Bihar is rising because the nation’s most favoured vacation spot for industrialists with Chief Minister Nitish Kumar as its model ambassador, BJP chief and state Industries Minister Shahnawaz Hussain mentioned on Thursday whereas asserting a global traders summit of Bihar on May 12.
Hussain mentioned huge companies corresponding to Hindustan Unilever, ITC, Adani Group and the Dubai-based Lulu Group will take part within the traders meet which will probably be organised within the nationwide capital.
“Bihar has huge investment potential and is now emerging as the most favoured destination for investors, particularly in the sectors of textile, food processing and leather, as it comes under the SAARC corridor,” he mentioned.
Praising JD(U) supremo and Bihar Chief Minister Nitish Kumar, Hussain mentioned he has finished quite a bit for the state by way of infrastructure growth.
“Nitish Kumar has laid the runway for development of Bihar. Now under his leadership, the state will take off for a new era of development,” Hussain instructed a press convention on the Bihar Bhawan right here.
On a query on the state’s model ambassador, he mentioned, “Nitish Kumar ji is Bihar’s brand ambassador and under his leadership, the state is emerging as the country’s most favoured destination for industrialists.” He mentioned particular emphasis is being laid on altering the notion and picture of Bihar. Under the BJP-JD(U) alliance authorities, the state has been remodeled, the regulation and order is being maintained and there’s a very conducive environment for funding.
Discussing the trade prospects within the state, Hussain mentioned Bihar is transferring in direction of changing into the nation’s ethanol hub. In the primary section, 17 ethanol manufacturing models are being arrange in several areas of Bihar.
He additionally mentioned the state industries division is able to provide you with insurance policies on textiles and leather-based, logistics and exports this yr.
Hussain was a Cabinet Minister within the erstwhile Atal Bihari Vajpayee-led NDA authorities on the Centre. At that point, he held varied portfolios corresponding to Civil Aviation and Food Processing Industries.
Source: www.financialexpress.com”