Bihar invites firms to invest in textile industries

Bihar invites firms to invest in textile industries

State industries minister Syed Shahnawaz Hussain invited entrepreneurs from textile industries to invest in Bihar and take the country ahead of Bangladesh in garmenting.

Patna, Bihar

Bihar’s Industries Minister
Syed Shahnawaz Hussain invited entrepreneurs from textile industries to invest
in Bihar and take the country ahead of Bangladesh in garmenting.

Hussain held a discussion on draft textile policy for
Bihar with the Synthetic Rayon Textile Export Promotion Council (SRTEPC) at its
head office in Mumbai. He emphasised the strategic location of Bihar for both
domestic and export markets and explained that most of its districts were
connected via nearby airports in Bihar and adjoining states.

The meeting was attended by the executive council of
SRTEPC, including its chairman Dhiraj Raichand Shah. Additional chief secretary
(industries) Brijesh Mehrotra and investment commissioner R S Srivastav
also attended the meeting.

The industry showed
promising response to the draft policy applauding the progressive approach of
the government and said that further suggestions if any shall be forwarded to
the government.

He also said that the state has implemented the online
filing of Common Application Form (CAF) to make the single-window system
effective. The minister spoke about recent investment intentions that the
state has received from JSW, Essar and
Micromax.

Source: The Times of India

Image Sources: Google Images

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