Bihar is set to host a mega investor summit this December, aiming to attract significant investments in key sectors such as textiles, food processing, and electric vehicles (EVs).
The two-day Bihar Business Connect event will take place on December 11 and 12 in Patna, following the grand success of its 2023 edition.
In the lead-up to the main event, Bihar will kick off a series of roadshows in various cities, starting with Kolkata on Monday. These roadshows are part of the state's strategy to roll out the red carpet for both domestic and foreign investors.
"Bihar has a strategic locational advantage," said Nitish Mishra, Bihar's Minister for Industry and Tourism, who will be leading the roadshows. "Through Bihar, we can cater to the entire northeast, Nepal, Bangladesh, and Bhutan. Connectivity is excellent now in terms of roads, and we have three functional airports in Gaya, Patna, and Darbhanga."
Recognizing the challenges posed by its land-locked geography, Bihar is offering export subsidies to offset the costs of transporting goods to the nearest ports.
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