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Bihar seeks Maharashtra's help to boost industry and trade

Updated: Aug 18, 2018 06:50:24am
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Bihar seeks Maharashtra's help to boost industry and trade

New Delhi, Aug 18 (KNN) Eyeing to boost industry and trade, Bihar is seeking help and investors from Maharashtra to forge collaboration between a large consumers and big manufacturing state.

In this regard, Bihar held an investors' meet with entrepreneurs and trade bodies in Pune on Thursday to invite them to establish industries in various sectors like electronics, information technology, food processing and textile.

Representatives of the several multinational companies, entrepreneurs from Bihar origin, office-bearers of the Maratha Chamber of Commerce and Dalit Indian Chamber of Commerce and Industry (DICCI) participated in the meet.

Bihar industries department principal secretary S. Siddharth and investment commissioner R.S. Srivastav addressed them about the new industrial policy adopted by Bihar, as well as, facilities and subsidies provided to entrepreneurs under it.

Siddharth said “We chose Pune for the meeting because it is the second largest industrial hub of Maharashtra.”

Apart from representatives of multi-national companies, many entrepreneurs of Bihar origin showed interest in setting up operations in Bihar.

"DICCI has promised to mentor 1,000 youth under our Mukhyamantri Anusuchit Jati and Anusuchit Janjati Udyami Yojana (a scheme to promote entrepreneurship among Scheduled Castes and Scheduled Tribes) in their chosen enterprises, said Siddharth.

It will give a boost to their skills and prospects, he added.

Investment commissioner Srivastav told entrepreneurs that a huge land bank has been created in Bihar after identifying closed sugar mills.

He said "We've established an investment commissioner's office in Mumbai to help industries and entrepreneurs who want to come to Bihar.”

The Maratha Chamber of Commerce agreed to attend an exchange program with Bihar Industries Association and Bihar Chamber of Commerce and Industries.

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