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Bihar Business Connect-2023: Nitish Govt’s Two-Day Summit to Attract Investors

Written by Sanjay Kumar

Bihar, a state known for its rich cultural heritage and historical significance, is gearing up to make headlines in the economic landscape with the upcoming ‘Bihar Business Connect-2023.’ This two-day business summit, scheduled from December 13 to 14, is poised to showcase Bihar as a compelling global investment destination.

Industries Minister Samir Kumar Mahaseth, in a recent announcement, emphasized the state’s strategic advantages in key sectors such as textiles, food processing, IT, and bio-fuel. With participation expected from 600 companies, both domestic and international, the event aims to propel Bihar towards becoming a frontrunner in industrial development.

Day 1 Highlights:

The inaugural day of the summit, on December 13, promises insightful sectoral sessions and field visits. The sessions will delve into the opportunities and potential of the Information Technology (IT)/Information Technology-enabled Services (ITeS) & Electronic System Design and Manufacturing (ESDM), Textile & Leather, Food Processing, and Hospitality & Tourism sectors.

These sessions will not only provide a comprehensive understanding of the state’s offerings but will also be complemented by field visits to industrial areas, offering a firsthand experience of Bihar’s industrial landscape.

Day 2 Agenda:

The second day of the summit, scheduled for December 14, unfolds with a plenary session where Hon’ble Chief Minister Nitish Kumar, ministers, and senior government officers will actively participate.

The day’s agenda also includes one-to-one Business-to-Government (B2G) meetings, fostering direct interactions between investors and key government officials. Additionally, participants will have the opportunity to explore the cultural richness of Bihar through organized visits to historical sites like Nalanda, Rajgir, and Bodh Gaya.

Government Initiatives:

Industries Minister Samir Kumar Mahaseth highlighted the state’s investor-friendly policies, particularly in logistics, textile, and leather sectors. Bihar’s commitment to providing ample support and incentives to investors is evident in the formulation of these policies.

The summit’s concluding day, graced by Chief Minister Nitish Kumar and Deputy CM Tejashwi Prasad Yadav, symbolizes the state’s commitment to forging lasting partnerships with the business community.

The Ideal Investment Destination:

Information and Public Relations Minister Sanjay Kumar Jha emphasized the summit’s significance as a major platform for identifying investment opportunities in the state. He proudly declared Bihar as an ideal destination for industrial investment, underlining the state’s transformation into an attractive hub for businesses.

Summit Logistics:

‘Bihar Business Connect-2023’ will be hosted at Gyan Bhawan, Patna, from 10:00 AM to 5:00 PM on December 13 and 14. For those seeking further information or assistance, the Invest Bihar team, led by Mr. Parv Kapoor (9909978350) and Mr. Rahul Ojha (9021386108), can be contacted via [email protected].

Conclusion:

As Bihar opens its doors to the business world through ‘Bihar Business Connect-2023,’ the state is poised for a paradigm shift in industrial development. The summit serves as a testament to Bihar’s commitment to economic growth, and with its strategic focus on key sectors, it invites investors to be part of a transformative journey.

As the summit unfolds, it not only highlights Bihar’s economic potential but also signifies a collaborative effort between the government and the business community to propel the state into a new era of prosperity.

FAQ

Q1: What is Bihar Business Connect-2023, and what is its objective?

A1: Bihar Business Connect-2023 is a two-day business summit scheduled for December 13-14, aimed at positioning Bihar as a global investment destination. The primary objective is to attract investors to the state, showcasing its strategic advantages across key sectors such as textiles, food processing, IT, and bio-fuel.

Q2: How many companies are expected to participate in the summit?

A2: The summit anticipates the participation of 600 companies, both from India and abroad, making it a diverse and dynamic platform for business interactions.

Q3: What sectors will be covered in the sectoral sessions on Day 1?

A3: Day 1 will feature sectoral sessions on IT/ITeS & ESDM, Textile & Leather, Food Processing, and Hospitality & Tourism. These sessions aim to provide insights into investment opportunities in these key sectors.

Q4: What is the agenda for Day 2 of the summit?

A4: Day 2 includes a plenary session with the Hon’ble Chief Minister, ministers, and senior government officers. The second half of the day is dedicated to one-to-one B2G meetings, facilitating direct interactions between investors and government officials. Participants will also have the chance to explore historical sites like Nalanda, Rajgir, and Bodh Gaya.

Q5: What initiatives has the Bihar government taken to attract investors?

A5: The state has formulated investor-friendly policies, particularly in logistics, textile, and leather sectors, offering support and incentives to businesses. The government’s commitment to forging lasting partnerships is evident in these policies.

Q6: Who will be attending the concluding day of the event?

A6: The concluding day will be attended by Chief Minister Nitish Kumar and Deputy CM Tejashwi Prasad Yadav, emphasizing the government’s commitment to the success of the summit.

Q7: What makes Bihar an ideal destination for industrial investment?

A7: According to Information and Public Relations Minister Sanjay Kumar Jha, Bihar is now an ideal destination for industrial investment, showcasing the state’s transformation into an attractive hub for businesses.

Q8: Where and when will the summit take place?

A8: Bihar Business Connect-2023 will be hosted at Gyan Bhawan, Patna, from 10:00 AM to 5:00 PM on December 13 and 14.

Q9: How can I get further information or assistance related to the summit?

A9: For further information or assistance, you can contact Mr. Parv Kapoor at 9909978350 or Mr. Rahul Ojha at 9021386108 from the Invest Bihar team via [email protected].

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