Centre Greenlights Two SEZ Sites in Bihar
ECONOMY & POLICY

Centre Greenlights Two SEZ Sites in Bihar

The central government has granted approval for the establishment of two Special Economic Zones (SEZs) in Bihar, marking a significant development in the state's industrial landscape. These SEZs are expected to spur economic growth, attract investments, and generate employment opportunities in Bihar.

The approved sites for the SEZs have been strategically chosen to leverage Bihar's unique strengths and potential. These zones will provide a conducive environment for businesses, offering tax incentives, streamlined regulatory procedures, and world-class infrastructure to facilitate manufacturing and export-oriented activities.

SEZs play a crucial role in promoting exports and boosting industrial output by providing a favourable business environment and enabling seamless integration into global supply chains. The establishment of SEZs in Bihar is part of the government's broader strategy to promote inclusive growth and regional development across the country.

The two approved SEZs are expected to cater to various industries, including manufacturing, IT and ITES, pharmaceuticals, and agro-processing. These sectors hold immense potential for growth and job creation, particularly in states like Bihar, which are poised to capitalise on their demographic dividend and natural resources.

Chief Minister Nitish Kumar's administration has welcomed the central government's decision, highlighting its potential to transform Bihar into a hub of industrial activity and economic prosperity. The state government is committed to providing necessary infrastructure support and facilitating a conducive business environment for SEZ developers and occupants.

The approval of SEZ sites underscores the government's commitment to boosting manufacturing, exports, and employment generation in Bihar. It reflects a proactive approach towards fostering economic growth and enhancing the competitiveness of Indian industries in the global marketplace.

The central government has granted approval for the establishment of two Special Economic Zones (SEZs) in Bihar, marking a significant development in the state's industrial landscape. These SEZs are expected to spur economic growth, attract investments, and generate employment opportunities in Bihar. The approved sites for the SEZs have been strategically chosen to leverage Bihar's unique strengths and potential. These zones will provide a conducive environment for businesses, offering tax incentives, streamlined regulatory procedures, and world-class infrastructure to facilitate manufacturing and export-oriented activities. SEZs play a crucial role in promoting exports and boosting industrial output by providing a favourable business environment and enabling seamless integration into global supply chains. The establishment of SEZs in Bihar is part of the government's broader strategy to promote inclusive growth and regional development across the country. The two approved SEZs are expected to cater to various industries, including manufacturing, IT and ITES, pharmaceuticals, and agro-processing. These sectors hold immense potential for growth and job creation, particularly in states like Bihar, which are poised to capitalise on their demographic dividend and natural resources. Chief Minister Nitish Kumar's administration has welcomed the central government's decision, highlighting its potential to transform Bihar into a hub of industrial activity and economic prosperity. The state government is committed to providing necessary infrastructure support and facilitating a conducive business environment for SEZ developers and occupants. The approval of SEZ sites underscores the government's commitment to boosting manufacturing, exports, and employment generation in Bihar. It reflects a proactive approach towards fostering economic growth and enhancing the competitiveness of Indian industries in the global marketplace.

Next Story
Products

unWOOD transforms plastic waste into durable wood alternative

unWOOD, a breakthrough innovation, is converting hard-to-recycle plastic waste into a durable alternative to natural wood. Developed through a proprietary process called Intelligent Compounding, unWOOD uses a Macro Molecular Fiber Matrix (MMFM) structure to replicate the strength, look, and feel of hardwood—without the environmental cost.Conceptualised by Dr Babu Padmanabhan, the material addresses key flaws in traditional plastic recycling by consuming minimal energy, using zero water, and generating no microplastics. “Any application that introduces plastics into areas where it cannot be..

Next Story
Real Estate

Häfele launches Matrix undermount runners range

Häfele has introduced its new Matrix range of undermount runners, designed to enhance drawer motion across kitchens, wardrobes, bathroom units, and more.Available in four weight capacities and a wide range of lengths, the Matrix undermount runners support diverse drawer designs. The 40 kg and 60 kg variants feature synchronised technology for superior motion and drawer stability. All runners come with an integrated soft-close mechanism to ensure smooth and noiseless operation.This in-house range is ideal for kitchen cabinets, bed storage units, living room furniture and bathroom drawers, offe..

Next Story
Real Estate

India's first AI-integrated campus announced in Noida

Yashoda Hospital and Bhutani Infra have announced plans to develop India’s first fully AI-integrated mixed-use campus in Greater Noida West. The upcoming project will feature a hospital, retail spaces, offices, SOHOs, serviced apartments, and a hotel—all operating within a self-learning, generative AI-powered ecosystem.The AI-first campus will integrate real-time data systems, predictive analytics, and adaptive infrastructure to offer personalised experiences across functions. From AI-enabled footfall tracking and dynamic energy optimisation to smart F&B and retail insights, the develo..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?