Patna. On the first day of Bihar Business Connect 2023 (Global Investor Summit) held at Gyan Bhawan on Wednesday, investors who came to explore investment possibilities in Bihar showed interest in textiles and leather sectors. Managing Director of Rupa & Company, Ramesh Aggarwal said that Rupa Group is exploring the possibility of investment in the textile sector in Bihar. The present government is seriously considering this direction. There is a strong market for us in Bihar. We have received a lot of support from customers here. Bihar government is also providing all possible help. We can invest here very quickly.
Vietnam will contribute in creating industrial environment in Bihar
Laszlo Trezi of Meteor CIE Limited, Hungary says that he has business in Europe and East Asia. We are interested in investing in Muzaffarpur. We can invest in Bihar next year. Our company works in the field of soft clothes. It is in great demand in the country and the world. Trade Counselor Embassy of Vietnam Bui Trung Thung says that Vietnam will contribute in creating industrial environment in Bihar. Especially in textile manufacturing, it will contribute to technical capacity enhancement, quality improvement and upgradation of machines. Will also provide training to local entrepreneurs to increase their understanding of the market.
Nahar Group of Industries will set up logistics park
Kamal Oswal, Chairman cum Managing Director of Nahar Group of Industries, said that I am going to set up a logistics park in Bihar. Apart from this, I am thinking about my Moticarlo brand. I am going to invest Rs 350-300 crore on this. In this project, our group will be able to provide employment to three to four thousand people in Bihar. I still have to work in this direction. Investment in garment sector can be beneficial in Bihar. Raw material will also be easily available here. Bihar should learn from Bangladesh in creating an environment for capital investment from Bangladesh. Their officers and current textile entrepreneurs should visit there. Entrepreneurship is growing rapidly in Bihar. This is a promising state.
High Spirit Commercial Ventures will invest in leather industries
Tushar Jain, Managing Director of High Spirit Commercial Ventures said that I have been associated with Bihar for 18 months. I have invested in leather industries. Efforts to make bags and other leather products are going on in Muzaffarpur and Motihari and other places. In Motihari, I have given work to Bihari laborers working in other states. I am proud of the people who have enriched me. I did something for them. I am working as a brother with Jeevika Didis. Along with the bag cluster in Muzaffarpur, our group has started slider production in a village here. This is being done only by the people of that village and nearby villages. I have Gandhigiri in me, that is why I have increased my investment for people from rural background in Champaran, Bihar. We are going to provide employment to four thousand more people in Bihar.
Savi Leathers Global Private Limited will set up textile unit in Madhubani.
Vijay Kumar Jha, Director of Savi Leathers Global Private Limited, originally from Mithila, I am going to set up a textile unit in Pandaul in Madhubani district. Three thousand people will get employment in this. The special thing will be that this unit will be an example of complete women empowerment. Right now is a good time for investment in Bihar. I had got the land allotment done a year ago. My unit will start work on September 17, 2024. Our group is new in textile. We have experience in working with leather. We are working for big brands in the country and the world. Investors should contribute to creating an ecosystem of industrial development in Bihar. I am able to do something for Bihar. it’s my pleasure.
Komal Taxfab Private Limited is exploring possibilities in garment sector.
Talking to BollywoodWallah, Suresh Bagrecha, Managing Director, Chairman of Komal TaxFab Private Limited said that I have come to Patna for the first time. In my units of other states, four to five thousand people are from Bihar. My group would like to invest in Bihar in the field of polyester, nylon and garments. I am confident that I will get full support in Bihar. People of Bihar will get work in Bihar. This would be a good thing. I am a follower of Jainism. In this respect, Bihar is very special for me. We will also strengthen the supply chain so that exports can be promoted. I am happy that an industrial environment is being created in Bihar.