Bihar Showcases Investment Potential in Textile and Soft Toy Manufacturing at Mumbai Investor Meet
The Bihar government is actively courting investors in the textile and soft toy manufacturing sectors, presenting the state as a promising industrial hub at a key meeting in Mumbai. Chaired by Industries Secretary Bandana Preyashi, the discussion focused on Bihar’s infrastructure, policy incentives, and potential partnerships to boost industrial growth.
Mumbai/Patna: The Bihar government is making a renewed push to attract industrial investment, with a key meeting held in Mumbai on Thursday aimed at drawing major investors from the textile, soft toy manufacturing, and textile accessories sectors.
The meeting, organised by the Department of Industries, Bihar, was chaired by Bandana Preyashi, Secretary of the department, who presented Bihar as an emerging investment destination with a strong infrastructure and state-backed financial incentives.
Addressing industry leaders, Preyashi outlined Bihar’s textile sector policy, detailing incentives designed to create a business-friendly environment. Discussions also focused on government support for setting up industrial units, particularly in textiles—a sector identified as a key driver of economic growth in the state.
Investors at the meeting expressed keen interest in Bihar’s industrial development and engaged in discussions on potential partnerships and future investment strategies. With competitive incentives and policy backing, Bihar is positioning itself as a viable alternative for companies looking to expand in India’s growing manufacturing sector.
The meeting concluded on an optimistic note, with both Bihar government officials and Mumbai-based investors highlighting the scope for collaboration. The Bihar government has been making concerted efforts to attract industrial investment, promising streamlined processes and policy support to create an enabling business environment.
