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Bihar Deputy Chief Ministers Samrat Choudhary and Vijay Kumar Sinha with state Minister for Department of Industries Nitish Mishra and Secretary Bandana Preyashi during ‘Bihar Business Connect 2024 – A Global Investors Summit’, in Patna on Thursday (December 19, 2024).
| Photo Credit: PTI
Sun Petrochemicals and Adani Group were among an array of industrial houses that lined up a record ₹1.8 lakh crore investments across sectors in Bihar, more than triple the amount the state received at its maiden investor meet last year.
Announcing the investment proposals received at the end of the two-day Bihar Business Connect 2024 investor summit, Industries & Tourism Minister Nitish Mishra said several memoranda of understanding (MoUs) entailing investment of over ₹1.8 lakh crore have been signed.
Sun Petrochemicals will invest ₹36,700 crore in renewable energy including pump hydro and solar plants. Adani Group is looking to invest ₹20,000 crore in setting up an ultra-supercritical thermal power plant. Besides, the group also announced investment towards expanding the cement capacity as well as in the warehousing and logistics sector.
At the Bihar Business Connect 2024, leading companies such as NHPC (₹5,500 crore for the renewable energy sector), SLMG Beverages (₹3,000 crore for the food processing sector), Shree Cements (₹800 crore in the general manufacturing category), and Haldiram Snacks Pvt Ltd (₹300 crore for the food processing sector) also inked MoUs with the state.
Published – December 20, 2024 01:33 pm IST
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