Fri Dec 20 08:03:18 UTC 2024: ## Bihar Attracts Record ₹1.8 Lakh Crore in Investments at Global Investors Summit

**Patna, Bihar –** Bihar has secured a record ₹1.8 lakh crore (approximately $21.7 billion USD) in investment commitments at the conclusion of its two-day Bihar Business Connect 2024 investor summit. This surpasses the state’s previous investment haul by more than triple.

The surge in investment pledges comes from a diverse range of industrial giants, including Sun Petrochemicals (₹36,700 crore in renewable energy), the Adani Group (₹20,000 crore in thermal power, cement, and logistics), NHPC (₹5,500 crore in renewable energy), SLMG Beverages (₹3,000 crore in food processing), Shree Cements (₹800 crore in general manufacturing), and Haldiram Snacks Pvt Ltd (₹300 crore in food processing).

Industries & Tourism Minister Nitish Mishra announced the signing of several Memoranda of Understanding (MoUs) representing the total investment figure. The influx of capital is expected to significantly boost Bihar’s economy across multiple sectors, including renewable energy, power generation, food processing, and manufacturing. The summit, held in Patna, signals a significant step forward for the state’s economic development.

Read More