Bihar is set to receive a significant investment of Rs 8,700 crore from the Adani Group. This was announced at the Bihar Business Connect-2023 summit in November 2023. The investment is a tenfold increase from the group's current investment in the state, which stands at Rs 850 crore.
Here are some key details about the investment:
- Sectors: The Adani Group plans to invest in various sectors in Bihar, including cement manufacturing, logistics, agro-industry, warehouse development, paddy processing, and city gas networks.
- Job creation: The investment is expected to create around 10,000 new jobs in the state.
- Focus areas: The group plans to focus on increasing godown storage capacity and expanding city gas networks in various locations across Bihar.
This investment is seen as a major boost for Bihar's economy and is expected to attract further investments from other companies. The state government has welcomed the move and expressed its commitment to providing all necessary support to the Adani Group.
It's important to note that while the investment has been announced, the specific details of the projects and their timelines are still being worked out. However, it is clear that this is a significant development for Bihar, and we can expect to see more information in the coming months.
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