Categories: NewsPolitics

Shoe and biscuit plant will be set up in Vaishali and ethanol plant in Bhagalpur and Purnia, 46 proposals got clearance

Patna. A leather footwear manufacturing factory is going to be established in Vaishali district of the state with an investment of more than Rs 102 crore. There is a proposal to set up a logistics and warehouse house in this district with an investment of Rs 191 crore. There is a proposal to set up a biscuit and cake unit in Hajipur with an investment of Rs 61 crore. Similarly, a food testing laboratory is going to be established in Patliputra Road area in Patna and a software service company is going to invest in Patliputra industrial area. Apart from this, there is a proposal to establish new rice mills in nine districts. Apart from this, ethanol plants are going to be established in Bhagalpur and Purnia. In the 50th meeting of Bihar Investment Promotion Board (SIPB), first clearance has been given to a total of 46 investment proposals worth Rs 820.76 crore. All the proposals are worth more than two crores. Of these, maximum 14 proposals are for food processing. Apart from this, maximum 13 proposals are for establishment of rice mills.

Big investment going to happen in water park in Begusarai

Financial clearance has been given to all these proposals in the 50th meeting of the State Investment Promotion Board, the agency that gives clearance to industrial investment in Bihar. Experts say that now these investments will come to fruition in a few months. In fact, the financial obstacles to their investment have been removed. Ethanol plant is to be set up with an investment of Rs 58 crore in Naugachhia of Bhagalpur and Rs 17.30 crore in Paraura of Purnia. About Rs 10 crore is to be invested in setting up water park/hotel/restaurant in Begusarai. About Rs 6 crore is being invested in setting up a food lab in Patna. A hotel has been established in Narkatiaganj of West Champaran with an investment of more than four crores. The remaining investments are to be made in the field of food processing.

Financial clearance for 28 investment proposals worth Rs 216.85 crore

In the SIPB meeting, financial clearance was given to 28 investment proposals worth Rs 216.85 crore. These are those proposals in which banks and other financial agencies are ready to provide financial help for investment. This type of clearance is given to those units to which financial agencies are finally ready to provide loans and other facilities. In this meeting, various departments have been asked to take decisions regarding the electric power generation plant of Mokama Pumped Storage Project. This meeting was held on 10 November, the proceedings of which were released on 17 November. Development Commissioner Vivek Singh, Additional Chief Secretary of Industries Department Sandeep Poundrick and Director of the department Pankaj Dixit were mainly present in the board meeting.

Most offers in the field of rice mill and food processing


  • Rice Mill-13-157.23 crore

  • Food Processing-14-490

  • General Manufacturing -12-115 crores

  • Textile and Leather Sector- 01-102 crores

  • Health and Care Sector-04-38 crores

  • IT Sector-01-5.61

  • Small Scale Industries-01 Rs. 3.91 crore

Note : All of them have been given first clearance.

Proposal to open new rice mills in these districts

Nalanda, Muzaffarpur, Munger, Gaya, West Champaran, Aurangabad, Patna, Buxar and Sheikhpura.

Promotion Board gave special instructions

  • – SIPB directed the Municipal Housing and Housing Development Department to ensure that necessary licenses like Land Development Plan under Bihar Building, water supply and trade license etc. are given to the investors through single window system.

  • – The master plan of Patna and other urban local bodies should be made online by clearly marking the areas for different types of uses.

  • -It has been directed to provide the facility of Fire NOC/Audit Certificate/Land Conversion online. The time line for online NOC has been fixed till 31st December.

  • – Matters of Stage One and Financial Incentive clearance should be explained through graphics presentation.


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