Patna: Bihar is set to witness fresh industrial investment with 19 new factories, including projects by UltraTech Cement and Somiyan Remedies, approved in the state. The proposed units are expected to generate employment for around 2,200 people, officials said.
The total investment in these projects is estimated at Rs 928 crore. The approvals were granted during a meeting of the State Investment Promotion Board held at the Industries Department on Friday.
The meeting, which lasted nearly three hours, approved 17 industrial proposals under Stage-1 and Stage-2 clearances. The meeting was chaired by Industries Director Mukul Kumar Gupta.
Among the major companies set to invest in Bihar are UltraTech Cement through its Banka Cement Works unit, Somiyan Remedies Private Limited, Green Excel Private Limited, Bajrangbali Packaging Private Limited, BKSS Enterprises Private Limited, Asharfi Devi Cold Storage Private Limited and Top Ten Enterprises, among others.
Makhana Processing Unit to Come Up in Darbhanga
A major makhana processing unit will also be established in Donar area of Darbhanga district. The project, proposed by Makhayo Foods Private Limited, is expected to create employment opportunities for around 300 people.
The company will invest Rs 27.44 crore in setting up the unit across 2.20 acres of land. The facility will include modern makhana processing, packaging and value-addition infrastructure.
Officials said the project is expected to benefit nearly 5,000 farmers and boost makhana production in the region.
Industries Secretary Kundan Kumar said the Bihar government is continuously working to provide an investor-friendly environment in the state and encourage industrial growth.
