceful and harmonious environment and requested the investors of his country to make maximum investments. During this meeting, the monks in-charge and representatives were told that the changing industrial scenario of Bihar will be presented in this two-day mega event. Its purpose is to encourage and attract investors. This two-day program will have sessions related to business networking, informative discussions, exploration of synergy and partnership opportunities.

Bihar is now ready for industrial takeoff

DM said that Bihar, known for history, culture and agriculture, is now moving on the path of industrial development. The economy of Bihar has been growing rapidly in the last few years. Bihar’s growth rate in 2021-22 was 10.98 percent, the third highest in the country. Bihar Industrial Investment Promotion Policy 2016 has created a favorable environment for industrial participation in the state. Now industries are being promoted here. For this, investor-friendly industrial policies have been made here, which mainly include Bihar Industrial Investment Promotion Policy 2016, Bihar Textile and Leather Policy 2022, Bihar Biofuels Production Promotion Policy 2023, Bihar Logistics Policy 2023.

Attractive incentives and subsidies are given

Under these policies, attractive incentives and subsidies are provided. Due to suitable opportunities and favorable environment, Bihar is now ready for industrial takeoff. In the meeting, DDC, Sadar SDO, Bodhgaya DSP, Nodal Officer of Industries Department Vivek Anand, who came from Patna, Executive Officer of Bodhgaya Municipal Council, Secretary of BTMC, members of BTMC, General Secretary of IBC and heads, in-charges and caretakers of 63 monasteries were present. Were present.