Bihar government signed Memorandums of Understanding (MoUs) worth nearly ₹51,600 crore with leading industrial groups in the presence of Chief Minister Samrat Choudhary in Patna on August 6, 2026. Photo: Aftab Alam Siddiqui
By A Correspondent
Patna: In a major push to industrial development, the Bihar government on Thursday signed Memorandums of Understanding (MoUs) worth nearly ₹51,600 crore with leading industrial groups in the presence of Chief Minister Samrat Choudhary at a ceremony held at the Lok Sevak Awas Sankalp.
The agreements, signed between the Industries Department and various companies, cover sectors including steel, clean energy, textiles, manufacturing and innovation.
The investment commitments include:
Shyam Steel Manufacturing Ltd – ₹5,000 crore in the steel sector.
Shakambhari Ispat & Power Ltd – ₹5,000 crore in the steel sector.
Nakshit Iron & Steel Pvt Ltd – ₹6,836 crore in the steel sector.
Shri Langta Baba Metals & Power Ltd – ₹5,500 crore in the steel sector.
Ankur Steel Pvt Ltd – ₹6,000 crore in the steel sector.
Shri Samriddhi Steel Pvt Ltd – ₹290 crore in the steel sector.
Global Renewable Advanced Clean Energy Pvt Ltd (GRACE)– ₹22,500 crore in the nuclear energy sector.
Creative Group – ₹250 crore in the textile sector.
Bharat Science & Innovation Pvt Ltd – ₹200 crore.
Anubhav Apparels Pvt Ltd – ₹50 crore in the textile sector.
Addressing the gathering, the Chief Minister said the government’s priority was to ensure that investment proposals were translated into projects at the earliest to create industries and generate large-scale employment across Bihar.
He said the state would be developed into one of India’s leading steel hubs, highlighting the vast potential for steel and metal-based industries. Fresh investments and the establishment of large industrial units, he said, would accelerate industrial activity while creating direct and indirect employment opportunities.
Photo: Aftab Alam Siddiqui
Samrat Choudhary also announced that the textile sector would receive special encouragement as one of Bihar’s key growth areas. Since textile and apparel manufacturing is labour-intensive, he said, the sector had immense potential to create jobs on a large scale. Investors would be encouraged to establish new textile and garment manufacturing units in the state.
Emphasising future energy requirements, the Chief Minister said the government was also focusing on clean energy, particularly opportunities in the nuclear energy sector. He said Bihar would strengthen its energy infrastructure by attracting fresh investments and promoting modern technologies to meet the state’s growing industrial and economic needs.
Describing food processing as another priority sector, Samrat Choudhary said Bihar should leverage its strength in agriculture and food production to promote industrial growth. Expansion of food processing units, he noted, would provide farmers with better market access while boosting employment and economic activity in rural areas. He added that investment opportunities in the healthcare and pharmaceutical sectors would also be pursued with priority.
Earlier, the Chief Minister reviewed preparations for Bihar Business Connect 2026, saying the event would showcase Bihar’s investment opportunities to leading industrial groups and investors from India and abroad. He said the slogan “Build and Believe in Bihar” would serve as the guiding mantra for the state’s industrial transformation.
Highlighting Bihar’s strengths, he said the state possessed a vast consumer market, a young workforce and enormous scope for industrial expansion. With investor confidence, supportive government policies and improved infrastructure, Bihar would emerge as one of India’s leading industrial states.
The Chief Minister also stressed the need to involve the Bihar diaspora in the state’s development through Bihar Business Connect, urging them to contribute not only to their place of work but also to their homeland.
Calling for coordinated action across all departments linked to industrial investment, the Chief Minister directed officials to work in mission mode and ensure that MoUs were converted into projects without delay. He said investors should be provided with all necessary support to facilitate the establishment of industries.
Reaffirming the government’s commitment to accelerating industrialisation, he said Bihar would expand employment, manufacturing and economic activity by promoting investments in steel, textiles, clean and nuclear energy, food processing and pharmaceuticals, thereby fulfilling the vision of a prosperous and developed Bihar.
Deputy Chief Minister Bijendra Prasad Yadav, Industries Minister Shreyasi Singh, Principal Secretary to the Chief Minister Deepak Kumar, Chief Secretary Pratyay Amrit, Development Commissioner Mihir Kumar Singh, and senior officials from various departments were present at the event.
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