Patna: The Bihar State Investment Promotion Board (SIPB) has approved investment proposals worth Rs 844.38 crore in its 59th meeting, held on Tuesday to accelerate industrial development in the state. A total of 41 units received first-phase approval, while financial clearance was granted to 29 projects amounting to Rs 368.99 crore.
The meeting was chaired by Development Commissioner Pratyaya Amrit, with Industry Department Secretary Bamdana Preyashi also in attendance. Preyashi later shared details of the meeting on social media.
Among the companies securing approvals in the first phase were Supreme Industries Ltd., Go Green April Ltd., Regal Resources, India Agro Foods, Shalimar Pellet Feeds Ltd., Shilit Hospitality LLP, Rupigear Ventures, Mahalaxmi Rice Mill, New Swadeshi Sugar Mill, Asian Thai Foods Purvanchal Pvt. Ltd., Yash Lakshmi Eco Pack Pvt. Ltd., and Ganesh Foundry & Casting Ltd.
