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Bihar industry minister woos textile manufacturers from Punjab

Bihar industry minister Shahnawaz Hussain said ample and cheap manpower, more water, land at affordable rates plus government incentives are other reasons which make Bihar an attractive option for investors

Published on: Jul 26, 2022 01:51 AM IST
By , Ludhiana
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: Bihar industry minister Shahnawaz Hussain on Monday called on the industrialists from Punjab to invest in the state, saying that Bihar is now a changed state and changing perception is the need of the hour.

Bihar industry minister woos textile manufacturers from Punjab
Bihar industry minister woos textile manufacturers from Punjab

“Bihar is the birthplace of Guru Gobind Singh. People are hard working here. For Punjab’s success, people from Bihar have played a significant role always,” Hussain said.

Calling upon textile manufacturers to invest in Bihar as they have recently announced a new textile policy, Hussain said industry in Punjab has been selling a major chunk of their produce in Bihar. “Why only sell? Come and manufacture here. Don’t make Bihar a godown, make and sell on our state,” he said.

In addition, ample and cheap manpower, more water, land at affordable rates plus government incentives are other reasons which make Bihar an attractive option for investors, he said.

“Why should anyone from Punjab come all the way to Bihar to set up a textile unit? Bihar has changed and is changing, it’s not the same anymore. I am here to change your perception of the state,” said principal secretary, industries, Bihar, Sandeep Poundrik, who also gave a presentation on new textile policy in their state.

Announcing a new textile policy with 10 crore capital subsidy, Hussain said that it is our commitment that the subsidy will be disbursed on time.

 
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