Bihar Business Connect 2024 Concludes With a Historic Milestone; MoUs Worth Rs 1.8 lakh cr Signed

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Mumbai : The Bihar Business Connect 2024 concluded on a grand note, marking a historic day for Bihar’s industrial growth. The day’s events commenced with the ceremonial lamp lighting by the Hon’ble Deputy Chief Minister Shri Vijay Kumar Sinha, who graced the occasion as the Chief Guest. His presence underscored the state’s commitment to fostering a robust industrial and entrepreneurial ecosystem. The event was further enriched by the presence of distinguished dignitaries from the government, including Shri Nitish Mishra, Hon’ble Industries cum Tourism Minister; Shri Bijendra Prasad Yadav, Hon’ble Energy Minister; Shri Amrit Lal Meena, Chief Secretary, Govt of Bihar; Shri Deepak Kumar, Secretary to the Chief Minister; Shri Pratyaya Amrit, Development Commissioner; and Smt. Bandana Preyashi, Secretary, Department of Industries.



Shri Bijendra Prasad Yadav, Energy Minister, Govt of Bihar, read a letter by Hon’ble Chief Minister of Bihar, Shri Nitish Kumar, who couldn’t grace the event due to unforeseen circumstances – “I am delighted to welcome everyone here today. Unfortunately, I couldn’t join you like last year, but I am thrilled to see the remarkable progress we have made together. Over the past few years, we have worked tirelessly for the development of Bihar, and it fills me with pride to witness your active contributions to this development. Your efforts will not only benefit the people of Bihar but also create new opportunities and generate more employment for our state. We have the infrastructure, resources, and a vibrant population. I invite you all to come to Bihar, invest here, and join hands with us in driving Bihar’s progress and shaping a brighter future.



A significant highlight of the day was the signing of several landmark Memorandums of Understanding (MoUs) with leading companies, paving the way for transformative industrial collaborations in Bihar. A total of 423 MoUs were signed during the summit which reached an impressive Rs 1.8 lakh crores—three times the total amount signed last year. Maximum investment came from the renewable energy sector, with Sun Petro Chemicals committing investments worth Rs 36,700 crores and NHPC bringing Rs 5,500 crores. In the food processing sector, SLMG Beverages (Coca-Cola) and Haldiram’s Snacks Pvt. Ltd. pledged Rs 3,000 crores and Rs 300 crores, respectively. Additionally, Shree Cement committed Rs 800 crores in general manufacturing.
 
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