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Bihar invites firms to invest in textile industries

Jul 05, 2021
Bihar invites firms to invest in textile industries

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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