Investments flowing in Bihar

The investment climate in Bihar is continously improving and last few days has some multiple new projects being planned in Bihar.

World bank to launch 73 million $ project in rural Bihar which aims creating opportunities in six distrcits of rural bihar.

Bihar has received proposals for investment worth Rs 400 crore from cement companies like Ambuja Cements and Birla Corporation. Ambuja Cements, one of the top manufacturers, has proposed setting up of a cement grinding unit of one million tonne capacity in Barh at an investment of Rs 138 crore. Birla Corporation, the flagship company of the MP Birla group, has
proposed setting up of a one million tonne grinding unit in Barh. The investment figure is not available.

Apart from these big names, there are others too. Century Plywood, a leading plywood producer, has announced an investment of Rs 119 crore for a one million tonne cement grinding unit in Kahalgaon.

Railways projects worth 15,000 crores to improve the rail service and better connectivity.

Bihar among top ten states to spend on road construction. Bihar is spending nearly 40% of funds, well above the national average, in both repair and highway upgradation.

These investment measures will surely bring new opportunities of employment and improve Bihar’s overall economy.

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