Bihar Aims for Rs 50 Lakh Crore Investment, Top 5 Investment Hub Status
Bihar CM Nitish Kumar Unveils Massive Industrialisation Plan

In a major push to transform the state's economic landscape, Bihar Chief Minister Nitish Kumar on Saturday chaired a high-level meeting focused on accelerating large-scale industrialisation. The CM declared the government's ambitious goal to propel Bihar into the list of the top five investment-friendly states in the country within the coming years.

Blueprint for a Rs 50 Lakh Crore Investment Surge

The cornerstone of this vision is a comprehensive five-year action plan aimed at attracting a staggering investment of Rs 50 lakh crore. To achieve this, the state will aggressively reach out to investors through conferences in major commercial hubs across India and globally. The plan, as detailed in a statement from the Chief Minister's Office (CMO), encompasses a multi-pronged strategy.

Key initiatives include:

  • Enhancing the Ease of Doing Business (EoDB) ecosystem.
  • Establishing five new mega food parks with modern processing and logistics.
  • Developing 10 new industrial parks and 100 micro, small and medium enterprise (MSME) parks.
  • Skill training for 7 lakh people in industry-relevant trades and entrepreneurship.
  • Creating a dedicated MSME directorate and setting up MSME centres in all districts.
  • Providing robust export and market linkage facilities for local products.

Accelerating Development with Mega Clusters and Parks

The government is fast-tracking several landmark projects. The establishment of an Integrated Manufacturing Cluster (IMC) spread over approximately 1,700 acres in Gaya's Dobhi is being rapidly advanced and is slated for inauguration soon. Inspired by this model, the state plans to set up 31 new state-of-the-art industrial parks across 29 districts, covering a total of 14,036 acres.

These will include 10 sector-specific parks such as textile and pharma parks. A massive outlay of Rs 26,000 crore has been earmarked for this rapid industrial development drive across Bihar.

Building on Two Decades of Industrial Growth

Chief Minister Kumar highlighted the significant industrial progress Bihar has already made. He cited that the number of industrial units in the state has more than doubled, rising from 1,674 in 2005 to 3,500 in 2025.

In a remarkable leap, the export of industrial products from Bihar skyrocketed from a mere Rs 25 crore in 2005 to Rs 17,000 crore in 2025. Furthermore, the contribution of the industrial sector to Bihar's Gross State Domestic Product (GSDP) witnessed a four-fold increase, jumping from 5.4% in 2005 to over 21% in 2025.

The meeting, where Chief Secretary Pratyaya Amrit presented the detailed five-year action plan, was attended by Deputy CM Samrat Choudhary, Water Resources-cum-Parliamentary Affairs Minister Vijay Kumar Choudhary, Industries Minister Dilip Kumar Jaiswal, and other senior officials. The plan, termed 'Bihar Industrial Sankalp', also covers the Bihar Industrial Investment Promotion Package 2025 and strategies for boosting entrepreneurship.